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2016-04-30 16:00:00
Sri Lanka’s apparel export sector likely to face challenge of TPP
Sri Lankan textile exports are expected to experience a downfall because of the U.S. led Trans Pacific Partnership (TPP) trade pact. Competition from TPP signatories such as Vietnam could deal a blow
2016-04-30 11:00:00
Govt needs to give greater priority to textile sector to boost exports
The country's total exports of textiles and clothing in 2015-16 stood at USD 40 billion as against USD 41.4 billion in 2014-15, a marginal decline of 3.4 per cent. In the absence of adequate policy
2016-04-22 13:00:00
Indian textile sector needs to revamp labour conditions
Taking the example of Apple Inc., which tackled poor wages and working conditions at the factories of its partner Foxconn in China after criticism from consumers among others, the labour conditions
2016-03-22 16:00:00
Tax concessions to help revive yarn units of Punjab and Haryana
Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions
2016-02-22 12:00:00
TPP ‘yarn-forward’ clause likely to encumber Indonesian textiles
The Indonesian Textile Association’s (API) advisory board chairman, Benny Soetrisno while speaking at the recent press conference said that the US-led TPP is likely bring more benefits than
2015-12-03 16:00:00
Maharashtra’s dying textile sector to see revival
A delegation of big textile industrialists met Chief Minister Devendra Fadnavis on Wednesday, sought subsidies in power tariff on high-intensity operating machinery in their powerlooms. In the state,
2015-11-19 15:00:00
Interest equalisation scheme to help textile sector and boost exports
Cabinet Committee on Economic Affairs has given approval for interest equalisation scheme (earlier called Interest Subvention Scheme) on pre and post shipment rupee export credit with effect from
2015-08-10 16:00:00
Zimbawean textile sector welcomes the removal of blankets on Open General Import Licence
Finance minister Patrick Chinamasa announces removal of blankets from the Open General Import Licence for a period of 24 months, as it would boost their capacity which was welcomed by the Zimbabwean
2015-08-05 11:00:00
Shahbander to help Egyptian textile makers connect online
To help modernize the textile industry in Egypt, siblings Fatma, Mahmoud and Mohamed El Esnawy after graduating from AUC Venture Labs founded Egyptian startup Shahbander in 2013. They wanted to
2015-08-01 13:00:00
FICCI proposes measures to boost textile sector
The panel of FICCI Textiles Committee chaired by Shishir Jaipuria met the Finance Minister Arun Jaitley on Saturday to discuss issues related to the textiles sector and pitched increase in
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