Manufacturing – Apparel Resources

Chinese firm Jidalai to invest US $ 5.85 million in Adamjee Export Processing Zone

Apparel Resources News-Desk — Fri, 18 Oct 2024 11:52:02 +0000

A US $5.85 million investment has been made by Jidalai Company Limited, a Chinese company and strategic business partner of the well-known zipper brand YKK, to build a plant in the Adamjee Export Processing Zone. With an annual production target of 70 million zip pullers, the new factory will make a substantial contribution to the […]

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Beza urges inclusion of local developers in Indian Economic Zone

Apparel Resources News-Desk — Fri, 18 Oct 2024 11:25:06 +0000

The Chief Adviser’s Office (CAO) has received a formal proposal from the Bangladesh Economic Zones Authority (Beza) allowing local Bangladeshi contractors to work on land development projects at the Indian Economic Zone in Mirsarai, Chittagong. Since no Indian contractors have turned in their bid documents by the due date, this request is made in light […]

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CPI seeking L-G intervention for Puducherry textile park

Apparel Resources News-Desk — Thu, 17 Oct 2024 06:36:47 +0000

In a letter to Lt. Governor K. Kailashnathan, the CPI requested his help in creating a textile park in Puducherry as part of the PM MITRA initiative. In a meeting with the Lt. Governor, a CPI delegation headed by State Secretary AM Saleem delivered a memorandum outlining the case for a textile hub in Puducherry, […]

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Gujarat CM unveils new Textile Policy 2024, introduces capital subsidies, power tariffs, payroll schemes

Apparel Resources News-Desk — Wed, 16 Oct 2024 13:34:24 +0000

Gujarat Chief Minister Bhupendra Patel has unveiled the much-awaited Textile Policy 2024. The new additions of the policy aim to strengthen the textile sector and also outline the financial aid offerings. The Chief Minister shared that the state is expecting to attract an investment of US $ 3.57 billion in the textile sector with the […]

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Almost all RMG factories operational, reports Chief Adviser’s press wing

Apparel Resources News-Desk — Tue, 15 Oct 2024 08:45:38 +0000

About 99.26 per cent of the ready-made garment (RMG) industries in the Ashulia, Gazipur, and Savar regions were operating as of Monday morning, October 14. According to a situation report released by the Chief Adviser’s press wing, there are no major issues affecting the manufacture of clothing in Savar, Ashulia, Narayanganj, or Gazipur. Out of […]

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Indo Count Industries Ltd., expands US presence with 2 acquisitions

Apparel Resources News-Desk — Tue, 15 Oct 2024 06:31:54 +0000

Indian global bed linen manufacturer, Indo Count Industries Ltd., has announced that it has acquired Modern Home Textiles Inc., a utility bedding manufacturer with headquarters in Phoenix. Through Indo Count Global Inc. (ICG), a US affiliate, the purchase expands the company’s portfolio by adding an annual capacity of 8 million pillows. This action comes after […]

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Bangladesh’s cotton consumption forecast revised upwards for 2024-25

Apparel Resources News-Desk — Mon, 14 Oct 2024 11:57:07 +0000

The US Department of Agriculture (USDA) has predicted that Bangladesh’s cotton consumption for the August-starting marketing year 2024–25 will increase marginally to 78 lakh bales. This represents a change from previous projections that estimated consumption at 80 lakh bales. The USDA raised its projection upward after initially projecting a higher rate in April and then […]

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Meghna Group and Tam Hangers launch sustainable hanger production in Bangladesh

Apparel Resources News-Desk — Mon, 14 Oct 2024 11:44:55 +0000

Tam Hangers Bangladesh Limited, which produces plastic clothing hangers for export, was established by Meghna Group in collaboration with Tam Hangers of Turkey. The new plant, which has 16 machines and can create 30,000 hangers each day, is situated in Mirzapur, Tangail, and it recently started trial production. Meghna Group controls 49 per cent of […]

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Madhya Pradesh CM inaugurates Pratibha Syntex Industrial Unit near Ujjain

Apparel Resources News-Desk — Mon, 14 Oct 2024 07:28:03 +0000

Madhya Pradesh Chief Minister Dr. Mohan Yadav recently inaugurated the Pratibha Syntex Industrial Unit in Ninora village, near Ujjain, on Sunday, 13th October. With a Rs. 355 crore investment, this new facility would be dedicated to large-scale garment manufacturing, creating thousands of jobs. This unit employs more than 70% women, in line with the state’s […]

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India’s textile industry expected to reach US $ 350 billion by 2030, says Textiles Ministry

Apparel Resources News-Desk — Fri, 11 Oct 2024 06:57:20 +0000

The Textiles Ministry has stated that over US $ 1.07 billion in investment is anticipated to flow through the PM Mega Integrated Textile Region and Apparel (PM MITRA) Park and Production Linked Incentive (PLI) plan in the next three to five years, with the country’s textiles sector likely to reach US $ 350 billion by […]

