11.22% in 2017-18 growth in value added garment sector of the textile industry

Related Keywords: domestic entrepreneurs, garment activity, garment sector of the textile industry, home textile and apparel, major trade and business hub, maximizing exports, raw material, textile sector

Sialkot
Summary: 
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chief Coordinator Ijaz Khokhar advised the government to split the textile sector into three categories namely raw material, home textile and apparel adding that the sector presently comprises of multiple sub-sectors, all having different functions and activities. The chief coordinator further stated that the value-added garment sector of the textile industry showed a growth of 11.22% in 2017-18. He added that, “The value-added garment sector is a major tax payer, largest employment generator and exporter of up to $5.5 billion products.” Also,” The sector has a huge scope of expansion.”

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Chief Coordinator Ijaz Khokhar advised the government to split the textile sector into three categories namely raw material, home textile and apparel adding that the sector presently comprises of multiple sub-sectors, all having different functions and activities. The chief coordinator further stated that the value-added garment sector of the textile industry showed a growth of 11.22% in 2017-18.

https://tribune.com.pk/story/1808325/1-prgmea-stresses-exploring-non-conventional-markets/
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Morocco Style - 5th International Fashion, Textile and Accessories Fair opens its gates to thousands of professional visitors on 28 - 31 March 2019 at OFEC, La Foire Internationale de Casablanca

Related Keywords: 350 exhibitors from 7 countries, accessories, B2B relationships, exporters, fashion, fashion and textiles, industrial sectors, latest trends, manufacturers and distributors, Moroccan expertise, Morocco Style, Morocco Style 2018, national and international companies, Pyramids Group, ready-to-wear professionals: Importers, Textile, textile sector, weave

Mumbai
Summary: 
Morocco Style is an irreproachable opportunity for fashion, textile, accessories, ready-to-wear professionals: Importers, exporters, manufacturers and distributors to weave B2B relationships in this sector which is in constant evolution. This unique fair is organizing by Pyramids Group and co-organizing by AMITH and with the partnership of Atelier Vita.

Morocco Style is an irreproachable opportunity for fashion, textile, accessories, ready-to-wear professionals: Importers, exporters, manufacturers and distributors to weave B2B relationships in this sector which is in constant evolution. This unique fair is organizing by Pyramids Group and co-organizing by AMITH and with the partnership of Atelier Vita.

0

India doubles import duties on 328 textile items

Related Keywords: carpets and technical textiles, imported garments such as fabrics, Indian Textile, market access, raw materials, resources technology, skilled labourers, Textile exporter, textile items, textile manufacturing, textile products, textile sector

Mumbai
Summary: 
The government must take steps necessary to make the Indian textile sector competitive, besides being dedicated on the tariff front. Like China, India has all required resources technology, skilled labourers, raw materials. It lacks is the political will to rectify policy anomalies. Twisted labour laws do not favour the creation of massive textile manufacturing units that could compete with the Chinese facilities in the economy of scale.

The government must take steps necessary to make the Indian textile sector competitive, besides being dedicated on the tariff front. Like China, India has all required resources technology, skilled labourers, raw materials. It lacks is the political will to rectify policy anomalies. Twisted labour laws do not favour the creation of massive textile manufacturing units that could compete with the Chinese facilities in the economy of scale.

https://www.tribuneindia.com/news/editorials/chinese-textile-influx/634231.html
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To double the import duty on over 50 textile products which aims at promoting domestic manufacturing is Government's latest action

Related Keywords: 50 textile products like jackets, cotton yarn, domestic manufacturing, dresses, fabric and made-up articles, Indian textile manufacturing, suits and baby garments, suits and carpets, textile readymade garments, textile sector, textile yarn, The Central Board of indirect Taxes and Custom, trousers, woven fabrics

Mumbai
Summary: 
Imports of textile yarn, fabric and made-up articles grew by 8.58% to $168.64 million in June. Though, exports of cotton yarn, fabrics and made-ups grew by 24% to $986.2 million. Exports of man-made yarn, fabrics and made-ups grew 8.45% to $403.4 million.

Imports of textile yarn, fabric and made-up articles grew by 8.58% to $168.64 million in June. Though, exports of cotton yarn, fabrics and made-ups grew by 24% to $986.2 million. Exports of man-made yarn, fabrics and made-ups grew 8.45% to $403.4 million.

Exports of all textile readymade garments sinked by 12.3% to $13.5 billion.

https://www.livemint.com/Industry/3WzHA8c44xeTu3amgUyOGO/Govt-doubles-import-duty-on-over-50-textile-products-to-20.html
0

Turkey wants to stiffen up China textile imports

Related Keywords: cotton fabrics, Ready-to-wear clothing, textile companies, textile imports, textile sector, Turkey’s textile sector

Turkey
Summary: 
A CEO whose company exports to seven other countries, and has almost 150 stores in Turkey, expressed that, “We had been informed that we would need a lot of extra documents for imports from China, so we demanded this meeting.” He added that, “The ministry didn’t ask us to stop producing in China. It was a fruitful meeting. We asked them to postpone the plan until at least January 2019, which the ministry will evaluate.”

