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2018-02-27 10:00:00
UP govt at the Investor Summit has signed 29 MoUs in textiles
The UP state handloom sector at the recently concluded two-day UP Investors Summit, signed 29 MoUs worth Rs7,436 crore. The implementation of the MoUs will boost the sales of textile items while
2017-08-07 10:00:00
Cut in GST rates on textile jobs works from 18 pc to 5pc
The all-powerful GST Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states in its meeting held on Saturday, decided to tax all job works from stitching,
2017-08-01 10:00:00
GST council likely to lower tax rate on garment job works to 5pc
The GST Council headed by Finance Minister Arun Jaitley and comprising of representatives of all the 29 states, this week is likely to consider lowering of tax rates for job works for making garments
2016-08-20 16:00:00
AP govt mulls to slash power tariff to spinning mills to revive textile industry
Andhra Pradesh state government is contemplating to drastically slash power tariff to spinning mills in the state to revive the sagging morale of textile industry. As the spinning mills provide
2016-08-19 16:30:00
Development of Karachi Textile city project shut down
With the close down of the under developed project, Karachi Textile City, the hopes attached with the project of achieving export target of $2 billion and generation of 80,000 jobs has died down,
2015-12-02 13:00:00
AP govt announces loan waiver scheme to handloom and powerloom sector
Andhra Pradesh government has announced debt waiver scheme to handloom and powerloom sector. Under this scheme loans worth Rs.110.96 crore will be waived. It was one of the election promises made by
2015-10-03 12:00:00
CCI presumes a depression in cotton output
There is an expected slump in cotton output by 5-10 lakh bales likely this year and an expected rise of cotton prices as some farmers from Telangana have demanded an MSP of Rs 5,000 per
2015-07-17 13:00:00
Committee formed by Pakistan govt to end declining trend in textile exports
Commerce Minister Khurram Dastgir Khan finally admitting that there are some other reasons for declining trend in the country’s textile exports on Wednesday constituted a committee to bring
2015-02-11 10:00:00
Textile Policy 2014-19 approved by ECC to enhance exports to $26bn by 2019
The Pakistan textile industry finally gets its new Textile Policy 2014-19 as the Economic Coordination Committee of the Cabinet (ECC) gives approval. Announcing the new textile, the Textile
2014-10-22 16:30:00
TCP to start buying one million bales of cotton from farmers this year
The Trading Corporation of Pakistan (TCP) has not been in the business of cotton purchase since 2005-06, but this year after a decision taken by the Economic Coordination Committee (ECC) the
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