The International Monetary Fund’s (IMF) latest World Economic Outlook underlines the extent of the dislocation in economic activities across the world due to the COVID-19 pandemic. At the aggregate level, the Fund expects the global economy to contract by 4.4 per cent in 2020, with sharp d
According to foreign news on October 14, trade organizations and government agencies stated that India’s cotton exports this year may increase by 20 - 30% due to increased global demand, especially from China, Bangladesh, Vietnam and Indonesia.
Atul Ganatra, president of the
The General Administration of Customs, P. R. China released the data of national trade in goods from January to September 2020 on October 13. In the first three quarters of this year, textile and apparel exports achieved rapid growth, with the growth rate exceeding the national trade in go
The global economy and competitive landscape are undergoing profound changes, and technological development is promoting new revolutionary breakthroughs in manufacturing. Advanced functional fibers have become one of the hotspots in the development of the global manufacturing industry, as
The problems facing this industry have gone mainstream.
A quick survey across the September issues, typically fashion-focused editions pointing to the “in” silhouette or the hottest trends, quickly brought a different picture to light. The American Vogue cover was titled, “
From 2014 - 2019, EU’s consumption of nonwoven fabrics recorded a relatively flat trend. The market attained maximum consumption level of $7.6 billion in 2018, before declining slightly in 2019. The figure reflects total revenues achieved by producers and importers excluding their logistic