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2014-01-22 15:45:00
Govt announces 10% rebate on purchase of woollen yarn
Union Minister for Textiles K S Rao has announced 10 percent rebate on purchase of yarn, which was only available for handicraft sector, shall be now available on purchase of woollen yarn as well to
2014-01-21 16:40:00
Cotton price remained high due to lower availability
Cotton price remained on the higher side in Pakistan due to lower availability of high quality cotton, while arrival of cotton to the local markets slowed down. Cotton price increased to Rs7,350
2014-01-21 11:15:00
Pakistan textile and clothing export reached $6.944b in the first half
Pakistan's textile and clothing export reached $6.944 billion, a growth of over 8.36 percent in the first half (July-December 2013) of the ongoing fiscal year from a year ago from $6.409 billion
2014-01-21 10:45:00
EBITDA margin of cotton yarn industry expected to see growth in FY14
CARE Research looks ahead to EBITDA margins of cotton yarn industry improving in FY14. However, the industry’s net margins would be constrained by the rising interest cost (due to burgeoning
2014-01-21 10:00:00
Government aiming to achieve textile export target of $60 billion in 2014-15
The government is setting up exports target at $60 billion for the next financial year (2014-15), a jump of over 30% from the current financial year after having seen the potential and encouraged by
2014-01-20 11:25:00
Pakistan textile sector demands restoration of zero-rating regime
Pakistan textile sector demanding restoration of the zero-rating regime, the decision to withdraw zero-rating has adversely affected exports at a time when huge amount of Sales Tax Refunds are
2014-01-19 15:20:00
Textile Ministry urges government to increase the duty drawback rate
The Indian textile industry will have a major impact due to the decision of the European Union to give zero duty status to Pakistan. In order to overcome this situation, a proposal has been put
2014-01-15 11:00:00
Bangladesh to see increase in knit exports over wovens
The Bangladesh Knitwear Manufacturers & Exporters Association (BKMEA) sees knit readymade garment exports likely to exceed wovens again this year in the next couple of months. Performance of knit
2014-01-14 15:10:00
Govt to provide various incentives to keep home, specialised textiles afloat
Bangladesh textile industry faces a stiff competition from Pakistan, China, India and some other cotton producing countries. As an encourage to this sectors and to keep the home textile and
2014-01-13 16:35:00
India exported textile and apparels worth $15bn in H1 2013-14
Indian textile and apparels exports in the first six months of the current financial year 2013-14 as per the latest data revealed by RBI earned nearly 15 billion dollars (around Rs 92,926 crores).
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