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2014-01-22 17:00:00
SarlaFlex Inc. secured $13 Million in NMTC Financing to expand yarn and thread facility
Sarla Performance Fibers, based in Mumbai, India, under the name SarlaFlex Inc. to redevelop a manufacturing facility in rural South Carolina into the company's first U.S. based yarn and thread plant
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
2014-01-18 11:00:00
Cotton production expected to rise on improved acreage, higher MSP in India
India having good monsoon this year, marginal improvement in acreage as well as the yield, coupled with an announced hike in the Minimum Support Purchase Price (MSP), research firm CARE Research
2014-01-17 15:50:00
Cotton prices rose higher as buying interest revives from spinners
Cotton prices rose higher on Thursday as buying interest revives from leading spinners. The ginners who had been reluctant to dispose of their stocks readily obliged buyers at higher price calls.
2014-01-15 13:00:00
Chinese yarn makers shifting overseas unhappy by local cotton prices
Chinese yarn makers have started shifting production overseas to secure cheaper raw materials, even going as far afield as the United States. The world's largest, firms such as Hong Kong-listed
2014-01-13 17:00:00
BKS, first company to start processing pashmina wool in Nepal
Byabasayik Krishi Sahakari, (BKS) an agricultural cooperative, has recently started processing the wool collected from goats known as chyangra which dwell in the high hills in Mustang district. It is
2014-01-13 14:00:00
Lack of credit line creates obstacle for powerloom owners to modernize
In Faisalabad, approximately 250,000 power looms and 80,000 auto shuttle looms are working. Most of these powerloom needs upgradation to product quality products with the grant of the Generalised
2014-01-12 15:00:00
Constant demand for cotton leading to rising trend in prices
The constant demand from leading spinners for quality cotton has maintained rising trend in lint prices. However, on the other hand slow arrivals of phutti (seed cotton) have kept trade volume from
2014-01-10 09:45:00
Pakistan textile sector going through speculations with surge of foreign interest
Pakistans textile sector is going through speculations these days with a lot of hearsay has been circulating in the market for the last couple of weeks, about foreign buyers vying for numerous
2013-11-26 12:32:00
APTMA wants India to remove non-tariff barriers boost bilateral trade
In order to boost bilateral trade between the two neighbouring countries, the All Pakistan Textile Mills Association (APTMA) chairman Yasin Siddique has urged the Indian authorities to remove
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