Amid a fast increasing import of garments made of Chinese fabrics from Bangladesh, the Indian textiles industry is seeking "tweaking of South Asian Free Trade Area (SAFTA) rules of origin" to make use of yarn and fabrics of Indian origin mandatory for exporting apparel to India, an official said on Tuesday.
Read More »Vietnam leads US apparel import growth
U.S. apparel imports were virtually flat in 2017 as retailers and brands continued to tighten inventory levels amid stable sales but lower average prices. Vietnam, Mexico and India gained a bigger piece of the U.S. import pie, taking share from China and, to a lesser extent, Bangladesh, Indonesia and Honduras.
Read More »