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surplus+spinning+capacity
2014-07-24 15:00:00
Import of spinning machinery soar despite power shortages in Pakistan
The surge in spinning machinery import witnessed in Pakistan. Although the All Pakistan Textile Mills Association claims that around 100 spinning mills in the country have closed down as the
2014-06-16 15:10:00
China investing US$2 bn to set largest cotton spinning facility in Pakistan
China’s fifth largest textile company, Shandong Ruyi Technology Group is investing US$2 bn to set up the largest cotton spinning facility in Pakistan. It has already bought 1,036 acres of
2018-05-25 10:47:00
India manages to remain as the world's second largest textiles and clothing exporter
Prices of Shankar 6, the popular cotton variety used by mills, are ruling at around Rs 43,000 per candy (a candy is about 355 kgs). The landed cost for imported cotton of a similar variety works out
2016-12-13 11:00:00
China offers Bangladesh technology and finance for jute viscose project
China has made an offer of technology and finance to Bangladesh for building a plant to make viscose fibre from jute. Viscose made from cellulose fibre found in trees by way of a complex chemical
2016-09-19 11:00:00
Bangladesh cotton yarn import increase by 25pc from Jan to July this year
Bangladesh imported 207,644 tonnes of cotton yarn from January to July this year an increase by more than 25 percent during the first seven months in 2016. Major portion of the yarn has been
2016-07-23 14:00:00
CCI to start sell remaining stock of cotton to SME sector
Following directions by the textile ministry, the Cotton Corporation of India (CCI) will now start selling its remaining stock of about 24,000 bales to only small and medium scale mills as these
2016-07-18 15:30:00
SIMA welcomes Union Textile Ministry's decision to sell cotton through CCI
Southern India Mills Association (SIMA) Chairman M Senthilkumar thanked the Ministry of Textiles for actively considering the Association plea of selling the cotton only to the actual users and
2016-07-04 17:00:00
Pak raises cotton subsidies issue by big cotton growing countries at WTO
Problems of farmers in Pakistan and other developing countries cannot be resolved as long as the farmers are made to compete with heavily subsidized cotton from major players. Pakistan’s
2015-08-17 18:00:00
New textile policy aimed on fabric to fashion concept to moot Rs 80,000cr investment
New textile policy proposes Rs 80,000 crore investment in five years in the sector which will be developed around the concept, 'fabric to fashion'. Currently, the clothing industry from cotton to
2015-07-29 17:00:00
Ethiopian fails to achieve textiles exports and production target set in GTP I
The Ethiopian Textile Industry Development Institute (ETIDI) fails to achieve its export and production targets by more than half. It planned to export a billion dollars worth of products but
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