• India’s cotton production seen at 29.3 mln bales
      Post estimates cotton production at 29.3 million 480-lb bales in India’s marketing year (MY) 2020/21 on an area of 13.3 million hectares. India’s cotton prices have improved due to strong export demand for raw cotton and cotton yarn. Farmers continue to deliver their crop t
      Jan 18, 2021
    • 5G + Industrial Internet: A new way to reduce cost and increase efficiency in textile industry
      The application of 5G+ industrial Internet technology has become an important means for the textile industry to realize digital transformation. With the continuous acceleration of 5G commercialization, in order to seize the new opportunities of 5G development, Jiangxi Provin
      Jan 14, 2021
    • 7 textile dyeing and printing companies invest 1 billion in Guangxi
      On January 1, 2021, Fumian District, Yulin, Guangxi, held a signing ceremony for the project of the Eco-Textile and Apparel Industrial Park. 7 companies signed contracts with a cumulative investment of 1 billion yuan and officially settled in Yulin (Fumian) Ecological Textile and Apparel I
      Jan 14, 2021
    • EU, China agree for Comprehensive Investment Agreement
      The European Union (EU) and China agreed in principle to the EU-China Comprehensive Investment Agreement (CAI) that was tentatively approved on December 30, 2020. It will be the most ambitious agreement that China has ever concluded with a third country and will ensure that EU investors ac
      Jan 14, 2021
    • Brazil’s cotton exports hit a record high in 2020
      In 2020, Brazil’s cotton export volume and export revenue hit a record high. The export volume of cotton was 2.1 million tons, and the foreign exchange earned from exports was USD 3.2 billion. Major buyers include China, Vietnam, Pakistan, and Turkey.
      Jan 14, 2021
    • UK high street fashion brands get a boost with £830 million package
      The British government has announced an £830 million package for high street fashion brands to help them recover from the pandemic. “2021 will be an immense one for the high street brands as it pursues to recover, adapt and change as a result of the pandemic, the boost package wi
      Jan 14, 2021
     
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