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2014-01-02 16:41:00
IFG acquires Exelto to expand its PP production line
The Swedish Bronsstädet Group, International Fibres Group (IFG) has increased its annual capacity of Polypropylene staple fibre to around 130,000 tons and PP filament to 10,000 tons with
2013-12-31 12:10:00
GSP Plus status will help Pakistan increase export to EU, FPCCI pushing value addition
The textile industry in Pakistan is getting ready to take advantage of the GSP Plus status granted by the European Union to the country. At two listed textile companies have made significant
2013-12-12 15:08:00
India's apparel exports jump 26pc, earns over Rs 492 bn forex in April-October
Apparel exports have surged 26 per cent in the first seven months of 2013-14, touching Rs 49,200 crore. Speaking at an annual export award function Dr. Rao, Union Textiles Minister said, "The apparel
2013-12-04 17:06:00
AEPC hopes India's garment exports to touch US$60 bn in next three years
According to the Apparel Export Promotion Council (AEPC), India's garment exports would touch US$60 billion in the next 3 years, with government's assistance. Speaking on the Textile Conclave 2013,
2013-11-22 14:24:57
Powerlooms in Maharashtra demand cut in power tariff
The Maharashtra state textile minister Arif Naseem Khan has written to minister for industries Narayan Rane urging that power rates must be reduced in light of wake of strike in the powerloom sector
2013-11-20 04:42:00
Pakistan cotton production up as arrival increases 12 pc or 1 mn additional bales
World's third largest cotton grower – Pakistan, has produced more cotton than last year. Ginneries have reportedly received 9.518 million bales of cotton up to 15 November 2013, an increase of
2013-11-12 12:20:34
Polyester poised for good growth ahead, may see surplus in 2018
The US$75 billion polyester industry continued to remain as an undisputed leader in the textile Industry. Year 2012 saw its market share increase to over 80 per cent given the continuing population
2013-10-03 03:55:00
CITI urges government to restore benefits for cotton yarn exports
In a sharp reaction to a recent government notification of 25 September issued by Directorate general of Foreign Trade (DGFT) withdrawing benefits on certain products including cotton yarn,
1969-12-22 10:28:00
In TPP negotiations Vietnam's garment gets top preference
Vietnamese government in the negotiating process of the Trans-Pacific Partnership (TPP), has given garment and textile utmost preference, as it saw an export revenue increase of 18.6 percent
1969-12-22 00:00:00
Nigerian cotton subsector received N100bn for cotton production through GSC from BoI
Cotton production has been a driving force for economic development in Nigeria. The Federal Ministry of Agriculture and Rural Development announced that the cotton subsector had received N100bn from
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