Several measures have been taken by Government to promote export of Indian textile. Some of the important measures are outlined below: i. Government launched special package of Rs. 6000 crores for Textile and Apparel sector in June, 2016 to boost employment and export potential in apparel and made-ups segments. Package also consisted of the Remission of State Levies (RoSL) scheme till 06.03.20219. ii. The RoSL scheme was replaced by Rebate of State and Central Taxes and Levies (RoSCTL) with effect from 07.03.2019 to 31.03.2020. iii. On January 14,2020, Rs. 600 crore was allocated for issuing scrips for special onetime ad-hoc incentive of up to 1% of FoB value provided for exports of apparel and made-ups to offset the difference between RoSCTL&RoSL + Merchandise Exports from India Scheme (MEIS) @ 4% from 17.03.2019 to 31.12.2019. iv. On July 14, 2021, Government has decided to continue RoSCTL Scheme till 31.03.2024. Government is implementing various schemes such as Amended Technology Upgradation Scheme(ATUF), National Handloom Development Programme(NHDP), National Handicraft Development Programme, Comprehensive Powerloom Cluster Development Scheme, Silk Samagra, SAMARTH- Scheme for Capacity Building in Textiles Sector, Technical Textiles etc. for overall development and promotion of domestic manufacturing and exports in textile sector in the country. Further, in order to ensure adequate availability of raw material at competitive price in the country, Government has removed anti-dumping duty on Purified Terephthalic Acid (PTA) (a key raw material for the manufacture of MMF fibre and yarn) originating in or exported from the People's Republic of China, Iran, Indonesia, Malaysia, Taiwan, Korea R P and Thailand to India and also removed anti-dumping duty on acrylic fibre (raw material for acrylic yarn and knitwear industry) originated in or exported from Thailand to India. This information was given in a written reply by the Minister of State for Textiles Smt. DarshanaJardosh in Lok Sabha today.
Source: PIB
With a view to catalyze technology upgradation and modernization in textile industry in the country to make it globally competitive, Ministry of Textiles is implementing Technology Upgradation Fund Scheme (TUFS) since 1999. The ongoing version of the scheme i.e. Amended TUFS (ATUFS) launched in January 2016 aims to augment investment, productivity, quality, employment, exports alongwith import substitution. One time capital investment subsidy (CIS) is provided under ATUFS for eligible investment on benchmark machinery. Rates of CIS provided to various segments along with ceiling under ATUFS is given in Annexure-I. The Government has approved Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) for all export goods excluding garments and made-ups with effect from 01.01.2021 to boost exports and for making them globally competitive. Under this scheme, embedded Central, State and local duties/taxes are refunded to the exporters. On 14.07.2021, the Government has decided to continue Rebate of State and Central Taxes and Levies (RoSCTL) Scheme w.e.f 01.01.2021 till 31.03.2024 for textile exporters of Apparel/Garments (Chapters-61 & 62) and Made-ups (Chapter-63) in exclusion from RoDTEP scheme for these chapters.
Annexure-I
S.No. Segment Rate of CIS
1. Garmenting, Technical Textiles 15% subject to an upper limit
of Rs 30 crores
2. Weaving for brand new Shuttle-less Looms 10% subject to an upper limit
(including weaving preparatory and knitting), of Rs 20 crores
Processing, Jute, Silk and Handloom.
3(a) Composite unit /Multiple Segments - If the 15% subject to an upper limit
eligible capital investment in respect of of Rs 30 crores
Garmenting and Technical Textiles category is
more than 50% of the eligible project cost.
3(b) Composite unit/ Multiple Segments - If the 10% subject to an upper limit of
eligible capital investment in respect of Rs 20 crores
Garmenting and Technical Textiles category is
less than 50% of the eligible project cost.
