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Revaluation in Pakistan exchange rate to cause adverse effect on export revenue

Related Keywords: Pakistan exchange rate, value-added textile industry

Pakistan exchange rate see a sudden 12 percent revaluation of the rupee from 108 to 96 a dollar will is likely to cause an adverse effect on export revenue. The value-added textile industry is concern over this and urged for government support to even out this negative effects of sudden appreciation of the exchange rate on their revenues.

While, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has demand to put in place a system which will support the exporters from the negative impact of rupee revaluation on their tight liquidity.

High cost restrains Sutlej from setting up textile plant in Ethiopia

Related Keywords: Ethiopian local textile sector, Sutlej Textile, textile plant

Sutlej Textiles and Industries Limited, India's leading textile producers with a value-chain extending from yarns to fabrics to home textile. The company’s strong endeavor to set up a textile plant in for the past seven months has failed to achieve any success till now. They are in communication with Ethiopian government officials to push their plan ahead. Sutlej has a turnover of 20 billion rupees or close to eight billion birr annual

BD MoC takes up the initiative to increase export markets for jute and jute goods

Related Keywords: Bangladesh jute export, jute mill

The Bangladeshi ministry of commerce (MoC) takes the initiative of not only increasing exports of jute and jute products to the international market but to expand its export markets. As its export earnings from jute and jute goods has dropped by more than 30 per cent during the period July-January of the current fiscal year. It earned only US$ 592 million against US$ 646 million during the same period in the last FY.

Erbel with Rieter to participate in Kahramanmaraş KTM 2014 Exhibition, a textile investment end

Related Keywords: after sales service, Erbel, KTM 2014 Exhibition, manufacturer of spinning machinery, Reiter

Erbel Mümessillik, is one of the strong and well established representative companies of Turkey who began its sectoral journey with Rieter, manufacturer of spinning machinery in 1974. Erbel brought an innovative representative style of fast after-sales service and not just machinery sales, reached a strong position.

Task force to clear pirated textile stocks from Ghanaian textile market

Related Keywords: Ghanaina textile market, pirated textile

Ghanaian textile market is currently full with African textile prints poorly and cheaply printed using stolen designs moreover; some of these unoriginal African prints have logos and trademarks of the original owners, which have created confusion amongst the buyers.

Syrian textiles sector trying to reinstate its status by organizing trade fair

Related Keywords: Motex fair, Syrian textile industry

Syrian Exporters Association in cooperation with Exports Development and Promotion Agency and the Syrian Exporters Union has organized Syria MOTEX fair, with the focus to promote Syrian textiles and reinstate its eminence back. Syria specializes in clothing and fashion.

The 114 Syrian textiles, fabrics and clothing companies are taking part in the fair to showcase their numerous products including Children’s wear, underwear, covers, luggage and hosiery which began on Sunday at the Hilton Hotel in Beirut.

Sungudi Sourashtrians garment producers crave for government help

Related Keywords: Sourashtra community, Sungudi garments

TamilNadu in India has always been a well-known place for the production of Sungudi garments. But the community which is engaged in the fame of this small region, especially, Madurai is being neglected by the government.

Around 5,000 people of the Sourashtrian community are affianced in its production. TamilNadu itself has a population of 20 lakh Sourashtrians. Of these, 2 lakh people live in Madurai. But the thing to ponder upon is such a large number of population is not encouraged or backed by the government.

Peruvian children wear exports declines due to trade hurdles affecting free trade

Related Keywords: Peruvian children wear export

US is the main destination for Peruvian children wear exports, which accounts to nearly 64.2 percent of the total children’s clothing exported from Peru. But there is a declined seen by 6.6 percent to the US during the first two months of 2014 according to the ADEX data.

Bangladesh decides on increasing incentive to support its RMG sector

Related Keywords: Bangladesh RMG, cash incentive

The Bangladesh Ministry of finance has decided to give more cash incentive for all types of ready-made garment (RMG) items. The decision was taken to lessen the losses incurred by RMG exporters due to the political turmoil last year as the apparel sector, contributes to about 80 percent of the country's total export.

Cash incentive at the rate of 0.25 percent on the FOB value of export will be given of all types of RMG items which according to Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), need to be increased to at least 1.0 percent.

An attempt to popularize Farasi weaving through Lok Mela in Pakistan

Related Keywords: Farasi weaving, traditional rug weaving

Lok Mela, folk festival of Pakistan organized by the National Institute of Folk and Traditional Heritage (Lok Virsa) at its aesthetically designed pavilion has put on display rich culture and traditional architecture of the land of sufi saints – Sindh province famous for a wide range of folk crafts like lacquer art, farasi weaving, blue pottery, Sindhi embroidery, Ajrak, block printing, traditional carpet weaving, appliqué work, tie-dye, khes weaving, wood works, Thari embroidery and several others.

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