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Related Keywords: Bombay Dyeing, cash positive, completely overhauling business, help from the consultants, KPMG and EY. turn loss making retail business, make it profitable by next fiscal year, Microsoft, restructure retail business, roped in PricewaterhouseCoopers, textile flagship, Wadia group

Bombay Dyeing, the textile flagship of the Wadia Group, to restructure its retail business and to make it profitable by the next fiscal year has roped in PricewaterhouseCoopers, Microsoft, KPMG and EY. They are completely overhauling the business with help from the consultants to turn the loss making retail business to cash positive.

Related Keywords: carrry out production to the capacity, come down to two or one per day, inadequate workforce, number of shifts, on a daily basis, piling up of yarn stocks, plunge in yarn sales, shortage of labour, spinning mills in Tamil Nadu, unable to run units

With the shortage of labour, spinning mills in Tamil Nadu are unable to run their units on a daily basis. The number of shifts has come down to two or one per day. With inadequate workforce, they are unable to carry out production to the capacity, resulting in piling up of yarn stocks and plunge in yarn sales.

Since the start of demonetization drive, as most of the mills rely on migrant labourers , who have returned to their home towns and will come back only when there is sufficient cash flow in the market.

Related Keywords: construction work, East Development program, Eastern Province, Eastern Provincial Council, garment factory, Hameedia real men wear real clothes, nearing completion, Sammanthurai, Sri Lankan, weaving industry

Under the Sri Lankan, East Development program the construction work of Garment factory at Sammanthurai is nearing completion. This garment factory is the second one in the Eastern Province open after forming the good governance.

With the opening of this garment factory, there is a possibility of getting employment for a good number of youngsters from Ampara district, sources said.

This garment factory is constructed at an estimated cost of Rs.100 million jointly sponsored by Eastern Provincial Council and Hameedia real men wear real clothes.

Related Keywords: commence new fabric park in Giriulla, continued journey towards economic progress, create employment opportunities, Government of Sri Lanka, llivelihood. economic empowerment, placed high expectations on MAS Holding, second privately owned industrial park, set up state of the art manufacturing facilities, technological manufacturing platform

The Government of Sri Lanka, in its continued journey towards economic progress in all parts of the country, has placed high expectations on MAS Holding to commence the new fabric park in Giriulla to create employment opportunities, and livelihood and economic empowerment in the area.

MAS Holdings is making preparations to commence operations at the MAS Fabric Park in Giriulla with this it will become the second privately owned industrial park in the country, following the MAS Fabric Park in Thulhiriya.

Related Keywords: Akosombo Textile Limited, ATL, by the New Patriotic Party executives, celebrate the electoral victory, contracted to print clothes, new clothes designed, NPP outfits in high demand., one of Ghanas indigenous textile companies, President-Elect Nana Addo Dankwa Akufo-Addo, printed four clothes, remaining two ordered, two for public

Akosombo Textile Limited (ATL), one of Ghana's indigenous textile companies contracted to print the clothes. The new clothes are designed to celebrate the electoral victory of President-Elect Nana Addo Dankwa Akufo-Addo and his inauguration on Saturday; January 7, at the Blackstar Square in Accra.

Samuel Hemans-Ardey, the Deputy Marketing Manager, ATL, said that ATL has designed and printed four clothes, two for the public while the remaining two were ordered by the New Patriotic Party (NPP) executives.

Related Keywords: after successfully debuted last year, apparel and textile manufacturers, Apparel Textile Sourcing Canada, business to business trade platforms, Canadian Apparel Federation, CCCT, exhibit space at Toronto’s International Centre, officially secured fifty percent increase

Apparel Textile Sourcing Canada 2017 has officially secured a 50 percent increase in exhibit space at Toronto’s International Centre, after successfully debuted in 2016. The first edited was fueled by positive onsite feedback, strong attendance, and a renewed commitment from international manufacturers and industry partners like TESTEX, WRAP, and TFO Canada. ATSC had tremendous success with more than 200 booths of merchandise, and over 1800 attendees.

Related Keywords: from Nepal, guarantees duty free acces, hessian jute fabric, India largest importer of Nepal jute products, Indian government, jute export to India halted, jute products, jute products like jute sacks, jute traders, Nepal-India Trade Treaty, released notification to levy excise duty, Sri Lanka and Maldives, started enforcing from mid December

Indian government had released a notification to levy excise duty on jute products from Nepal, Sri Lanka and the Maldives in 2015, it only started enforcing the notification from December 15 last year, according to jute traders.

Following, the enforcement of the excise duty of 12.5 percent on different jute products like jute sacks and hessian jute fabric. Nepali traders said that jute export to India has been halted completely for more than three weeks

Related Keywords: cotton bales, Cotton growers, Cotton market, cotton rates firm, official spot rate remained unchanged, phutti rates, Restricted buying by mills and spinners, seed cotton prices unmoved

In the process of restricted buying by mills and spinners, cotton rates were firm at the cotton market on Friday, as per dealers. The official spot rate remained unchanged at Rs 6300. In Sindh, seed cotton prices were unmoved at Rs 2800-3350 while in Punjab, phutti rates held the overnight levels at Rs 2800 and Rs 3550, as per 40 kg.

Related Keywords: backbone of industry, direct and indirect exporters, discriminative policies, high input cost, imported yarn, indirect traders, Pakistan Weaving Mills Association, Pakistani weaving sector, shortage of cotton, suffering and on the verge of collapse, trading activity, who supply goods to exporters

Pakistani weaving sector, due to the discriminative policies of the government are suffering and almost on the verge of collapse, especially indirect traders who supply goods to the exporters.

According to Asif Siddiq, founding member and patron-in-chief of Pakistan Weaving Mills Association, exporters have been allowed to import yarn at zero percent duty and no income tax and sales tax while the indirect exporters have to pay 15 percent custom duty and one percent income tax.

Related Keywords: dyeing, fiber containing products, GOTS, knitting, manufacturing, organic cotton products, post harvest processing stages, processing of organic, receives Global Organic Textile Standard certification, spinning, Textile Industry, Toronto based Fine Cotton Factory, voluntary international standard, weaving

Toronto-based Fine Cotton Factory receives the Global Organic Textile Standard certification (GOTS) a stringent, voluntary international standard for the processing of organic, fiber-containing products and addresses post-harvest processing stages, such as spinning, knitting, weaving, dyeing and manufacturing.

This will allow Fine Cotton Factory to offer GOTS-certified organic-cotton mattress fabric.