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Related Keywords: Capta, Pakistan textile sector, Sales tax

The Council of All Pakistan Textile Associations (Capta) has urged the government to reduce the rate of sales tax to zero for the value-added textile sector to compete in global market as it is facing a number of problems during a meeting at PHMA House last week.

Capta has expressed concern over Afghan transit trade which remains to be the biggest hurdle along with under invoicing, third port imports of Indian fabric and smuggling from India into Pakistan.

Related Keywords: air connectivity, Surat textile trade

Surat textile trade to boost up with the air connectivity to Kolkata, as Kolkata is a big market for Surti saris and dress material. The textile city of Surat is ruling the across the vast Indian markets in the sale of synthetic and silk saris and now the embroidery sector has cast an eye on the lucrative Kolkata market.

Related Keywords: Pakistan cotton market

The Pakistan cotton market witnessed local spinners worried over stock piling of yarn on Wednesday. According to Cotton Analyst, Naseem Usman, local spinners have shown signs of worry about the stock piling of yarn due to import of same from India. Moreover, the textile sector is currently faced with liquidity crunch owing to slow off-take of cotton yarn in the domestic market.

The government needs to take necessary measures to check flow of cheap cotton yarn from across the border to stop this situation.

Related Keywords: apparel industry, Bangladeshi apparel exporter, yarn industry

The Bangladesh local garment exporters might face tough competition from India, after signing of the proposed Free Trade Agreement (FTA) between India and the European Union (EU) as India is negotiating with the EU, to get duty-free access to the market for apparel products. To face the emerging challenges, Bangladesh need to enhance its production capacity of yarn and fabric which will help local apparel exporters, industry insiders said.

Related Keywords: Morocco textile industry

The Morocco textiles and clothing sector plays a major role in the country’s economy and is the top industrial employer. The Morocco foreign exchange department (l'Office des Changes) report shows drop in the clothing and textile exports from MAD28.2bn (US$3.4bn) in 2012 to MAD26.3bn (US$3.2bn) last year. The Morocco clothing and textile industry has urged the government to work with the sector to boost exports.

Related Keywords: Cotton Textile Garment Intervention Fund, Nigerian textile sector

The Federal Ministry of Industry to address the challenges faced by the Nigerian textile sector and to reposition it as the major driver of job creation and generation revenue for the country. The Federal Government through Cotton Textile Garment Intervention Fund invested N100 billion to revive the Nigerian textile industry which has ended into a failure.

Related Keywords: Mafatlal, textile mill

Mafatlal Industries, one of the largest composite textile mills in the country has been a leader in textile for over 100year producing some of the finest fabrics which are supplied to the most demanding customers and oversees. It has chalked out investment plan to improve quality and volume at its Gujarat units

Mafatlal Industries has already invested Rs 100 crore in modernization of the two units Nadiad and Navsari in Gujarat. MIL Chairman Hrishikesh A Mafatlal said that they have planned an additional Rs 200-crore investment in them in the next three years.

Related Keywords: textile dying unit

In Rajasthan, textile mills represent an important economic sector. Pali district particularly in Rajasthan has got largest number of textile industries mostly engaged in cotton and synthetic textile printing and dyeing i.e.989 units. These industries release different kinds of chemicals, dyes, acids and alkalis besides other toxic compounds which are known for their hazardous properties. National Green Tribunal (NGT) has ordered suspension of work in textile dying and printing units in Pali district that are operating without approval from the Rajasthan Pollution Control Board.

Related Keywords: spandex

The Directorate General of Safeguards has started scrutinizing imports of bare elastomeric filament yarn on a petition filed by Indorama Industries seeking imposition of safeguard duty on bare elastomeric filament yarn also known as spandex imports. A safeguard duty is a temporary measure brought in for a certain timeframe to turn away any damage to the domestic industry from cheap imports.

Related Keywords: cotton industry

A 16-member delegation from Benin, Burkina Faso, Chad, Nigeria, Uganda, and Malawi including Government officials and private players in cotton and textile sectors were in Coimbatore to meet the members of Indian Cotton Federation in Coimbatore on Tuesday. The delegation is looking for assistance from Coimbatore cotton traders and textile mill owners to develop cotton trade. In this concern, they explicated about cotton cultivation in their countries, facilities available and steps taken to sell cotton directly to buyers in countries such as India.