This information was given in a written reply by the Minister of State for Textiles Smt. Darshana Jardosh in Lok Sabha today
Source: PIB
"Ministry of Textiles is in the process of obtaining approval of the Cabinet for the proposed scheme. Once, the proposed scheme is approved and modalities are finalized, the details of location, government funding structure etc. will be decided," she said in a written reply to the Lok Sabha The textile ministry is in the process of obtaining approval of the Union Cabinet for the proposed Mega Investment Textiles Parks (MITRA) scheme, under which seven such parks will be set up in the country over the next three years, Parliament was informed on Friday. Minister of State for Textiles Darshana Jardosh said the scheme was announced in Union Budget 2021-22. "Ministry of Textiles is in the process of obtaining approval of the Cabinet for the proposed scheme. Once, the proposed scheme is approved and modalities are finalized, the details of location, government funding structure etc. will be decided," she said in a written reply to the Lok Sabha. In a separate reply, the minister said during the pandemic, CCI (Cotton Corporation of India) procured 20.72 lakh bales valuing Rs 5,615 crore from 4 lakh cotton farmers. However, during the entire cotton season 2019-20, CCI made a record procurement of 105.15 lakh bales (equivalent to around 546.80 lakh quintal kapas) and an amount of Rs 28,500 crore was disbursed to around 21.50 lakh cotton farmers directly into their bank accounts, she said. "During current cotton season 2020-21 (October 1, 2020 to September 30, 2021), CCI opened more than 450 procurement centres in all cotton growing state. CCI continued its procurement of cotton under MSP operations since beginning of season to avoid the eventuality of distress sale by farmers and has procured 91.89 lakh bales so far (equivalent to around 482 lakh quintal kapas)," Jardosh said. CCI disbursed an amount of Rs 26,700 crore to around 19 lakh cotton farmers, she added.
Source: Economic Times
Government of India has taken several steps to improve the quality standards of products manufactured under the AatmaNirbhar Bharat Campaign. These inter alia include:
The steps taken by Government to uplift the startups and to promote ‘vocal for local’ campaign are as under:
The steps taken by Government to help startups and other local manufacturers in using the e- Commerce and online platforms are as under:
This information was given by the Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash, in a written reply in the Rajya Sabha today.
Source: PIB
Yarn Supply Scheme (YSS) is being implemented throughout the country through National Handloom Development Corporation to make available all types of yarn at Mill Gate Price. Under the Scheme, freight charges are reimbursed for all types of yarn and component of 10% price subsidy also exists on hank yarn, which is available for cotton, domestic silk, wool and linen yarn with quantity caps. As per the 3rd party Evaluation study of the implementation of Yarn Supply Scheme:
Source: PIB
The government on Friday said inter-ministerial consultations are being held to finalise the national e-commerce policy, a move aimed at promoting growth of the sector. In a written reply to the Rajya Sabha, Minister of State for Commerce and Industry Som Parkash said a draft of national e-commerce policy has been prepared after detailed public consultations and valuable suggestions have been received from many stakeholders. "Inter-ministerial consultations are being held to finalise the national e-commerce policy," he said. In another reply on special economic zones, he said a total of 336 units exited during the past three years and the reason for such winding of operations includes variations in international market conditions, slowdown of orders, merger of units, and the COVID-19 pandemic. However, these zones have touched new heights in terms of performance in exports, investment and employment, the minister added. "Exports of Rs. 22,840 crore in 2005-06 has increased to Rs 7,59,524 crore in 2020- 21; investment of Rs 4,035.51 crore in 2005-06 has increased to Rs 6,17,499 crore (cumulative basis) by 2020-21 and employment provided to 1,34,704 persons in 2005-06 has increased to 23,58,136 persons (cumulative basis) in 2020-21," he said. He added that there is no provision to grant additional fiscal incentives at present. In a separate reply, Parkash said imports from Hong Kong have been on a declining trend in the past two years, and India''s imports from China have also been dipping for the past four years. "There is, thus, a combined drop in our imports from China and Hong Kong in 2019-20, and 2020-21, when compared with 2018-19," he said. Exports and imports during 2020- 21 from Hong Kong were USD 10.16 billion and USD 15.17 billion, respectively. India''s bilateral trade with Hong Kong has dipped to USD 25.33 billion in 2020-21 from USD 27.9 billion in the previous fiscal. Exports and imports during 2020-21 from China were USD 21.18 billion and USD 65.21 billion, respectively. India''s bilateral trade with China has increased to USD 86.4 billion in 2020-21 from USD 81.8 billion in the previous fiscal.