A CEO whose company exports to seven other countries, and has almost 150 stores in Turkey, expressed that, “We had been informed that we would need a lot of extra documents for imports from China, so we demanded this meeting.” He added that, “The ministry didn’t ask us to stop producing in China. It was a fruitful meeting. We asked them to postpone the plan until at least January 2019, which the ministry will evaluate.”

http://www.hurriyetdailynews.com/turkey-wants-to-tighten-up-china-textile-imports-firms-133257
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Concern for Pakistan as it's export performance is dependent on cotton prices

Related Keywords: All Pakistan Bedsheet and Upholstry Manufacturers Association, carpets, Drawback of Local Taxes and Levies, hike in exports, leather, sports goods, surgical goods, Textile, textile and non-textile sectors of Pakistan, textile producers, textile sector

Multan
Summary: 
All Pakistan Bedsheet and Upholstry Manufacturers Association Chairman Syed Muhammad Aasim Shah has praised the Economic Coordination Committee (ECC) for extending the export package worth Rs 195 billion for the next three years, saying it will help enhance the country’s export receipts. The package is aimed at improving competitiveness of textile and non-textile sectors of Pakistan in a bid to increase the pace of growth in exports in coming financial years.

All Pakistan Bedsheet and Upholstry Manufacturers Association Chairman Syed Muhammad Aasim Shah has praised the Economic Coordination Committee (ECC) for extending the export package worth Rs 195 billion for the next three years, saying it will help enhance the country’s export receipts. The package is aimed at improving competitiveness of textile and non-textile sectors of Pakistan in a bid to increase the pace of growth in exports in coming financial years.

https://tribune.com.pk/story/1725423/2-textile-producers-expect-hike-exports/
0

ITM 2018 International Textile Machinery Exhibition achieves great global success

Related Keywords: exhibitor booths, HIGHTEX 2020 Exhibition, international textile machinery exhibition, ITM 2018 Exhibition, ITM 2020 Exhibition, textile sector, Textile show

Istanbul
Summary: 
The ITM 2018 Exhibition has achieved great success this year and continues to innovations. The duration of the ITM 2020 Exhibition was extended to five days on the basis of intense demand from exhibitors and visitors. Being the address for world launches, the ITM 2020 Exhibition will host exhibitors and visitors from around the world.

The ITM 2018 Exhibition has achieved great success this year and continues to innovations. The duration of the ITM 2020 Exhibition was extended to five days on the basis of intense demand from exhibitors and visitors. Being the address for world launches, the ITM 2020 Exhibition will host exhibitors and visitors from around the world.

0

Synthetic fibers prepared with nylon, polyester, acrylic, and polyolefin have a commanding position in the textile industry of Pakistan

Related Keywords: 000 looms, 90, Acetate rayon yarn, acrylic, acrylic yarn, blankets, carpets, clothing brands, Cotton Export Corporation of Pakistan, fabric, fabrics, nylon, nylon filament yarn, polyester, polyester filament yarn, polyolefin, shawls, silk, synthetic fibers, textile commodities, textile manufacturing, Textile mills, textile sector, woolen yarn

Islamabad
Summary: 
Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan. The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc.

Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan. The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc.

https://nation.com.pk/03-Jun-2018/textile-industry-in-pakistan-an-open-example-of-resistance-economy
0

Traders urging to study the influence of GST on the textile sector

Related Keywords: Embroidery Machines, Federation of Surat Textile Trader’s Association, finished fabrics, Indian fabrics, man-made fabric, polyester fabric, sarees and dress material, textile sector, weavers and embroidery owners, yarn

Surat
Summary: 
The FOSTTA office-bearers have stated that the production of man-made fabric has decreased from four crore meters per day to less than two crore meters, the sale of polyester fabric including sarees and dress material has decreased by almost 40% and that the export of finished fabrics has reduced by almost 28% in the last 10 months post-GST implementation, in a letter to Modi.

The FOSTTA office-bearers have stated that the production of man-made fabric has decreased from four crore meters per day to less than two crore meters, the sale of polyester fabric including sarees and dress material has decreased by almost 40% and that the export of finished fabrics has reduced by almost 28% in the last 10 months post-GST implementation, in a letter to Modi.

https://timesofindia.indiatimes.com/city/surat/study-gst-impact-on-textile-sector-traders-urge-pm/articleshow/64336747.cms
0

Research report on textiles by FPCCI on direction of the PM

Related Keywords: export of textile products, Federation of Pakistan Chambers of Commerce and Industry, Global textile market, provision of raw materials to the textile sector, report consists of issues of the export-oriented sectors including the textile sector, textile package, textile sector

Islamabad
Summary: 
Bangladesh set an aim to attain textile exports of $60 billion, India set its target to increase exports to $30 billion, while Pakistan’s total exports have decreased from $25 billion to $20 billion, in which the textile sector’s share is 61 per cent.

Bangladesh set an aim to attain textile exports of $60 billion, India set its target to increase exports to $30 billion, while Pakistan’s total exports have decreased from $25 billion to $20 billion, in which the textile sector’s share is 61 per cent.

The report evaluated that the China’s export of textile products share is 36 per cent, Vietnam contributes 12.4 per cent, similarly Pakistan’s share is 7 per cent, therefore a trilateral products specific agreement between China, Pakistan and Vietnam will acquire 50 per cent share of the Global Textile market.

https://profit.pakistantoday.com.pk/2018/05/21/fpcci-prepares-research-report-on-textiles-under-pms-instructions/
0
 
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