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2015-07-10 12:00:00
Export potential for Indian synthetic yarn industry sees sharp decline again
Export potential for synthetic yarn in the Indian industry is seeing a sharp decline again with the dwindling Chinese economy. The recent market crash in China has a lot to do with bleak outlook of
2015-07-08 14:00:00
Indian textile sector likely to see overall stable growth with some hurdles in the current financial year
The Indian textile sector has a stable outlook on the account of lower input costs, robust domestic demand and competitiveness in apparel exports in the current financial year, according to report
2015-05-10 11:00:00
Himachal weaving industry faces difficult with end of subsidy on woollen yarn
Himachal state's weaving industry that was already reeling under crisis for want of proper policy industry. The downward slide in the industry began in late 90s owing to increased competition, lack
2015-03-31 10:00:00
Home textile producers from Faisalabad in crisis for the second time in seven years
Globally, depreciation of the euro and the crisis in the eurozone, as well as plummet in international cotton prices has adversely affected export of home textiles and finished fabrics put a majority
2015-02-27 06:16:02
Rising labour costs in 2014 pushes global sourcing costs to increase
2014 saw more wage strikes, resulting hikes and general unrest among workers when rates were not sufficiently raised. But despite discontent among the workforce, wages are up worldwide and labour
2015-02-12 11:00:00
Southern India spinning mills urge textile ministry to expedite bailout package
The spinning mills of southern India is currently facing inevitable liquidity crunch caused by increasing yarn stock, poor offtake and long pending TUF subsidies. Southern India Mills’
2015-01-03 15:00:00
India sought clarification from the WTO on phasing out the subsidy for textile exports
India’s textile and garments sector employ over 35 million people and accounts for over 12% of its total exports. The export subsidies offered by India for Textile and Clothing are under
2014-12-22 17:32:00
China’s textile industry looking for greener pastures in Africa
Rising labour costs, raw materials and slowdown has been staring at textile industry in China for quite some time now. And a move to expand outside China is also discernible to wade of from high cost
2014-12-16 10:00:00
Chinese group acquired one fourth of Masood Textiles total shareholding
Shanghai Challenge Textile Company, a Chinese company purchased 14.6 million shares of Faisalabad-based company Masood Textile Mills, which constitutes 24.3% shares roughly one fourth of the total
2014-12-06 15:00:00
Mills continue routine buying to meet their need, no extraordinary trading was seen
Pakistan ginners not pleased with current direction of price after the Trading Corporation of Pakistan (TCP) starting its procurement plan. Further due to decline in cotton yarn prices traders
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