India
India Offers Myanmar $5 Million to Revive Apparel Factories
India’s Union Minister of Commerce, Industry and Textiles has offered Myanmar a $5 million line of credit…
India’s Retail Grows A Staggering 20 Percent Yearly But Permits and Bribery Are the Price of Growth
The cost of doing business in India's booming retail market may require some off-the-books transactions....
India and Iran to Barter Textiles For Oil
Iran and India agreed to trade Iranian oil for Indian textile machinery, the Mehr News Agency reported…
Indian Reverse-Sourcing to Create U.S. Factory Jobs
We’re used to outsourced labor from the U.S. to India, but later this year, Indian textilers Alok…
Cotton Production Will Drop, But Still Exceed Consumption
The U.S. Department of Agriculture (USDA) has made its first cotton forecast for 2013-2014.....
Price Soars for India’s Cotton Yarn; Spinners Suffer As Orders Decline
In the wake of India's costlier cotton yarns, bargain-hunting end users have gone elsewhere for sources…
Indian Business Leaders Will Hire More, Raise Wages in 2013
The majority of Indian businesses--73%--plan to increase hiring and add new employees in the next twelve…
Indian Leader Calls for Yarn Price Controls
Ramagopalan, the leader of the Indian religious and cultural organization Hindu Munnani, has reached out to…
US and Europe Drag Down India’s Garment Exports
Thanks to a major slowdown in demand from the US and Europe, India's government now expects a decline of…
Chinese Yuan Hits 19-Year Peak
China's yuan leapt to a 19-year high on Friday as the Chinese Central Bank raised its daily reference rate…
China Withdraws from Pakistan, Takes Cotton Order to India
Pakistani cotton exporters are losing major Chinese business to Indian mills, according to...
Major Indian Cotton Growers Stunted by Lack of Mills
Though India’s Vidarbha region produces approximately 6.2 metric tons, or 25% of the country’s cotton each…