Source: Outlook India
Section 16 relates to rectification of a company name subject to various conditions, including that the government may direct changing a firm's name if it is identical with or too nearly resembles the name of an existing company. In case such a direction is issued, the same has to be implemented by the company concerned within three months. The government has amended the rules pertaining to incorporation of companies under the Companies Act, 2013 and the changes will come into effect from September 1. The corporate affairs ministry, which is implementing the Companies Act, 2013, has amended the Companies (Incorporation) Rules, 2014. In the rules, changes have been made with respect to allotment of a new name to an existing company under Section 16 ofthe Act. Section 16 relates to rectification of a company name subject to various conditions, including that the government may direct changing a firm's name if it is identical with or too nearly resembles the name of an existing company. In case such a direction is issued, the same has to be implemented by the company concerned within three months. Now, the ministry has put in place new rules wherein the tag of 'ORDNC' (Order of Regional Director Not Complied) would be attached to the name of the company that does not comply with the direction within the specified period. For such companies, the letters "ORDNC (which is an abbreviation of the words 'Order of Regional Director Not Complied'), the year of passing of the direction, the serial number and the existing Corporate Identity Number (CIN) of the company shall become the new name of the company without any further act or deed by the company," as per a notification. Further, the Registrar of Companies will accordingly make the entry of the new name in the register of companies and issue a fresh certificate of incorporation, it added. According to the ministry, once the company's name has been changed, then necessary steps should be taken to comply with Section 12 of the Act that pertains to registration of a firm. As per the new rules, 'ORDNC' should be "mentioned in brackets below the name of company, wherever its name is printed, affixed or engraved". In another notification, the ministry said provisions of Section 4 of the Act would come into force from September 1, 2021. Section 4 pertains to memorandum of companies. The notifications were issued on July 22. At the end of June, there were 13.7 lakh registered companies that were active in the country. Out of them, more than 17,200 new companies were set up during April to June this year.
Source: Economic Times
In various Special Economic Zones (SEZs) across the country, 1096 Nos. of units has been registered during the last three years. Total 336 numbers of units exited during the last three years. The reason of such winding of operations includes variations in International market conditions, Slowdown of orders, merger of units and COVID-19 pandemic etc. SEZs set up under SEZ law have largely or generally met their objectives. SEZs have touched new heights in terms of performance in Exports, Investment and Employment viz. Exports of Rs. 22,840 Crore in 2005-06 has increased to Rs. 7,59,524 Crore in 2020- 21; Investment of Rs. 4,035.51 Crore in 2005-06 has increased to Rs. 6,17,499 Crore (cumulative basis) by 2020-21 andEmployment provided to 1,34,704 persons in 2005-06 has increased to 23,58,136 persons (cumulative basis) in 2020-21. The fiscal concessions and duty benefits allowed to SEZs are inbuilt into the SEZ Act, 2005 and are consistent with the guidelines for setting up SEZs as the larger economic initiatives of the Government in general. However, there is no provision to grant additional fiscal incentives at present. This information was given by the Union Minister of Commerce and Industry, Shri Piyush Goyal, in a written reply in the Rajya Sabha today.
Source: PIB
Secretary, MSME Shri B.B. Swain has emphasized upon formulation of a future roadmap to accelerate growth of MSME sector post Covid-19 and a guide towards creating business environment for the benefit of MSMEs. Addressing the BRICS Nation’s vision of PostCovid Roadmap for ‘the growth accelerating sector’, he called for evaluating the extent of damage of the pandemic on MSMEs and covid response policies/programs of govt. for safeguarding MSMEs. Ministry of MSME has hosted BRICS MSME Roundtable which focused on BRICS Nation’s vision of Post-Covid Roadmap for ‘the growth accelerating sector’. The roundtable conference witnessed participation from the Government, private sector of all BRICS nations and there was also 200+ attendees from industry associations, MSME tool rooms, DIs etc. Deputy Managing Director- Export-Import Bank of India, and President- India SME Forum referred to Integration of MSMEs in Global and regional value chains; role of digitalization for MSMEs in post covid-19 scenario and govt. measures for their digital transformation; leveraging BRICS forum for accelerated development of MSMEs. This was followed by a series of presentations from the Government and private sector of BRICS Nations, scheduled in separate sessions, made by the concerned senior officials from the Government and private sector. The BRICS partners appreciated the activities planned by India, being timely and relevant in the current context and expressed their support for working together on the various initiatives proposed by India.
