Govt incentives remain the primary driver of the industry, rather than organic demand or products' competitiveness Electric cars are widely believed to be the future of the automotive industry, but experts say even in the world's largest ...
Tags: Electric Car, SAIC Motor
Central Chairman Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A. Khokhar has underscored the need of formulating sector wise trade policies to boost the country's exports. He appreciated the new trade ...
The government has launched a policy framework to promote e-marketing of handloom products, in order to promote marketing of the fabric in general and to reach out to the younger customers in particular, an official statement said. The ...
The People's Bank of China (PBOC), the central bank, announced it would issue a new 100-yuan bank note from Nov 12 on Monday. The new bank note will be harder to counterfeit and easier for machines to read. Part of the fifth set of bank ...
Tags: central bank, new 100-yuan
The Kenyan government has earmarked 680 million Shilling ($6.8 million) to revive and expand operations at the Rift Valley Textile Mills (Rivatex) in Uasin-Gishu County, deputy president William Ruto has said, according to reports in the ...
The Cotton Textiles Exports Promotion Council (TEXPROCIL) has welcomed the inclusion of exports of cotton fabrics - both woven and knitted - to Bangladesh and Sri Lanka under the Merchandise Exports from India Scheme (MEIS), according to a ...
Tags: Cotton Textiles, Textiles
The Government of India will soon come out with an interest subvention (subsidy) scheme for exporters, commerce and industry minister Nirmala Sitharaman has said. Speaking at a function in New Delhi, Sitharaman said the soon to be ...
Virender Uppal, chairman Apparel Export Promotion Council (AEPC) has requested the Indian Government to look into its demands favourably. The AEPC has demanded inclusion of 2 per cent fabric within 5 per cent overall entitlement under ...
Tags: fabric, Apparel Export Promotion Council, garment industry
The commerce and industry ministry has launched the facility for online payment of application fees through credit or debit cards and other electronic fund transfers, according to a government statement. The facility of online payment was ...
Tags: textile manufacture, DGFT
The government has said it has approved the first integrated national policy for developing skills and promoting entrepreneurship at a large scale with speed and quality. “The policy aims to align supply with demand, bridging ...
The commerce ministry is considering interest subsidy benefits for textile sector including garments to arrest falling exports, according to media reports. The interest subvention scheme of 3 per cent ended on March 31, last year. Under ...
Tags: Textiles Sector, subsidy benefits
Bangladeshi exporters, including apparel makers, will now have to pay 0.6 per cent tax at source on their income from export from the upcoming financial year, as the government slashed the rate from the proposed 1 per cent, according to ...
Tags: Bangla Apparel, Apparel
The National Union of Textiles Garment and Tailoring Workers of Nigeria (NUTGTWN) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture ( NACCIMA) have rejected the lifting of import ban on textile products ...
Tags: Textiles Garment, import ban, textiles products, textile
India's e-commerce sector would grow at a rate of 10-15 per cent annually, higher than the GDP growth rate, in coming years, minister of state for finance Jayant Sinha said in New Delhi, the media has reported. The minister also said that ...
Tags: E-Commerce
Textile exporters in India are a worried lot after failing to meet the export target for the last financial year, according to media reports. "These declining trends in exports are a matter of deep concern," Texprocil chairman R K Dalmia ...
Tags: Textile