The Federation of India Export Organisations (FIEO) wants government backing to arrest falling exports.FIEO president SC Ralhan said the trade data for the month of the March, 2015 showed a decline of over 21 per cent in exports and close ...
Tags: Govt Support, Falling Exports
As per the latest report of the USDA, global 2014/15 cotton production is projected at 119.2 million bales, 1 per cent below last season. China and India account for half of the world crop, each contributing an estimated 30 million ...
Tags: Cotton Output, Textile
The Karachi Cotton Association (KCA) has opposed the government’s plan to impose sales tax on cotton in the 2015-16 Budget to mobilise PKR 50 billion in revenue, the Pakistani media has reported. KCA chairman Amin Hashwani ...
Tags: Raw Cotton, sales tax, Cotton
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at minus 2.33 per cent for March 2015 (over March 2014), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
China’s cotton policies will evolve based on continued movement toward a market-driven economy, balancing the interests of Chinese cotton farmers against those of textile manufacturers, disposal of the country’s large cotton ...
Tags: cotton policies, textile, cotton
The new Foreign Trade Policy has come under fire from two major textile trade bodies. The Confederation of Indian Textile Industry or CITI says the new policy has not provided any additional benefits to the textiles sector, though measures ...
The textile industry of Tamil Nadu has appealed the state government to reduce VAT on raw cotton and cotton yarn cones from 5 per cent to 2 per cent which would be on par with the 2 per cent CST. According to a SIMA press release, the ...
Tags: Cotton Yarn, textile industry
World cotton production this season is forecast at 119.2 million bales, virtually unchanged from last month’s projection and slightly below 2013/14 as higher area this season is offset by a lower yield. “Global harvested area ...
Tags: Cotton Output, global yield, cotton trade
The Pakistan ministry of textiles is mulling ways to persuade the Turkish government to waive off 42.2 per cent safeguard measures duty that is being currently imposed on Pakistan’s apparel imports. According to media reports, ...
Tags: Textiles, apparel imports
Yarn Expo Spring 2015 which exhibits a wide range of fibre and yarn products returns to Shanghai from March 18–20, 2015 in Hall 7.2 at the National Exhibition and Convention Center. Yarn Expo will showcase natural and blended yarns ...
A Pakistani yarn merchants' body has demanded that the Pakistan government impose 15 per cent regulatory duty on cotton yarn imports from India on back of surge in imports. Addressing the media, senior office bearers at Pakistan Yarn ...
Tags: cotton yarn, raw materials, Textile
The annual rate of inflation, based on monthly wholesale price index (WPI), stood at 0.11 per cent for December 2014 (over December 2013), according to the provisional data released by the Office of the Economic Adviser, Ministry of ...
Tags: cotton yarn, tyre cord fabric, woollen textiles, Textile
An abnormal rise in imports of cotton yarn from India is posing a threat to the viability of domestic textile industry, All Pakistan Textile Mills Association (APTMA) has said. According to APTMA, an average of 2,500 tonnes of cotton ...
Tags: remedial measures, textile industry, Textile
The International Cotton Advisory Committee (ICAC) anticipates that, despite expected growth in cotton consumption this season, a world production surplus of 1.7 million tons is still expected. This, according to ICAC, will bring 2014/15 ...
Tags: cotton consumption, Textile
A joint memorandum has been submitted to the Union Commerce Minister, Nirmala Sitharaman by various Indian textile associations, seeking additional two years time to fulfill export obligation under the export promotion capital goods (EPCG) ...
Tags: textile associations, Textile