To bring systemic, positive change to the textile value chain in Bangladesh, IFC's Partnership for Cleaner Textile (PaCT) program has catalyzed transformative change over the last 10 years, contributing to the sector's competitiveness and environmental sustainability.
2024
The Gujarat Chamber of Commerce & Industry (GCCI) is organising the Textile Leadership Conclave 2024, which will take place on June 15, 2024, at Golden Glory Hall, Karnavati Club, Ahmedabad, India. Textile leaders from various companies will share their success journey at the 1-day conclave. Fibre2Fashion is the media partner of the event.
On May 24, the European Council gave its final approval to the Corporate Sustainability Due Diligence Directive (CSDDD). The CSDDD creates legal liability for companies that fail to respect certain social and environmental standards. Coupled with the reporting requirements in the Corporate Sustainability Reporting Directive (CSRD), companies in the European Union are facing stricter legal accountability for human rights than ever before.
Less than one percent of global clothing waste is recycled. German Development Minister Schulze calls for a new mindset.
The largest man-made fabric (MMF) hub in the country is grappling with increasing competition from China, as fabric exports from the Chinese textile industry to India surged by 8.79% in the first quarter of 2024.
Turkiye's PMI dropped to 48.4 in May 2024, signalling a modest slowdown in manufacturing, the most pronounced decline this year. New orders and export orders eased, linked to high prices and weak demand. Production and staffing levels fell, with capacity limits cited. Inflationary pressures eased, with input costs rising at a slower rate.
Over 450 textile and RMG factories in Bangladesh under IFC-led programme 'Partnership for Cleaner Textile' reduced freshwater consumption by 35 billion litres and cut wastewater discharge by 29 billion litres annually. As per IFC, freshwater saved through reduced consumption under the initiative could meet annual water need of over 1.9 million people.
The Indian Texpreneurs Federation (ITF) has appealed to the Central and State governments to come out with schemes that will support investments in ready-to-cut fabric production systems.
Environmental challenges have human impacts, and human challenges have environmental impacts. The evolution of this understanding culminated in 2022 when the United Nation’s General Assembly declared access to a clean and healthy environment to be a universal human right. The escalating climate crisis illustrates with frightening urgency how our societal failure to recognise and respect this right is impacting workers.
Despite it still being the first half of the year, fashion has already experienced its fair share of turbulence. As brands and retailers continue to grapple with extended disruptions in their supply chains, and as shipping companies continue to divert around the Suez Canal to avoid conflict, it’s becoming clear that 2024 did not start from a position of upstream stability in a pure logistical sense.
On 5-6 June, IndustriALL Asia-Pacific affiliates met in Phnom Penh, Cambodia, for a workshop on human rights due diligence and a stakeholder roundtable focused on responsible business conduct and industrial relations.
A skill development training programme in textiles is proposed under the Textiles department through the Tamil Nadu Skill Development Corporation. Given the prominence of the textile industry in the economy and its capacity for employment generation, a special programme to equip youth with industry-relevant skills in various aspects of textile manufacturing and production has been proposed.
The All Pakistan Textile Mills Association (APTMA) has voiced severe concerns regarding the FY25 budget proposed by the government.
India's textile exports grew by 9.59 per cent in May this year compared to the same month of the previous year, despite unfavourable economic conditions.
Intensified competition with China and weakened external demand hit Pakistan’s textile sector, which remained at the receiving end during the outgoing fiscal year, albeit its contraction was lower.
Less than one percent of global clothing waste is recycled. German Development Minister Schulze calls for a new mindset.
Sustainability solutions provider Bluesign and the Sustainable Chemistry for the Textile Industry (SCTI) have donated their joint Sustainable Chemistry Index (SCI) methodology to the ZDHC Foundation to advance sustainable chemistry within the fashion and textile industry.
At Polygiene, we believe innovation and technological development are of the utmost importance if we are to create a better world. We want the textile industry to become more sustainable and environmentally friendly. But we also want it to thrive. Crucially, technology enables the technology sector to do both.
Green technology pilot for Vietnamese textile and garment exporters were showcased at the Demo Day in Hanoi on June 17 as part of the German government’s initiative to support Vietnamese businesses in their green transition.
Indonesia's textile and textile products industry is finding it tough to attract investment, primarily due to unclear and inconsistent regulations, according to the Indonesian Fibre and Filament Yarn Producers Association. Industry minister Agus Gumiwang Kartasasmita feels the perception of the domestic textile sector being a sunset industry must be broken.