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2015-10-08 10:00:00
Govt plan to replace interest subsidies with other forms for textile sector
The Technology Upgradation Fund Scheme (TUFS) was introduced to make available funds to the textile industry for upgrading technology at existing units as well as to set up new units with
2015-10-02 10:00:00
SIMA welcomes RBI’s effort for repo rate cut will benefit textile industry
Southern India Mills’ Association (SIMA) chairman M Senthilkumar welcomed the RBI’s effort for reduction of repo rate by 50 basis points to bring it at 6.75 percent. The move will
2015-07-06 14:00:00
Japanese investors show growing interest in Myanmar but with caution
Businesses from Japan are showing interest in Myanmar’s untapped potential and a distinctive culture such as hand woven textiles but are investing cautiously as Myanmar has a range of
2015-06-02 12:00:00
EURATEX organized round table for young entrepreneurs to discuss business opportunities
EURATEX is the European Confederation representing the interests at the level of the EU institutions of the European textile and clothing industries as a whole. EURATEX during its General Assembly on
2015-05-27 13:00:00
Cotton price for second consecutive session moved lower
Pakistan cotton prices for the second consecutive session moved lower. On Tuesday, cotton prices came under pressure due to lack of buying interest. The Karachi Cotton Association (KCA) also reduced
2015-03-15 10:00:00
Textile industry seeks cut in duties and higher funds allocation for growth
Textile industry are seeking reduction in excise and import duties while pitching for higher fund allocation as it will enable Indian textile industry to achieve a substantial growth rate in the
2014-07-21 22:00:00
Ruyi Group losing interest in the Quaid-e-Azam apparel park project
The Shandong Ruyi Group, a joint venture between Chinese and foreign investors headed by Qiu Yafu, is a hi-tech enterprise, who were planning to invest immensely in the Quaid-e-Azam Apparel Park,
2014-04-15 09:00:00
Revaluation in Pakistan exchange rate to cause adverse effect on export revenue
Pakistan exchange rate see a sudden 12 percent revaluation of the rupee from 108 to 96 a dollar will is likely to cause an adverse effect on export revenue. The value-added textile industry is
2014-03-14 16:00:00
Integrated textile mall coming up at powerloom hub of Erode
To improve the marketing of the powerloom products produced within a radius of 70 km from Erode, it was important to have a textile market complex at Erode. A special purpose vehicle named
2014-01-20 16:50:00
Viscose fibre prices up for second consecutive week,
Asian viscose staple fibre markets in Asia although described as quiet in the week ended 17 January 2014, prices continued to move up. However, as downstream mills in China were in the process of
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