Export price of spun yarns have been falling since June 2014 and continued into December. Close to 135 million kg of spun yarns were exported worth US$398 million or Rs 2,470 crore. Compared to last year, volumes were up 9 per cent while earnings in US$ term fell 4 per cent implying a 12 per
It is the ease of conducting business more than just the increasing cost of doing business that is forcing many western companies to drive away from Pakistan. Many companies find problems with the speed in which tasks are accomplished in Pakistan.
Nagpur, due to its geographic location as the centre of the country, is capable of being a large logistic hub and surely to bring in huge employment opportunities to Vidarbha. The long-awaited development process of Vidarbha has kick-started with
The Surat Art Silk Cloth Manufacturers Association (SASCMA) celebrated its 60 years of establishment. SASCMA was established in 1955 with an objective to represent the cause of the industry before central and state government to jointly carry out
Pakistani value-added textile sector in immense problem as Rs 205 bn refund claims stuck up with FBR
Pakistan value-added textile sector hamstrung by cash crunch as more than Rs 205 billion refunds has been stuck up with the government. Federal Board of Revenue (FBR) still withholds more than Rs 13 billion under Drawback on Local Taxes and Levies
The joint anti-pirate textile task force set up by the Ministry of Trade and Industry (MOTI) to curb textile smuggling and pirated designs into the country. The team comprise the Deputy Trade Minister, Murtala Mohammed, and members of the joint