Source: PIB
Indian home textiles manufacturer Indo Count Industries Ltd has been recognised as one of the ‘top performer’ suppliers at the recently held Walmart’s Global Sourcing Sustainability Summit. Indo Count contributed towards Walmart’s Project Gigaton through initiatives like installation of solar plant and reduction in freshwater consumption via water recycling plant. Walmart launched Project Gigaton in 2017 aiming to inspire suppliers to reduce upstream and downstream (beyond-the-shelf) greenhouse gas (GHG) emissions from the global supply chain. Specifically, Project Gigaton’s goal is to reduce one billion metric tons, or one gigaton, of CO2 emissions from the global supply chains by 2030. Indo count is also supporting Walmart’s commitments on sustainable fibres, recyclable/sustainable packaging, and implementation of HIGG index. The company will continue to strive to help achieve Walmart’s goal of being a Regenerative Company, it said in a media release. Commenting on the illustrious achievement, Mohit Jain, executive vice-chairman of Indo Count Industries Ltd said, “At Indo Count, sustainability is a part of our core culture and we have adopted it in every action and activity of our organisation. Our strategic endeavours to drive business growth have always ensured reduced environmental footprint and positive social impact. We are honoured to be associated with Walmart to take our common vision of sustainable initiatives forward.”
Source: Fibre2 Fashion
As exports formed a key component of local economic development, maintaining production chains was crucial for Vietnam. In the first six months of the year, exports increased by 29 per cent and orders were rising thanks to the recoveries of the US and China markets, as well as tax incentives from the EU due to the EVFTA agreement, said Nguyen Xuan Thanh, manager of the Fulbright Economics Teaching Programme. Thanh took part in an online conference hosted by e-newspaper cafef.vn yesterday with other experts to discuss solutions for the economy in the ongoing fourth wave of the pandemic. “The remarkable increase is due to the demand for Vietnam's exports from major markets,” he said. Thanh said Vietnam was benefitting thanks to the continuing punitive tariffs on China from the Biden administration, whose economic stimulus packages increased the country's purchasing power, especially for goods such as office equipment, furniture, textiles and shoes. He added though the EU market was still weak, the EVFTA has come into effect, helping Vietnam's seafood, textile and footwear products to the EU to enjoy preferential treatment, helping increase exports to the EU. Seeing the opportunities, especially in the context that big competitors like India and Indonesia were in a very complicated situation, Thanh said: “If we successfully control the pandemic in the third quarter, and business activities return to normal, it will be different immediately.” He said the current growth driver was industrial production for export, so “it is important for workers in large industrial zones to remain safe.” He added: “It is also necessary to ensure the production of essential goods for the domestic market, and to ensure that the supply chain is not interrupted.” Do Quynh Chi, of the Research Centre for Employment Relations, told the conference that though there were lots of orders for seasonal goods such as fashion products like shoes and clothes, they required very strict delivery time or would incur penalties, adding that: “It is very difficult for many producers to complete orders to deliver to customers on time.” Chi appreciated factories in Bac Giang and Bac Ninh for their positive control of the pandemic and said producers should negotiate with customers about reasonable times to complete orders. Chi mentioned lessons from 2020 when Bangladesh, China and Vietnam united to ask brands in the EU to share risks with manufacturers and requested them to accept delayed delivery during the pandemic. “We should not only look at the impact of the pandemic in Vietnam, but should expand internationally. Because Vietnam is part of the global supply chain, we need to take a different look and give a common voice to brands. If we make an offer to share between brands and suppliers in Vietnam, it will be a great support for them to recover from the pandemic,” she added. Chairman of Thien Minh Group and Chairman of the National Tourism Advisory Board (TAB), Tran Trong Kien put his hopes on a vaccine solution, saying: “I am confident that thanks to the vaccine, we will open our doors.” Kien said if Vietnam took action as soon as possible and could vaccinate 70 per cent of the population as planned by year-end, the country could return to normal. R Kien said though the local economy was not that dependent on tourism like Thailand, where the sector contributes about 9.2 per cent to GDP, the industry still supported trade, investment and other activities. Though many international and domestic research organisations have changed their forecasts for Viet Nam's economic growth in 2021, with worse results than the more optimistic forecast of 6.5 per cent, Thanh from Fulbright said: “The forecasted numbers at this time are not of much significance.” He said: “The dual goal of maintaining economic activities and safety is more important,” adding: “Growth also depends on the pandemic – if we successfully control it in the third quarter, and business activities return to normal, it will be different immediately.” Thanh forecast the most positive scenario in the last six months of the year was when the government could fulfil a vaccine commitment of about 150 million doses for local people with priority injections for industrial zones and tourist centres by year-end and reaching 70 per cent of the population vaccinated by mid-2022, Vietnam could fight the pandemic and maintain production activities for export. According to the General Department of Vietnam Customs, in the first six months of 2021, the total export value of the country reached US$158.34 billion, an increase of $35.57 billion, or 29 per cent over the same period in 2020.
