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Related Keywords: Ambassador of Lebanon to Parkistan, carpets popular in Lebanon market, explore untapped trade potential of Lebanese market, Federation of Pakistan Chambers of Commerce and Industry, handicrafts, Mona El Tannir, Pakistani textiles, President Abdul Rauf Alam, urged Pakistan business community

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Abdul Rauf Alam while speaking to Ambassador of Lebanon to Parkistan Mona El Tannir, urged Pakistan business community to explore the untapped trade potential of Lebanese market.

Abdul Rauf also asked the government to take steps to promote greater economic cooperation which will bring masses of the two countries closer.

Related Keywords: cotton textiles, currency control tightened, Egypt biggest manufactured exports, exports of garment plummeting, focus on spinning, garments and textiles, Minya project, new city dedicated to textiles manufacturing, pound against the dollar, pricing its products out of international market, suffered badly since central bank began pegging

Egypt’s biggest manufactured exports are garments and textiles. The industry suffered badly since the central bank began pegging the pound against the dollar after Egypt’s uprising in 2011, pricing its products out of the international market. The problem became more acute as currency controls tightened over the past couple years, with exports of garments plummeting by 14.7 percent in the year to end of June and those of cotton textiles by 7.2 percent, according to central bank figures.

Related Keywords: cotton bales, Cotton market, Cotton prices rose by rupees two hundred to three hundred, imported Indian cotton issue, KCA, per maund, pushes cotton prices higher, ready counter, Renewed buying interest, seed cotton, spinners and some exporter, spot rate, textile industry perplexed mode

Renewed buying interest from spinners and some exporter at cotton market on Friday pushes cotton prices higher. Cotton prices rose by Rs200 to Rs300 per maund (around 37 kilograms).

There were higher trade deals which helped cotton prices recoup their recent losses and finished around Rs200 to Rs300 higher on the ready counter, brokers said.

The Karachi Cotton Association raised its spot rate by Rs100, to Rs6,300 per maund.

Related Keywords: accessories, Arunachal Pradesh Chief Ministers Indigenous Textile Promotion Scheme, CMITPS, Craft Centre Complex, distributed improved frame looms, free of cost, large scale marketing, local attires, promote the indigenous textile and handlooms, selective weavers, support West Kameng district weavers, with warping drum, yarns

Under the Arunachal Pradesh Chief Minister’s Indigenous Textile Promotion Scheme (CMITPS) for the year 2015-16 to support the West Kameng district weavers, a selective 116 weavers were distributed improved frame looms with warping drum, accessories and yarns free of cost by Deputy Commissioner Sonal Swaroop on Friday at Craft Centre Complex.

Related Keywords: Akosombo Textiles Ltd, called on to take measures, Growth of Ghanian local textile industry, help create enabling environment to grow, high utility, hindered, in-coming Ghana government, influx of Chinese products, NPP, recconsider VAT, revive crippling textile industry, smuggled goods into the country, unstable exchange rates

The growth of Ghanian local textile industry due to smuggled goods into the country, unstable exchange rates, influx of Chinese products and high utility is hindered. The in-coming Ghana government of the New Patriotic Party (NPP), has been called on to take some measures to revive the crippling local textile industry and help create an enabling environment for local textile industries to grow., said Mr Samuel Hemans-Arday, Deputy Marketing Manager Akosombo Textiles Limited (ATL).

Related Keywords: bilateral trade, coming years, CPEC, European bloc, Honorary Consul General of Pakistan for Finland Wille Eerola, huge influx of Chinese investment, Nordic companies, Nordic Pakistan Business Summit, Pakistan full of opportunities, Pakistani textile sector, remain biggest export market, South Asian nation

The European bloc likely to remain the biggest export market for Pakistan’s textile sector in coming years despite a huge influx of Chinese investment in the South Asian nation was emphasized by Honorary Consul General of Pakistan for Finland Wille Eerola.

However, Pakistan textile lobbies should be aware that China itself was a big exporter of raw textile products and should also focus on other export products to increase its share in the European market and reduce dependence on textiles.

Related Keywords: approved Amended Technology Upgradation Fund Scheme, DPR, eligible bench marked machinery, measures taken to provide relief to textile, one time capital subsidy, period of seven years, powerloom industry, powerloom units, promote digital payment, technology upgradation, Union Textiles Minister

The Union Textiles Minister informing about the measures taken by the government to provide relief to textile and powerloom industry said that the government has approved the "Amended Technology Upgradation Fund Scheme (A-TUFS)" for technology up-gradation of the textile industry with one time capital subsidy for eligible bench-marked machinery for a period of seven years from 2015-16 to 2021-22, in place of Revised Restructured Technology Upgradation Fund Scheme (RRTUFS).

Related Keywords: assured delegation of All Pakistan Textile Mills Association, better prices in future, cotton bales, Cotton market, Cotton yarn market, cut gas tariff, ginners reluctant to sell stock, in line with global trend, KCA, millers holding quality cotton, spinning units, spot rate, Sui Northern Gas Company, Trading ring in Pakistan

Talks in the trading ring in Pakistan have confirmed that in a recent meeting the Sui Northern Gas Company has assured a delegation of All Pakistan Textile Mills Association (Aptma) to cut gas tariff by 28 per cent.

There were some big-lot deals of buying and selling from many millers who tried to get hold of quality cotton, but ginners were generally reluctant to sell their stock in the hope of getting better prices in future.

Related Keywords: Andhra Pradesh Cabinet, at Mylavaram in Kadapa district, cleared proposal, establishment of industrial park, Handlooms and Textiles Department, land allotments, multi-product SEZ, set up an SPV, set up textile park, Smart Cities Scheme

The Andhra Pradesh Cabinet cleared a proposal in which land allotments cleared were 62.18 acres at Mylavaram in Kadapa district to the Handlooms and Textiles Department for the setting up of a textile park.

Around 21 acres at Serikolam village in Parigi Mandal of Anantapur district for the establishment of an industrial park and a multi-product SEZ at the rate of Rs.3 lakh per acre and 44.78 acres for a Mega Food Park at Settigunta village in Railway Koduru Mandal of Kadapa district at Rs.9.50 lakh per acre.

Related Keywords: Continuing effort to make Manipur. one of the best state in India. abroad, empower weavers, field of handloom, MSME, NEC, nine districts, setting up nine Indudustrial Estates, Takyel Industrial Estate, Textiles, under financial assistance of Ministry of Micro

Continuing its effort to make Manipur one of the best state in India and abroad in the field of handloom and textiles, State government is setting up 9 Indudustrial Estates in 9 districts under the financial assistance of Ministry of Micro, Small and Medium Enterprises (MSME) and the NEC. The Takyel Industrial Estate, Construction of Kuraopokpi and Tera Urak Industrial Estates is being upgraded at a total cost of Rs 5859.72.