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2016-09-12 12:00:00
CM Fadnavis inaugurates first integrated textile park in Vidarbha
Chief Minister Devendra Fadnavis performed bhoomipujan of Gimatex Industries Private Limited’s first Integrated Textile Park in Vidarbha and new extended spinning unit at Hinganghat. The first
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
2016-08-31 17:30:00
IDC signs MoU with Japanese textile firm to revamp Mulungushi Textiles
THE Industrial Development Corporation (IDC) has signed memorandum of understanding with Marubeni, a Japanese textile company, to rehabilitate Mulungushi Textiles Limited in Kabwe and will also set
2016-08-30 13:00:00
Pakistan likely to achieve 13m bales cotton production in coming season
Pakistan likely to achieve approximately 13 million bales of cotton production in the coming season that will help recover its cotton losses from last year. This was informed at the fourth meeting of
2016-08-29 16:00:00
Pak govt on import of textile waste used as raw material collects 22pc tax
Pakistan’s spinning mills importing fabric waste are forced to pay 17% sales tax and 5% withholding tax at the import stage, which they cannot recover due to overall zero-rating status of the
2016-08-26 14:00:00
Nigerian textile import hits around N1.32 yearly
Nigeria has the potential to produce for the local market and also export to the Economic Community of West African States (ECOWAS) market of 175 million people, as well as to the developed world but
2016-08-26 12:45:00
Ogun govt signs MoU with Arewacotton on cotton production
Ogun State Government has signed a Memorandum of Understanding (MoU) with Arewacotton Limited, an indigenous natural fibre company, to produce, process and market cotton in the state. The
2016-08-02 15:00:00
Official opening of Mulungushi Textiles brings Kabwe back to life
PRESIDENT Edgar Lungu noting that time had come for the country to embark on a crusade of embracing value addition and revival of the textile firm was set to meet aspirations, yesterday Mulungushi
2016-07-27 16:00:00
India plans to launch its own cotton price Index
India, in its attempts to curb speculations across various markets and trading platforms, and bring about further transparency in the price discovery mechanism is planning to launch a cotton price
2016-07-18 15:30:00
SIMA welcomes Union Textile Ministry's decision to sell cotton through CCI
Southern India Mills Association (SIMA) Chairman M Senthilkumar thanked the Ministry of Textiles for actively considering the Association plea of selling the cotton only to the actual users and
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