Source: Vietnamnet
The World Economic Forum’s Scale360° initiative announced today the 10 city-based hubs joining its Circular Shapers programme. Scale360° leverages innovation hubs in cities, countries and regions worldwide, bringing together leaders in science, policy and business to trigger circular change. Circular Shapers engage with local public, private, and civil society stakeholders to design, organise, and deliver circular economy projects tailored to local needs. Circular Shapers are competitively selected from the Global Shapers Community, a network of committed and energized young volunteers in 448 city-based hubs around the world. These changemakers have the energy, skill, networks and commitment needed to transform their cities into centres of circular economy innovation. The latest Circular Shaper cohort hails from four continents and includes: Ankara, Asuncion, Auckland, Beijing, Bucharest, Lahore, Manama, Milan, Morelia, and Thimphu. The cities selected to the latest cohort will apply Scale360°’s tested methodology – the Scale360° Circular Innovation Playbook – to fast-track Fourth Industrial Revolution impact to keep more goods in use. Their initiatives will explore ways to apply circular design principles, improve reuse, and to eliminate waste, all while strengthening economies and boosting job growth. These join the successful pilot cohort which included four Global Shapers hubs in Mexico City, Brussels, Turin and Bangkok and ran from February to July 2021. In just a few months, those pilot cities built critical relationships with leaders in government, the private sector, and NGOs, making critical early steps towards driving circular innovation. Specific achievements include: Bangkok: Mobilized a range of partners from researchers to advertising agencies to popularize solutions to air pollution and plastics. Solutions included: assembling a catalogue to help businesses choose alternatives to single-use plastics in food packaging and a social media campaign to build momentum for clean air regulation. Brussels: Partnered with local NGOs on its “Eat, Play, Live Circular” initiatives to create bottom-up solutions for more circular lifestyles. Initiatives included an ‘Idea-thon’ for food and packaging waste solutions and a series of experiments with the public to make one Brussels public space more circular. Mexico City: Trained public, private and government stakeholders in Scale360° methodology to bridge circular economy knowledge gaps and drive the circular transition through focusing early conversations. Turin: Built critical relationships with stakeholders from 14 organizations including regional policy makers, members of the private sector, academia, and existing networks to help foster and support much-needed discussions and collaboration on circular needs and priorities. The Circular Shapers tap into World Economic Forum networks of experts and leaders in civil society, government, industry global organizations, including the Platform for Accelerating Circular Economy (PACE). “It’s powerful to see how Scale360° methodology has spread so rapidly and empowered Global Shapers to become leaders driving circular innovation in their cities. Now in 14 hubs around the world, Circular Shapers is one of the largest cross-hub collaborations in the Global Shapers Community,” said Katie Hoeflinger, Specialist, Climate and Environment, Global Shapers Community. The United Arab Emirates, a key supporter of Scale360°’s approaches, agrees that these new hubs will play an important role in building circular innovation. “The UAE supports Scale360° in driving the transition to circular economy locally and globally,” said his Excellency Dr. Abdullah Belhaif Al Nuaimi, Minister of Climate Change and Environment. “This program will go a long way in fostering innovations that have the potential to fast-track the implementation of the circular economy principles around the world.” These efforts can also fuel a just transition, noted Head of Global Opportunities for Sustainable Development Goals (GO4SDGs), United Nations Environment Programme (UNEP), Adriana Zacarias Farah. “Jobs and skills are central to getting the political buyin for the transformation from linear to circular. UNEP through the initiative Global Opportunities for SDGS (GO4SDGS) is happy to collaborate with the Forum and Scale360° on circular cities and the just transition narrative.” Building circular capabilities can help meet critical climate goals. “Scaling up circular business models and solutions is vital for environmental reasons and needs to happen fast,” said Carsten Gerhardt, Partner at Kearney and Founder at Circular Valley (leading partners of Scale360° Germany). With new Circular Shaper hubs in place, momentum for circular innovation can build further. Added Scale360°’s Global Lead, Helen Burdett: “This latest cohort is another example of local action for global impact on the circular economy transition.”
