Textile Briefs International


1. Bangladesh, the second largest ready-made garment exporter in the world, has taken a leading position in sustainable green industrialization with the world’s several top-ranked Green factories.

2. The Indonesian government fix targets to increase the nation's value of exported textiles and garments to US$ $75 billion by the year 2030, implying that this industry would contribute around 5% to global exports.

3. The technical textile industry in India has the potential to grow at a rate of 15% to 20% annually to touch US$ 30 billion over the next five years. Despite the huge potential, the investment in technical textiles sector has not gained much momentum in the past.

4. According to the U.S. Green Building Council (USGBC), Bangladesh’s RMG sector now has 67 Leadership in Energy and Environmental Design (LEED) green factories. Among them 13 are LEED Platinum rated while more than 280 garment factories in Bangladesh would get the LEED certification soon.

5. The Indonesia Textile Association once released an estimate that Indonesia could boost its market share in the world’s textile market to 5% by 2030. Indonesia’s share is now estimated at around 1.8%. By that reckoning, textile exports from Indonesia would reach a value of around US$ 75 billion by 2030.

6. According to the BTMA during 2014 to 2018 period, Bangladesh textile manufacturers have invested Tk6,900 crore in the primary textile sector to meet the demands of fabrics and yarn.

7. Exports of Egyptian cotton grew by 181.6% from December to February this year. The Egyptian government has appointed an official steering committee to safeguard the future of the Egyptian cotton brand.

8. Indian products attract 3.5% (yarn), 10% (fabric), and 14% (made-ups) duty in China, while Vietnam, Cambodia, Pakistan, and Indonesia enjoy duty-free access to the Chinese market.

9. 0Chairman of the Indonesian Textile Association of West Java (API Jabar) Ade Sudrajat said the global demand to increase exports of textiles and textile products increased 5% in 2017 and increased 8% in 2018. The current target is to meet domestic needs up to 100% and to reach the export value of US$30 billion.

1. Bangladesh’s export earnings from the apparel sector in the FY 2020-21 would be US$ 11 billion less from the US$ 50 billion target set by the government. The estimate shows that the earnings from RMG in the FY21 would be US$ 38.73 billion, against US$50 billion targets.

 

 
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