Korea has shown interest to help establish Technical Textile Center at the National University of Textiles Faisalabad for which she is willing to provide Rs 600 million in technical assistance, machines, equipments and manpower training.
An official source said the government would have to provide only Rs 60 million to functionalise the center at the NTU Faisalabad. The funding is likely to be provided at the start of next fiscal year. The project will help initiate and establish the emerging field of technical textiles industry in Pakistan.
Technical textiles is an emerging area of high value addition. Pakistan will have to make concerted efforts to get share in the world market. This requires lots of investment in the research and development. The government still has to develop a proper strategy for the promotion of technical textiles in the country.
The proposed center can become a hub for excellence to impart training, develop skills of human resource, and provide relevant information in fields like geotech, meditech and sportech.
The Korea International Cooperation Agency (KOICA) will provide equipment to the center. Korea has already assured to provide latest equipment worth Rs 300 million during this year, the source said. The establishment of the center will help development of value-added and quality products chain in the country.
Hologenix, a leader in infrared technology fabrics, has partnered with Austria’s renowned bedding brand HEFEL to launch the Wellness Retreat…
Sicomin, a leader in bio-based epoxy systems, has partnered with MADskis, a Swiss brand known for its handcrafted, sustainable ski…
Athleisure brand CAVA has launched ADPTTM, their first innovative fabric and technology combination designed to provide all-day comfort and ease…
The Office of the United States Trade Representative has released a series of policy papers aimed at strengthening the resilience…
Combining advanced technology, wellness science, and denim craftsmanship, Soorty has launched its latest fabric, Collagen Denim at Kingpins Amsterdam last…
Bonjour has introduced eco-friendly bamboo socks made from sustainable bamboo fabric which offer excellent breathability and natural odour resistance.