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Denim mills gear up for comeback after last year’s setback

Dheeraj Sharma — Thu, 10 Oct 2024 06:10:50 +0000

Despite being a key player in the global market, India’s denim industry has recently been bogged down by challenges such as fluctuating demand, supply chain issues and market volatility. These challenges are reflected in the balance sheet of several major denim players as they witness revenue decline in FY ‘24. For example, Arvind Ltd., a […]

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Gas crisis continues to plague Bangladesh’s RMG industries

Apparel Resources News-Desk — Wed, 09 Oct 2024 10:32:26 +0000

After repairs to a broken floating storage regasification unit (FSRU), the government promised improved supply by mid-July, but the ready-made garment (RMG) sector in Bangladesh is still experiencing gas shortages. According to business owners, the catastrophic state of the gas supply is still present as of October, and it is negatively affecting industry production and […]

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ECNEC approves Taka 243.81 billion Matarbari Port project to boost economic development

Apparel Resources News-Desk — Tue, 08 Oct 2024 12:09:43 +0000

The economic policy board of the interim government has chosen Japan to be the builder of the much-anticipated Matarbari deep-sea port project, marking a significant step forward in promoting economic development. This decision is meant to guarantee superior work considering the current geopolitical unrest. Planning Adviser Professor Wahiduddin Mahmud announced a meeting of the Executive […]

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Telangana Government establishing yarn depot at Vemulawada

Apparel Resources News-Desk — Tue, 08 Oct 2024 07:19:07 +0000

In the Rajanna Sircilla District of Vemulawada, the Telangana Government has decided to establish a yarn depot. In order to establish a yarn depot for the power loom industry, the Commissioner of Handlooms & Textiles and Apparel Export Parks in Hyderabad has asked the Government to take the proposal under consideration, issue the necessary orders, […]

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Western buyers divert RMG orders as unrest disrupts production in Bangladesh

Apparel Resources News-Desk — Mon, 07 Oct 2024 16:52:53 +0000

Bangladesh’s ready-made garment (RMG) industry is facing a significant crisis as a result of persistent worker unrest that interrupts production, cancels orders, and drives business to rival nations. According to Labour and Employment Advisor Asif Mahmud Shojib Bhuiyan, recent data shows that between 15 and 20 per cent of garment orders have been cancelled. The […]

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RMG workers return to duty in Gazipur as additional security measures implemented

Apparel Resources News-Desk — Mon, 07 Oct 2024 16:32:15 +0000

On Sunday morning, 6th October, the majority of Gazipur’s textile factories reopened, and employees resumed their jobs in a calm environment with tighter security. Additional police officers, the army, and the Border Guard Bangladesh (BGB) have been sent to patrol the district in reaction to the recent disturbance. Industrial police claim that eight factories in […]

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Sub-Committee to tackle challenges in Bangladesh’s leather sector

Apparel Resources News-Desk — Mon, 07 Oct 2024 13:37:53 +0000

The fast establishment of a subcommittee is planned to tackle urgent problems in Bangladesh’s leather industry, with an emphasis on increasing export revenue. Following a meeting with commerce and finance experts at the finance ministry, Mohiuddin Ahmed Mahin, Chairman of the Bangladesh Finished Leather, Leathergoods, and Footwear Exporters’ Association, made this announcement. Mohiuddin announced […]

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Indore garment manufacturers see festive boost in orders

Apparel Resources News-Desk — Mon, 07 Oct 2024 12:17:46 +0000

Despite high packing costs cutting into local manufacturers’ margins, the Indore garment sector, which is home to around 1,500 small-scale readymade garment manufacturers, has accelerated dispatches amid a spike in orders over the festive season. The garment industry’s busiest time of year, which accounts for around 60 per cent of total sales, is during the […]

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Sircilla Textile Park halts operations amid financial struggles

Apparel Resources News-Desk — Mon, 07 Oct 2024 11:04:37 +0000

The Sircilla Textile Park in Telangana has ceased operations, leaving around 1,000 workers unemployed. As of Sunday, 6th October, 70 units within the park stopped manufacturing due to mounting financial pressures. Unit owners cited their inability to pay power dues, lack of marketing facilities, and insufficient Government support as key reasons for the shutdown. Annaldas […]

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Leather accessories manufacturers witnessing increased orders

Apparel Resources News-Desk — Mon, 07 Oct 2024 07:47:11 +0000

Among global uncertainties and changing geopolitical scenarios, a few Kanpur-based exporters of leather products have witnessed an almost 8-10 per cent growth in the orders that are under production and are also optimistic about the coming season as well. Kanpur is one of the leading Indian hubs for exports of leather-based products. Along with the […]

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