More trouble for Pakistan's beleaguered textile industry. The Institute for Policy Reforms (IPR) in a report outlining structural factors that have hurt the industry, has said that the textile industry has made inadequate investment in ...
Pakistan's Commerce Minister Khurram Dastgir Khan has claimed that his government is making some serious and well-planned efforts to increase value-addition in the textile sector to attract more shares in the regional and international ...
Tags: textile sector, Textile Exports
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 Maharashtra government has in-principle accepted a new ambitious and comprehensive textile policy that envisages setting up of textile hubs at an investment of Rs 80,000 crore in five years, according to media reports. BJP MLA ...
Textile spinning mills affiliated to the Northern India Textile Mills' Association (NITMA) are considering cutting back production and shutting down their mills once a week against the current trend of operating a mill 24x7. In a press ...
Tags: spinning mills, yarn, Textile
Driven by strong volume growth and surge in domestic sales, revenues in the three months to June 30, 2015 at Indian home textiles major and BK Goenka led Welpsun India Ltd soared 18 per cent year on year. In the first quarter of fiscal ...
Tags: home textiles, textile
India can beat China and Bangladesh in value-added garment exports, according to a top official of Li & Fung, which designs customised supply chain solutions for the world’s most successful retailers and brands. “In the ...
Most of the cotton growing states like Punjab, Haryana, Rajasthan, Gujarat and parts of Maharashtra and Karnataka have started getting good rainfall, which has led to farmers beginning sowing of cotton. “CCI has sold nearly 1.5 ...
Tags: Propel Cotton Sowing, Textile
The Andhra Pradesh government’s new industrial policy has come as a shot in the arm for the textile industry in the state. According to media reports, the new policy which will be in force till 2020, provides a host of incentives for ...
Tags: Andhra Pradesh, textile industry, Textile
For the development of textile industry in the state, Maharashtra finance minister Sudhir Mungantiwar proposed an outlay of Rs 59.66 crore in his Budget speech for the year 2015-16 towards interest subsidy of 5 to 7 per cent on long term ...
Tags: Textile Subsidy, textile industry
The Karnataka government is planning to develop smaller textile parks at different places in Ballari, Chamarajanagar and Vijayapura districts, a government official said. Addressing a roadshow for Technotex 2015 in Bengaluru, K ...
Tags: textile parks, Textile Policy
Pakistan’s ministry of textile industry has announced the long-awaited Textile Policy 2014-19, which sets annual exports target of US$ 26 billion by 2019. “The annual exports target of $26 billion by 2019 is ambitious but ...
Tags: Textile Policy, Textile
The Government of Nigeria has unveiled a new National Cotton, Textile and Garment (CTG) Policy aimed at revitalising and boosting the development and growth of the country’s cotton, textile and garment industry. Launching the ...
Tags: cotton, textile, garment industry
The Nigerian government has approved a policy which aims to revive the country’s ailing textile and garment industry. The policy is a part of the National Industry Revolution Plan (NIRP) which covers the whole textile value chain, ...
Tags: funding and energy, smuggling, Textile
Sintex Industries is expecting the phase-I of its textile plant near Pipavav port in Gujarat to become operational by March next year. This was disclosed by Amit Patel, managing director of Sintex. Patel was speaking to mediapersons ...