The Karachi Cotton Association (KCA) claiming that cotton import was crucial for the textile industry to meet the requirements of basic raw material said that levy of any tax on imported cotton would considerably increase their cost of doing business.
Hence, KCA seeks to review cotton import for which it has appealed the government to review reported proposal regarding the levy of duty and taxes on import of raw cotton.
KCA officials on Wednesday said that cotton crop failure in season 2015-16 and shortfall in cotton crop season 2016-17 had compelled most of the local textile mills to import raw cotton from abroad.
It will make the local textile products uncompetitive in the international market, and urged the authorities to continue with free trading policy of cotton.
Free exports and import of cotton without any qualitative restrictions in the coming years was said to safeguard the interest of all sections of the cotton business.
In the German research project bioPEtex, BB Engineering is collaborating with several partners to develop textiles made entirely from bio-based…
Chapoget has partnered with Bcomp for advanced ampliTex flax fibre composites to develop the Cabin Trunk, a modern reinterpretation of…
Epoch Biodesign has joined the T2T Alliance to support the development of regulatory systems that can help expand textile-to-textile recycling…
Monforts has introduced a new digital platform designed to help textile manufacturers access the company’s finishing technologies and technical knowledge.
Bioforcetech (BFT), a Bay Area-based company focused on waste conversion and carbon-negative materials, has announced a new partnership with RDD…
Polygiene has announced the launch of Polygiene OdorCrunch 2.0, a new odor capture technology created to reduce unpleasant smells in…