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2016-12-07 15:00:00
Jute supply plummeting after the monetary reform
With the decline of cotton supply to textile units vis-a vis demonetization, the jute supply is also following a similar trend. The supply of raw jute to mills estimated a disruption in the sourcing
2016-09-08 14:00:00
MoU signed between IDC, Marubeni aims to rehabilitate Mulungushi Textiles
The signing of memorandum of understanding (MoU) between Industrial Development Corporation (IDC) and a Japanese company Marubeni with expertise in the textile industry at the just ended sixth
2016-09-07 15:00:00
Govt on the verge of implementing GST of 12% for textile industry
The government has so far incentivized the textile industry that has been one of the largest contributors to the country’s exports and provider of jobs to million. The latest being the
2016-03-07 14:00:00
Nigerians to import textile worth $140mn by Q4 2016
Nigerian textile import is on rise, in this current year during the fourth quarter Nigeria would spend about $140 million (N27.5 billion) on imported textiles. as the Nigerian textile industry is
2015-07-17 16:00:00
EU and US in process of negotiating TTIP may create opportunities for textile and clothing sector
The European Union and the United States, two of the biggest economies in the world are going far beyond what has been done previously in any agreement except the EU’s single market. They are
2015-03-16 12:15:00
Global demand lures Bangladeshi home textile manufacturers to make invest
Bangladeshi home textile entrepreneurs despite challenges like European Union’s GSP facility to Pakistan and current political turmoil are lured to make more investment in the sector due to
2015-01-21 11:00:00
MIL plans to hit the 100cr export fig in this financial year
Mohit Industries Ltd is a business conglomerate that undertakes in Textiles and AAC Blocks Business. The company is today, one of the top manufacturers of fabrics and texturised yarn in the nation.
2015-01-06 11:00:00
Indian synthetic fibre and yarn producers insist for zero excise duty on MMF to spur exports
India is one of the largest producer of man-made Fibres in the world with presence of large plants having state-of-the art technology. MMF textiles constitute almost two-third of the domestic textile
2014-11-18 17:00:00
Bangladesh Bank likely to give similar facilities for pvt jute mills as state owned mills
The Bangladeshi private jute millers are facing acute fund constraints due to decline in exports of jute goods. Under the Bangladesh Jute Mills Association, the mills have been demanding similar
2014-01-27 16:45:00
China world's largest cotton producer hit hard by soil residue
China the world’s top cotton producer in 1980s adopted plastic mulch technology, domestic agrotechnicians hailed it as a "white innovation." As film-mulched cotton fields have higher soil
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