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Pakistan textile sector offer excellent opportunity to Romanian

Related Keywords: Ambassador of Romania, bilateral trade, Emilian Ion, exchange of trade delegations and other such initiatives, improve trade balance, offers excellent opportunities, Pakistan huge market, PTEA meeting, Romanian businessmen, strengthen ties by holding business to business meetings, textile sector, untapped potential

Pakistan is a huge market which offers excellent opportunities to Romanian businessmen in various sectors of the economy particularly the textile sector, said Ambassador of Romania, Emilian Ion while speaking at a meeting during his visit to Pakistan Textile Exporters Association (PTEA).

According to him, although trade volume between Pakistan and Romania has been improving with balance of trade in favour of Romania but this volume was not depicting the real potential and can be improved further as huge potential to enhance trade exists between the two countries.

Indo Rama confident to register profits next quarter

Related Keywords: confident to register profit, domestic availability of PTA, dumping by China, falling in crude oil prices, Indo Rama Synthetics Limited, industry needs government support, jack up utilization of installed capacity, largest polyester manufacturer in India, Plant at Butibori, posted losses in september ending quarter, sluggish demand

Indo Rama Synthetics Limited (IRSL), known as India's largest polyester manufacturer, which has a plant at Butibori industrial estate, the first investment in that area and employs a workforce of 3,000 at the Butibori plant has been in the red for last three years, posted losses in the quarter ending September too.

China Homelife Expo 2015 returns to Dubai 25pc rise in participation

Related Keywords: China Homelife Exhibition, Chinese products in Middle East, Dubai emerged as trade hub, increase in trade, interact with Chinese manufacturers, largest re export centre, Largest sourcing platform, return to Dubai with twenty percent rise in participation, six core sectors include textile and garments

The largest sourcing platform for Chinese products in the Middle East, China Homelife Exhibition 2015 returns to Dubai with over 1100 participants from six core sectors which include Textile & Garments Furniture Home Electronics Building Materials Lighting and Household Articles & Gifts. The exhibition caters to the increasing demand for Chinese products in the region.

Pakistan govt accepts 3 demands of textile industry to boost production

Related Keywords: accepts three out of eight demands of textile industry, at reduced prices, continue to agitate, long-term financing to the ginning and spinning sector, on import of Indian cotton yarn and fabric-coarse cloth, Pakistan government, raise the regulatory customs duty, reduction in long-term ERFF, to boost production and exports

The Pakistan government has accepted three out of the eight demands of the textile industry to help boost production and exports at reduced prices. But the Pakistan’s textile industry welcoming this gesture announced that it will continue to agitate for the acceptance of the rest of the demands. The three accepted demands are:

Mega textile cluster near Hootagalli to take shape

Related Keywords: boost Make in India campaign, cotton, generate empoloyment, labour intensive industry, mega textile cluster, Mysuru known for sericulture, National vendors meet, printing cluster, silk, special purpose vehicle, to take shape

The textile cluster move, which was mooted in the Union Budget 2014-15, was announced by Pratap Simha, Mysuru MP, at the National Vendors’ Meet which began in the city on Saturday. The project will receive Rs. 50 crore by way of central grant and an additional 25 acres of land is being identified for expansion of the cluster.

A Special Purpose Vehicle (SPV) will be registered under the Companies Act for its implementation and funding.

India sourcing fair to be held in Sri Lanka soon

Related Keywords: display products and showcase the activities of handlooms, exporter and manufacturer of handlooms, India Sourcing Fair, Indo Sri Lankan mutual trade growing streadily, ITPO, micro, multi product India show, Odisha a partner state, project strengths of Indian companies, Small and Medium enterprises, textiles and handicrafts

The India Trade Promotion Organisation (ITPO), a Public Sector Enterprise under the Ministry of Commerce will be organizing an exclusive multi product India Show, the India Sourcing Fair starting at Colombo (Sri Lanka) from December 8-12, 2015 as Indo- Sri Lankan mutual trade has been growing steadily.

Directorate of Textiles to control all major activities of RMG sector

Related Keywords: apparel industry, Bangladesh RMG sector, BGMEA, BKMEA, control major activities, Directorate of Textiles, import of capital machinery, main export earner, Ministry of textile, permission for import, registration, sponsoring authority, to regulate RMG under new law, UD

Bangladeshi readymade garment (RMG) sector the main export earner of the country to streamline, the Directorate of Textiles is going to be vested with the authority to regulate the RMG sector under a new law --- The Textile Industries Establishment Act 2015-would take effect early next year. The new draft law proposed making the Directorate of Textiles under the Ministry of Textiles and Jute as an effective "sponsoring authority" for the apparel industry.

Aeropostale team up with Arvind group to enter into Indian market

Related Keywords: Aeropostale, aim standalone stores, American mall based specialty retailer, Arvind Group, Arvind Lifestyle, brand know for Jeans, collaborate with Textile major, fashion brand, hoodies and t shirts, launch first flagship store, shop in shop locations

Aeropostale is primarily an American mall-based specialty retailer of casual apparel and accessories targeting young women and men through its brand known for its jeans, hoodies and t-shirts. It now aims to have approximately 30 standalone stores and 25 shop-in-shop locations in the next three years for which it has collaborated with Textile major, Arvind Group firm Arvind Lifestyle to launch its first flagship store in capital of India.

Indonesia needs to improve its competitiveness before joining TPP

Related Keywords: API, discuss preparation for joining the TPP, held meeting with stakeholders, Indonesian government, ISDS, need fine tuning, textile and textile products, TPP standard, vastly improve competitiveness of industrial sector

Indonesian government had held a meeting with all stakeholders to discuss their preparation for joining the Trans-Pacific Partnership (TPP) at the Centre for Strategic and International studies (CSIS) in Jakarta on Wednesday, as Indonesia has to vastly improve the competitiveness of industrial sectors.

Pakistan jute industry likely to be affected by Bangladesh jute export ban

Related Keywords: export ban imposed by Bangladesh, hurt jute product makers, jute production, Pakistan jute mills association, Pakistan local jute industry, reliant on imported jute from Bangladesh

Pakistan local jute industry that reliant on imported jute from Bangladesh likely to face serious crisis if the export ban imposed by Bangladesh without forewarning is not lifted immediately. Jute product makers have urged the government to convince Bangladesh into lifting a ban on its fiber exports, stating that it is hurting the local industry.

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