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India keen on ‘constructive engagement’ with US at WTO

With hopes that trade ties with the US will improve, India is eagerly waiting for the upcoming meetings with that country’s representatives at the WTO, which is slated for May 11 and 12. Hoping that the United States will “constructively engage” with India in addressing its “concerns regarding the recent US measures which impair the ability of both US-based Indian companies and Indian professionals to supply services in the US”, the government has expressed its […]

May 10, 2016

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Concentrate on ‘growing’ Asian market: ITMF DG to Bangladesh

With India and China’s combined retail value of textile and garment consumption expected to touch US$750 billion by 2020 from the current US$300 billion (approximately), Swiss textile expert and Director General of Switzerland-based International Textile Manufacturers Federation (ITMF) Christian P Schindler called on the garment manufacturers in Bangladesh to focus on the growing Asian market. Also Read – Growing Affluence of Chinese Shoppers Creating Opportunities to tap China Market Speaking at an event to discuss the […]

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India keen to develop Payra Port: Indian Shipping Minister

India is all set to develop the Payra Port in Patuakhali district of Bangladesh, and is expected to soon send a high-level committee to the country in this regard. This was stated by India’s Road Transport and Shipping Minister Nitin Gadkari recently, who went on to add that India has taken preliminary steps already to construct a deep water port at Payra. Also Read – Bangladesh’s Payra Port to start operations by next month “We […]

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H&M releases Sustainability Report 2015

Swedish clothing retailer H&M has released its Conscious Actions Sustainability Report 2015, citing its key initiatives that it claims and also expects would make a difference in the way the fashion industry runs. From providing sustainably sourced materials for making clothing for its ethically conscious customers to choosing and rewarding responsible supplier partners, from implementing environment-friendly methods of manufacturing and chemicals to promoting 100 per cent recyclability of garments, from labour rights to safe working environments, […]

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Coastal Shipping Agreement: MV Horbour-1 returning to Bangladesh with cotton

After the successful completion of the first leg of journey from Bangladesh to India, Bangladeshi container vessel MV Horbour-1 has recently set sail from Krishnapatnam Port (India) for Chittagong (Bangladesh), carrying cotton, as part of the Coastal Shipping Agreement. Bangladesh Shipping Minister Shajahan Khan earlier launched the shipping service between the two countries at a ceremony at the New Mooring Container Terminal of Chittagong Port, Bangladesh. Also Read – Bangladeshi vessel sets sail for India as […]

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Bangladeshi vessel sets sail for India as part of Coastal Shipping Agreement

Taking forward the Coastal Shipping Agreement signed during Indian Prime Minister Narendra Modi’s Bangladesh visit in 2015, Bangladesh Shipping Minister Shajahan Khan recently launched the shipping service between Bangladesh and India, at a ceremony at the New Mooring Container Terminal of Chittagong Port. Also Read – Bangladesh-Myanmar shipping line from March As part of its service, MV Horbour-1, the first Bangladeshi container vessel to receive permission from the shipping departments of both the countries, has […]

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India, Vietnam pleased with textile trade; target better ties

Both India and Vietnam have agreed that the two countries have made significant progress in textile and garment trade last year. Clearly pleased with the improvement in trade ties with India in this sector, Vietnam’s Deputy Minister of Industry and Trade Do Thang Hai, who was attending the third meeting of Vietnam-India Joint Sub-Commission on Trade in New Delhi on March 15, stated that bilateral cooperation has seen notable progress since the previous meeting of […]

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Bangladesh’s cotton import from India rises by 36% in 2015

According to the Bangladesh Textile Mills Association (BTMA), Bangladesh’s cotton imports from India in 2015 increased by 36 per cent year-on-year to 2.99 million bales, which was reportedly 37 per cent of that year’s total cotton import of 5.91 million bales by the country. Also Read – ICA offers support to Bangladesh cotton traders Dwelling on the increased cotton imports from India, President of BTMA Tapan Chowdhury underlined, “Due to higher quality, lower prices and […]

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India’s EXIM Bank to open office in Dhaka

The Export Import (EXIM) Bank of India is all set to open its Dhaka office and embark on new cooperation with Bangladesh soon. This was stated by the bank’s Chairman and Managing Director Yaduvendra Mathurin Dhaka recently. Also Read – Alliance and IFC Join Forces for US $ 50 million Credit Facility for financing factory CAPs “This will be our first office in any of the SAARC countries,” Mathur reportedly said, adding, “The move would […]

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India opens US$ 2 bn Line of Credit to Bangladesh

Development projects in Bangladesh, including the economic zones, are all set to get a booster after Bangladesh signed an agreement with EXIM Bank of India for US $2 billion in low-cost loans for over a dozen social and development projects, recently. Also Read –  Alliance and IFC Join Forces for US $ 50 million Credit Facility for financing factory CAPs Senior Secretary of the Economic Relations Division Mohammad Mejbahuddin and Chairman of Exim Bank of […]

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MAS’s Women Go Beyond benchmark for apparel industry

MAS manufacturing facilities have set and maintained a benchmark in terms of productivity, quality and overall best practices. And that includes how they reward their women workforce for their role in their initiatives. Forty two empowered women from MAS manufacturing facilities across Sri Lanka, India and Bangladesh, were awarded out of its 72,000-strong workforce, their achievements being evaluated by a panel of eminent personalities, representing areas that include personal development, career guidance and entrepreneurship. MAS’ […]

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New Indo-Bangla land port to promote bilateral trade

With an aim to facilitating bilateral trade and ease people’s movement across the border, Bangladesh and India have opened a new land port, connecting Banglabandha and Phulbari, which is the 28th land port on an approximately 4,100-km-long Indo-Bangla border. Also Read – Indo-Bangla bonding over apparel business… India’s State Minister for External Affairs V K Singh, along with Home Minister of Bangladesh Asaduzzaman Khan Kamal, inaugurated the new land port recently. Throwing open the new […]

February 22, 2016

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Shorter but crisper OGTC Conference focuses on ‘Competitive Innovation’

The 11th edition of the OGTC annual conference ICAHT saw some major changeovers with the conference being reduced from two days to a single day, which included the common sessions on key topics, followed by focused workshops on other key issues within the larger theme of ‘Competitive Innovation – How to do it Better’. The formal inauguration, fashion show and OGTC Path Breaker award were also done away with. Many of the participants appreciated the […]

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Will India be able to produce, use more of polyester!

In Zara stores, 70 per cent of the products are synthetic-based. Be it Indian apparel export or domestic market or global apparel business, use of polyester is increasing but not up to the scale or level of opportunities available. Countries like Indonesia, Thailand, Korea and even Taiwan are far ahead of India in producing polyester while Vietnam is exporting synthetic-based apparels much more than India. Though the solution for this situation is yet not clearly […]

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Survival is impossible without Government support

Most of the time Apparel Online discusses companies that are growing despite difficult situation with their different strategies, niche products or other such specialties to motivate and create examples to be emulated, but it cannot be ignored that a major part of the industry is struggling or just managing to survive, especially small and medium level companies. To overlook their issues is a disregard to a large section of the industry. Recently Apparel Online had […]

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