1. The Turkish home
textile industry is the world’s fourth-largest supplier and the
EU’s second largest supplier. In 2017, the total exports of home
textile are recorded as US$ 3.6 billion out of US$ 25 billion of
their apparels & RMG, according to Turkey Economy Ministry.
Apparel Export Promotion Council (AEPC) welcomed the GST
Council's decision to allow input tax credit refund, a
long-pending demand of the textile industry, and thanked Union
Textiles Minister Smriti Irani for taking up the issue.
T&C exports in 2017-18 (July-June) perceived a growth of 8.9%
totalling to US$ 32.87 billion over the previous fiscal for the
same period. The growth was led by apparel exports, which
account 93% of total T&C exports of the country.
garment and textile sector happened to be the country’s second
largest export earner last year after increasing by 17% to US$
27.5 billion. Yet, the sector relied heavily on imported raw
materials, said Vo Tan Thanh, Director of VCCI’s HCM City
5. A survey of
34 executives from leading US fashion companies last year found
that, for the first time, fewer US brands were looking to China
for products, even though the country remains the top sourcing
destination for the industry worldwide.
so-called first Islamic fashion school is teaching students in
the world’s largest Muslim-majority country the usual skills of
design, styling, and marketing. However, they are teaching many
designs, which are not related to the Islamic faith that does
not give permission to go outside a woman without proper cover
maintaining Islamic rules.
agreements have been signed between Uzbekistan and Germany that
will expand their bilateral cooperation and will help boost
their exports of finished textile products to the European
appeared as a key supplier of cotton yarn to Turkey. The volume
of Turkish cotton yarn imports totalled 178 thousand tonnes in
2017, expanding by 25% over the last year. In value terms,
imports increased by 20% to US$ 509 million.