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2014-01-20 09:00:00
India likely to increase textile production level to $220 bn by 2020
Union Textile Minister Kavuru Sambasiva Rao is of the view that the current India’s annual production level of textile goods which is $90 billion is likely to increase to $220 billion by 2020
2014-01-20 00:00:00
Phutti (seed cotton) witnessing falling trend in growth
Phutti (seed cotton) fortnightly arrivals have been witnessing falling trend in growth from 15.27pc recorded up to December to 13.75pc in middle of the month and to 9.36pc up to Jan 1, and now 7.16pc
2014-01-19 15:20:00
Textile Ministry urges government to increase the duty drawback rate
The Indian textile industry will have a major impact due to the decision of the European Union to give zero duty status to Pakistan. In order to overcome this situation, a proposal has been put
2014-01-18 11:15:00
Tax at source for apparel and textile sector reduced to 0.30pc by Bangladesh govt
The Bangladesh government has reduced tax at source for the apparel and textile sector to 0.30 per cent from the existing 0.80 per cent. The directive came following the apparel makers demand to
2014-01-18 10:30:00
Colombia all set to welcome international buyers at the trade show
Colombia is all set to welcome around 1,750 international buyers from 28 countries to the 26th annual Colombiatex trade show in Medellin from 12-13 January 2014. In addition, there will be 500
2014-01-18 10:00:00
Egypt's cotton exports affected by rise in its local price
Egyptian rising cotton prices at the local market this year, ensuing a decline in local production brought about by reduced acreage and the lifting of an import ban have hit the Egypt’s cotton
2014-01-15 11:00:00
Bangladesh to see increase in knit exports over wovens
The Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA) sees knit readymade garment exports likely to exceed wovens again this year in the next couple of months. Performance of knit
2014-01-13 15:45:00
Iran fronts the export market for its hand-woven carpets
Iran is the leading exporter of hand-woven carpets. Persian rugs are highly in demand for their intricate design and skilled craftsmanship. Iran has exported 80 percent of its hand-woven carpets to
2014-01-13 14:00:00
Lack of credit line creates obstacle for powerloom owners to modernize
In Faisalabad, approximately 250,000 power looms and 80,000 auto shuttle looms are working. Most of these powerloom needs upgradation to product quality products with the grant of the Generalised
2014-01-13 12:00:00
Bangladeshi home textiles exports growing weaker
The Bangladeshi home textile exports have declined due to political unrest and inadequate supply of gas in the dyeing factories. Hampering production and compelled them to spend more to generate
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