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spinning+mills+punjab
2016-07-15 16:30:00
TN textile mills cut production capacity over sharp rise in cotton price
Following the sharp rise in cotton prices, small and medium textile mills in Tamil Nadu (TN) with a capacity of up to 25,000 spindles have reduced production by about 15%-20% since the beginning of
2016-04-02 14:00:00
Punjab govt finally announces reduction in VAT rate on yarn to 3.63pc
The Punjab Government has finally announced reduction in VAT rate on all kinds of yarn except polyester filament, from 6.5pc to 3.63pc. In this regard, the excise and taxation department issued a
2016-03-22 16:00:00
Tax concessions to help revive yarn units of Punjab and Haryana
Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions
2015-12-15 15:40:00
Textile mills in Pakistan warns of closure due to gas suspension
All Pakistan Textile Mills Association (APTMA) Punjab Chairman Aamir Fayyaz stated on Monday that around 450 units of spinning, weaving and processing were being supplied gas just for four hours a
2015-11-23 12:00:00
Punjab spinning industry pushed in crisis due to difference in VAT rate
Spinning mill owners of Ludhiana demand level playing field with their counterparts in other states as the spinning industry of Punjab is dying and already in huge debts, units are closing down owing
2014-11-04 11:00:00
Pakistani local spinning industry concern over the rising yarn imports from India
Pakistan local spinning industry concern over the rising import of finer counts yarn (above 30 counts) at cheaper rates from India at the time when they are already facing energy and gas outages
2014-09-24 14:00:00
Cotton prices drop by 7.5pc in last 4 days due to poor demand from yarn mills
Cotton, which was quoted at Rs 40,000 per candy last Thursday, was trading at Rs 37,000 per candy (a candy of 356 kg) on Tuesday, registering Rs 3,000 drop in price, a decline by 7.5 percent per
2014-08-25 00:00:00
Pakistan weaving and spinning sector experienced drop in exports by 2pc in July
Pakistan’s all high power consuming sectors weaving and spinning registered a drop in exports by 2.37 percent in July due to power supply and instability prevailing in Pakistan. But the share
2014-05-01 09:00:00
APTMA claims Punjab textile industry in strain
With the claim of APTMA (All Pakistan Textile Mills Association) of the closure of 25 spinning and weaving factories as well as production of firms demoted by nearly 33%, it is sure for the Punjab
2014-04-21 15:00:00
Traditional handspun Pashmina shawls sector losing over modern spinning mills
The Kashmiri handspun Pashmina shawls spinning industry is vanishing with the shift from traditional to modern spinning mills. Now-a-day, not even 20 percent of shawls are being manufactured, hitting
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