The following is a round-up of apparel and footwear news from the world’s local media.
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As part of plans for Vietnam’s Ho Chi Minh City to become the country’s future garment, textile material and accessory hub, new centres for fashion design and textile material trading centres are to built across the city. According to municipal authorities in the country, Ho Chi Minh City aims to supply between 80% and 90% of Vietnam’s demand for garments and textiles by 2020, and to supply 100% of its accessories. However, Ho Chi Minh City will not establish large-scale garment and textile industrial parks as existing ones can accommodate all relevant enterprises, according to the municipal Department of Industry and Trade. XINHUANET
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Security forces in Bangladesh have arrested a garment factory owner for his alleged link with a banned Islamist group blamed for a number of terrorist attacks in the country, police said on Sunday (11 June). The Rapid Action Battalion says Imran Ahmed, managing director of Jim Tex, was accused of funding and supplying weapons to a faction of the Jamaatul Mujahideen Bangladesh. NEWS NEXT BD.COM
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India’s new textile policy is likely to be finalised in the next three months, a senior official has said. The policy aims to achieve US$300bn worth of textile exports by 2024-25 and create an additional 35m jobs. “After consultation is done with stakeholders we have finalised the draft. We are now trying to incorporate international response and output from foreign players at the forthcoming Textiles India-2017 conference, which will serve as input to our textile policy,” said Textiles Secretary, Anant Kumar Singh. ECONOMIC TIMES INDIA
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The World Bank has approved an investment for India’s Sringar Silk Factory. The support will enable the Corporation to upgrade the current infrastructure for increasing silk manufacturing capacity from 12,000 metres to around 5 lakh metres annually. GREATER KASHMIR
just-style has not checked these stories so cannot guarantee their accuracy.
