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The Indian government has marginally increased duty drawback rates for several textile items, applicable for the year 2018-19. However, there is a marginal decrease in the duty drawback rates of apparel items. Fibre2Fashion takes reactions from few textile-apparel bodies.
The United States-Mexico-Canada Agreement (USMCA), the revised version of the North American Free Trade Agreement (NAFTA), was signed recently on the sidelines of the G20 Summit in Buenos Aires. Fibre2Fashion lists reactions from three US trade bodies.
Handloom weaving is gaining currency as focus is increasingly shifting to 'zero-effect' on environment. Fibre2Fashion spoke to few handlloom-handmade organisations to find out how they produce without harming the environment.
Despite unavailability of raw materials domestically, Sri Lankan apparel industry has been performing well, backed by high quality manufacturing. Fibre2Fashion spoke to few companies in the island nation to find out how they have succeeded.
The question of staff shortage as well as skilled resources keeps cropping up in the Indian textiles industry. Fibre2Fashion spoke to representatives of few textile bodies from South India on the issue.
The Government of India has doubled import duty on 328 textile products to 20 per cent from the earlier 10 per cent under Section 159 of the Customs Act, 1962. Fibre2Fashion spoke to a segment of the industry about the likely impact of the government's decision.
The acquisition of Indian e-commerce biggie Flipkart by an even bigger American retail giant Walmart has had all observers and stakeholders discussing possibilities and futures. Industry insiders tell Fibre2Fashion what they feel about the deal.
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