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2018-02-26 10:00:00
Cotton imports set to rise as textile mills prefer U.S. cotton
As textile mills increasingly prefer to buy cotton from the U.S. in larger quantities. According to trade and industry sources, cotton imports this season might surpass the official estimate of 17
2018-01-24 15:00:00
Sales tax, duty on cotton imports withdrawn
The Federal Board of Revenue (FBR’s) notification states that textile sector will avail the benefits on imports of raw and ginned cotton having withdrawn sales tax and customs duty on cotton
2017-12-07 16:00:00
Govt in its mid term FTP 2015-20 review announces new measures to boost trade
The Indian government in its mid-term review of Foreign Trade Policy (FTP) 2015-20 has announced a slew of new measures will be boost trade facilitation and ease of doing business. Union Commerce and
2017-02-06 16:00:00
Turkish duty on US cotton to hit competiveness of its own textile exports
Turkey’s plan to impose 3 percent anti-dumping duties on U.S. cotton imports saying that imports were hurting domestic cotton production. But this will drive up costs for its own textile
2017-01-06 13:30:00
Textile mills hopes to see boost in fourth quarter results
Textile mills are banking on the textile ministry's move to allow mills to pay only 10 percent of procurement money that has come as a breather. The move could ease production cost in the last
2017-01-02 12:00:00
Vietnamese textile sector workers need retraining to compete with robots
With the technology movement in Vietnam, millions of workers in the textile sector to get affected, according to a survey by the Chamber of Commerce and Industry of Vienam on labour market
2016-12-09 10:00:00
Eclat Textile plans to close its Chinese manufacturing base in Wuxi
ECLAT Textile, Taiwan’s largest technology-based textile company, professional functional and flexible knitwear fabric producer and apparel manufacturer decides to completely close Chinese
2016-09-15 15:00:00
India’s cotton output likely to fall to 540kg in 2016
India's cotton yields have fallen from 566kg per hectare in 2014 to 504kg in 2016 which is already among the world’s lowest. Fall in yield is due to delayed rains and white fly problems in
2016-08-30 15:00:00
Rwanda textile industry hampered by heavy import duties on raw material
Made-in-Rwanda campaign launched in 2014 might be slowed down if more incentives are not introduced by the Government to promote locally manufactured clothes. As heavy custom duties are hampering the
2016-04-29 17:00:00
India losing out in global apparel market, World Bank report
India is losing out in the race for a greater share in the global apparel market to countries such as Cambodia, Indonesia and Vietnam being relinquished by China. It needs to reduce duties on import
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