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Related Keywords: deemed import basis for PSF, enhance MMF content in export products, implemented an incentives-laden, Knitwear, Pakistan Bureau of Statistics, Pakistan export of value added textile product, ready garment export, rise in preferential access, textile package, to European union under GSP plus scheme, witnessed raise

Pakistan’s exports of value-added textile products witnessed raise by 7.5 percent to $4.517 billion in 2014-15 from $4.202bn a year ago. Also exports of readymade garments grew 10.5pc to $2.101bn from $1.909bn, and of knitwear raised 5.37pc to $2.416bn compared to $2.293bn during the previous year. The reason behind the rise is preferential access to the 28 nation European Union under GSP plus scheme, according to the Pakistan Bureau of Statistics said on Monday.

Related Keywords: bumper production of jute, Department of Agriculture extension, Farmers in Jamalpur district, favourable climate, four varities of jute cultivated, growing rapidly, jute production, more land under cultivation

Jute plants are growing rapidly due to the timely rain and sunlight, ideal conditions which is available this year. Farmers in Jamalpur district are likely to see bumper production of jute, according to Department of Agriculture Extension (DAE).

The farmers have brought 44,868 hectares of land under jute cultivation in the district this year and four varieties of jute have been cultivated in the district with a production target of 4,82,201 bales of jute.

Related Keywords: affected over closure, allegedly violating pollution norms, business suffering, cloth texture depends on its processing, drying procedure and printing, Ichalkaranji based textile units, lakh of powerloom, NGT orders shut down, produce grey cloth, supplied to Balotra for processing, textile units in Balotra area

Over 739 textile units in Balotra area of Rajasthan have been shut down since May following the National Green Tribunal's (NGT) orders for allegedly violating pollution norms. This has created a major problem for Ichalkaranji-based textile units which has 1.25 lakh powerloom units that produce one crore meter grey cloth every day of it at least 30-40% cloth is supplied to Balotra area where it is processed in a particular way.

Related Keywords: create of formal platform, depend upon German textile machinery, foreign investment opportunities, German Engineering Federation Textile Machinery Association, German machinery industry, Germany and Vietnam, JCC, push to establish Joint Chamber of Commerce, stimulate trade relation, Vietnam textile industry

Germany and Vietnam pushing to establish a Joint Chamber of Commerce (JCC) has affirmed both nations’ desire to further trade relations and foreign investment opportunities. According to Vietnam Chamber of Commerce Industry President Dr Vu Tien Loc, both Germany and Vietnam are hopeful that a German Vietnam JCC will create a formal platform to cultivate diplomatic communication, stimulate trade missions, and create an environment for increased long term investment of German industries in Vietnam.

Related Keywords: Ambassador of Denmark, challenge of energy crises, GSP-Plus status, Jesper Mollar Sorensen, many Danish companies, Pakistan Hosiery Manufacturers and Exporters Association, strength bilateral trade ties, visible improvement in governance, xpected to establish their offices

Ambassador of Denmark, Jesper Mollar Sorensen addressing a dinner hosted in his honour by Pakistan Hosiery Manufacturers and Exporters Association (PHMA) said that many Danish companies have completed their home work and are expected to establish their offices in Pakistan following visible improvement in governance and law and order situation.

Related Keywords: addition to production capacity, expand its Schwarzenbach location, for hygiene materials, leading Bavarian nonwovens manufacturer, make investment, new production building, Sandler AG

Sandler AG, the leading Bavarian nonwovens manufacturer, has invested EUR 17 million in its Plant 5 building, which encompasses an area 22,750m2 which is scheduled to complete the construction of a new production building by the end of this year.

As a next step, a new nonwovens production line for hygiene materials will be installed. Investing another EUR 26 million in this addition to production capacity, Sandler is also expanding an important sales market, the company reports.

Related Keywords: additions in capacity, board approval, establish leadership position in market, expansion project, Nitin Spinners, Rajasthan based cotton yarn manufacturer, Ring Spinning and Rotor Spinning facilities, widen the range of its cotton products

Nitin Spinners, a Rajasthan-based cotton yarn manufacturer at the board meeting got approval of Rs 300 crore for expansion project to widen the range of its cotton products and to establish leadership position in the market.

The Board of Directors of the Company have approved expansion project for additions in the capacity of Ring Spinning & Rotor Spinning facilities at the existing location, The new plant would come into operations in second half of FY16, Nitin Spinners' said in a BSE filing.

Related Keywords: at the government level, benefit and promote the development of relations, distribution channels, India as textile brand, International Economic Forum to be held, not established yet, purchasing structure, Russian textile market, undergoing changes, work on promoting Brand India in Russia

The Russian textile market, as well as all the other industries, is undergoing changes. These changes take place both in the purchasing structure and in distribution channels. India as a textile brand has not established itself in Russia yet. No professional work has been done in this direction, and the responsibility for this lies on both sides.

Related Keywords: cotton industry, expand and purchase equipments, faclitate operations, investors to take advantage of emerging business opportunities encourage cotton farming, Kenyan government, Rift Valley textile mills, Rivatex, spend millions to revive

The Kenyan government will be spending 680 million Shilling ($6.8 million) to revive, expand and purchase equipment to facilitate operations at the Rift Valley Textile Mills (Rivatex) in Eldoret town, Uasin-Gishu County, Deputy President William Ruto said.

The deputy president urged investors to take advantage of emerging business opportunities in the country to initiate development projects. The project is being spearheaded by Moi University.

Related Keywords: current financial year, encouraging exports, export of textiles, Santosh Kumar Gangwar, targeting a growth of fourteen percent, Technology Upgradation Fund Scheme, textiles minister, through Merchandise Exports from India Scheme

Textiles Minister Santosh Kumar Gangwar in his written reply to Lok Sabha mentioned that the export of textiles for the current financial year (2015-16) targeting a growth of 14 percent has been fixed at USD 47.5 billion from actual exports of USD 41.6 billion in 2014-15, parliament was told on Thursday.

He also said that the government is encouraging exports through Merchandise Exports from India Scheme (MEIS), which has recently been modified to include the markets of Bangladesh and Sri Lanka.