Source: Modern Diplomacy
The top 25 textile companies have alone contributed over $5.361 billion, or 21 per cent, to the country’s overall exports of $25bn in 2020-21. “It is a matter of great pleasure that the exports of the textile sector alone soared by 19.23pc to $15.5bn in 2020-21 compared to $13bn the preceding year,” Aptma (North Zone) Chairman Abdul Rahim Nasir told Dawn on Friday. “It is really unprecedented,” he added. According to a list shared by trade bodies, Style Textile (Pvt) Ltd exports remained $428.76 million in 2020-21, followed by Interloop Ltd with $331.54m, Artistic Milliners (Pvt) Ltd $329.63m, Yunus Textile Mills Ltd $311.92m, Nishat Mills Ltd $307.32m, Gul Ahmad Textile Mills Ltd $284.25m, Feroze 1888 Mills Ltd $273.04m, Soorty Enterprises Ltd $268.14m, Artistic Fabric & Garment Industries (Pvt) Ltd-$226.42m, Liberty Mills $216.33m, Masood Textile Mills Ltd $213.05m, Sadaqat Ltd $209.22m, US Apparel & Textiles Ltd $197.50m, Al-Karam Textile Mills Ltd $185.25m, Nishat (Chunian) Ltd $169.70m, Novatex Ltd $167.49m, Lucky Textile Mills Ltd $165.79m, Garibsons Ltd $165.65m, Denim Clothing Company $148.58m, Klash Ltd $139.16m, Sapphire Finishing Mills Ltd $137.35m, Gohar Textile Mills Ltd $126.78m, Kamal Ltd $125.75m, Riaz Textile Mills Ltd $121.09m and Sapphire Fibres Ltd $111.87m. He said keeping in view the rapid expansion in the textile exports owing to increasing investments, Aptma has decided to take all those textile exports companies making $40m to 50m per annum to achieve the figure of $100m each. “If we succeed in doing so, our textile exports alone may jump from $15.5bn to $25bn in next couple of years,” he added. He said the outstanding export performance of the textile sector is a very good omen for the country’s economy.
Source: The Dawn
Leather Working Group (LWG), the world-leading certification for leather manufacturing industry, and global non-profit Textile Exchange have granted reciprocal membership of their respective organisations to drive alignment, and facilitate better collaboration and resource sharing. The agreement will allow both organisations to access each other’s resources. The reciprocal membership will also allow the two entities to join each other’s memberonly events and discussions, as well as foster a stronger working relationship to reduce the impact of the leather industry, they said in a joint press release. Previously, the LWG signed a Memorandum of Understanding (MoU) with Textile Exchange in 2018, to align their efforts for driving environmental improvement in tannery operations and leather manufacturing. Since then, the partnership has developed, as LWG joined the Responsible Leather Round Table and helped Textile Exchange to create the Leather Production Environmental Standards Benchmark for the Leather Impact Accelerator (LIA), based on the LWG Audit Standard. Through the dedication of the technical experts that make up the LWG Technical SubGroup, our audit standard will continue to be developed to ensure it remains relevant, valuable and impactful within the leather industry. We can only address the challenges facing the leather industry by engaging multiple different stakeholders across the supply chain and driving alignment, and we are committed to carry on working in collaboration with Textile Exchange as their benchmark is developed," said Christina Trautmann, programme manager of the LWG. Anne Gillespie, director of impact acceleration, Textile Exchange, said: “Textile Exchange respects the work Leather Working Group has done to provide solutions to address sustainability in leather production and value the support they have given us in the development of the Leather Impact Accelerator. We look forward to future opportunities for collaboration!” By admitting Textile Exchange as a member of the Leather Working Group, it will be able to actively take part in LWG’s activities, contribute to working groups on specific topics of value to the industry, as well as access the LWG Audit Standards and other technical documentation. Conversely, the LWG is now able to join the Textile Exchange Hub, a secure portal for members of the textile and leather industries to share knowledge and resources. Both organisations were granted the reciprocal membership as of July 1, 2021, and plan to continue for the foreseeable future.
Source: Fibre2 Fashion
