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Traditional handspun Pashmina shawls sector losing over modern spinning mills

Related Keywords: Kashmiri weaver, Pashmina shawls

The Kashmiri handspun Pashmina shawls spinning industry is vanishing with the shift from traditional to modern spinning mills. Now-a-day, not even 20 percent of shawls are being manufactured, hitting the livelihood of Kashmiri artisans.

Bangladesh Jute ministry to propose for 10 percent export subsidy

Related Keywords: Bangladeshi jute sector, export subsidy

With the Bangladesh government releasing a total of Tk 25.92 billion as cash incentive in the fiscal year 2013-14 to encourage jute and jute goods sector. The Ministry of Textiles & Jute feels the need to increase export subsidy on jute yarn in the upcoming fiscal year to further lift exports to the international market.

The Ministry of Textiles & Jute would be putting forward proposal to the finance ministry to increase the export subsidy offered to jute sector from 7.50 percent to 10 per cent.

National award winning weavers endeavor to promote traditional textile

Related Keywords: handloom textile, Indian weaver, traditional fabric

Indian National award winning weavers displaying traditional fabrics and handloom textiles not commonly found in markets at the second edition of the ongoing ‘Summer Weaves 2014’ exhibition, in an attempt to promote traditional textiles.

Tribal weavers Gobardhan Panika and his wife Jema both winners of national award rom Kotpad town of Odisha, have been put on show organic hand woven cotton fabrics dyed using natural colours which is now a day’s made by very few people.

Johnson Controls develops new fresh per4mance automotive fabric coating

Related Keywords: fabric coating, Johnson Controls

Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Johnson to keep the automotive seats clean and hygience as the seats are used throughout a vechicle’s lifetime has developed a fresh per4mance coating which will help keep textiles liquid-repellent, stain-resistant, antistatic and antimicrobial.

Pakistan holding half a million of unsold cotton stock from current season

Related Keywords: Pakistan cotton market, Pakistan ginnery

Pakistan ginners are encumbered with nearly half a million unsold bales from the current season. They were anticipating better prices to meet the demand of European Market after have got the status of GSP-Plus but prices have fallen down beyond their expectations. The Pakistan Cotton Ginners Association (PCGA) hold responsible the policy makers for allowing import cotton and yarn from India.

Vietnam’s TPP invites top textile investors

Related Keywords: chinese investment, TPP, Vietnam garment industy

Vietnam garment and textile sector has been drawing in investment projects from China, Taiwan, and Hong Kong of which China’s investment in Vietnam have been increasing piercingly Vietnam in anticipation of the signing of the Trans-Pacific Partnership (TPP) in additional will have access to lucrative market that would come with it.

Govt declares disbursement of its last installment of cash incentive for exporters

Related Keywords: Bangladesh government, cash incentive, jute sector, textile sector

The Bangladesh government had announced cash incentives of Tk 25.92 billion to 19 export products for the current fiscal year to promote sales overseas and to encourage exporters to explore new potential market for Bangladeshi products. The last or fourth installment of cash incentive amounting to Tk 6.48 billion has been released for disbursement among major exporters for the fiscal year (FY) 2013-14.

The central bank has been directed by Ministry of Finance (MoF) this Thursday to start with the disbursement of incentive for the period of April to June 2014.

Fabindia bring in western wear brand for today’s youth

Related Keywords: ethnic wear, Fabindia, western wear

Fabindia is India’s largest private platform for products that are made from traditional techniques, skills and hand-based processes by craftspeople across rural India. Fabindia, which is into ethic wear for five decades, will be out with its Western wear brand Fabel next week.

Fabindia had started the process of recreating after it sensed that it was not getting any younger moreover ethnic is no more of a everyday wear but has turned to be clothing for occasions or to an evening wear.

New revised cotton target fixed at 15.19 million for the season 2014-15

Related Keywords: cotton target, Pakistan cotton industry

Pakistan government decides to increase its cotton target by 2.86 million bales keeping in view of crop size. Now the revised cotton target is fixed at 15.19 million from the area of 3.128 million hectors for the season 2014-15.

With the aim of invigorating the Pakistan Central Cotton Committee, the decision to reset the cotton target for the season 2014-15 was agreed by the Federal Committee on Cotton agreed to this decision

Cotton ginnery set up for developing cotton value chain in Mumbwa

Related Keywords: CEEC, cotton ginnery, cotton value chain

A cotton ginnery has been set up for developing cotton value chain in Mumbwa district of Central province with an investment to the tune of about K5 million. Out of the total K5 million, Citizens Economic Empowerment Commission (CEEC) has funded about K3.5 million while K1.5 million came in from the Ministry of Agriculture and Livestock.

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