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2014-09-08 11:00:00
Uzbekistan to increase internal processing of cotton fibre to 70% by 2020
Uzbeklegprom State JSC has planned a five year project from 2015-2020 to increase domestic processing of cotton fiber for which the company will direct about US$1 billion and decrease its exports in
2014-08-22 15:30:00
Sri Lankan ongoing export push continue narrowing its trade deficit
Sri Lankan trade deficit for the six months ended June (1H’14) narrowed 20.1 percent to US $ 3.55 billion, driven by exports which grew by 16.8 percent YoY to Rs. 5.44 billion. However, the
2014-08-03 17:00:00
Vietnam fails to reach its FDI targets over policy shortcomings
Investors continue to pour money into labor-intensive manufacturing (particularly garment and footwear and automobile factories) which mostly rely on imported materials and equipment. According to
2014-07-23 08:30:00
Gujarat show mammoth interest in TUFS with 90pc applications
Gujarat textile industry taking maximum benefit from the Technology Upgradation Fund Scheme (TUFS). In TUFS under 15 percent MMS, 90 percent of the application were received from Gujarat, stated
2014-05-08 06:30:00
Small powerloom units to benefit from hire-purchase scheme under TUFS
TUFS facilitates modernisation and upgradation of textiles industry by providing credit at reduced rates to entrepreneurs both in the organised and the unorganised sector in the textiles industry.
2014-04-03 16:10:00
Vietnam might face challenges to take complete advantage over TPP
Vietnamese products are made from material imported from China with the Trans Pacific Partnership (TPP) agreement which will be finalized this year to foresee ‘yarn forward’ principle.
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