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Related Keywords: cotton, Pakistan cotton industry

Phutti (seed cotton) fortnightly arrivals have been witnessing falling trend in growth from 15.27pc recorded up to December to 13.75pc in middle of the month and to 9.36pc up to Jan 1, and now 7.16pc during the last fortnight.

Phutti arrivals registered a growth of 7.16 per cent in the fortnight (Jan 1 to 15), declining from 15pc at the start of this season (2013-14), indicating that the crop size would not be much bigger than that of last year.

Related Keywords: FBR, Garments Exporters Association, Pakistan Readymade Garments Manufacturer, Pakistan textile sector, zero rating regime

Pakistan textile sector demanding restoration of the zero-rating regime, the decision to withdraw zero-rating has adversely affected exports at a time when huge amount of Sales Tax Refunds are already stuck up with the Federal Board of Revenue (FBR) and exporters are facing liquidity crunch.

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Senior VC Jawwad Ahmad Chaudhry has advised the government and the FBR to announce export-friendly policies instead of creating difficulties for the industry.

Related Keywords: Integrated Skill development Scheme, Ministry of Textiles

Centre gives approval under Integrated Skill Development Scheme (ISDS) of the Ministry of Textiles for upgrading skill of 4,260 persons. The J&K State’s proposal, which was recently approved by a High-Powered Committee of the Union Textile Ministry, sees skill up-gradation of 4,260 youth at a total cost of Rs. 9.24 crore during the 12th Five Year Plan under Component 1. The scheme will be implemented by the Indian Institute of Carpet Technology (IICT). The Minister of State for Industries & Commerce, Sajjad Ahmad Kichloo, has welcomed the approval.

Related Keywords: Karina Textiles, Zimbabwe textile industry

Karina Textiles, one of the Zimbabwe’s leading textile industry and sole manufacturer of knitting yarn, last week auctioned its movable and fixed assets following its liquidation. Theressa Grimel, who is the liquidator, confirmed the High Court’s approval of the liquidation.

It becomes the second largest textile industry player to face closure after David Whitehead was put under judicial management in 2011.

Related Keywords: Coimbatore textile manufacturers, global textile trade, Indian textile market, Kavuru Sambasiva Rao, Textile production, textile sector

Union Textile Minister Kavuru Sambasiva Rao is of the view that the current India’s annual production level of textile goods which is $90 billion is likely to increase to $220 billion by 2020 with China to divert its focus to other sectors.

Related Keywords: cotton industry, cotton prices, Karachi cotton market

The Pakistan cotton prices saw an upward trend on Saturday amid brisk activity as the result of strong demand from leading spinners and some exporters. The prices touched seasonal high at Rs7,250 per maund on strong demand, with many deals entered on conditional basis reaching as high as Rs7,600 per maund.

The Karachi Cotton Association spot rates remained steady at previous level and trading on ready counter was fairly brisk.

Related Keywords: cotton fiber, cotton industry, synthetic

To help cotton farmers fend off increasing competition from synthetic fibers. An international collaboration with strong Aggie ties has figured out how to make a longer cotton fiber. A Texas A and M University biologist believes that this could potentially have a multi-billion-dollar impact on the global cotton industry and also help out farmers in the competitive market.

Related Keywords: dutydrawback rate, Indian textile industry, Textile Ministry

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 forward to the government for increasing the duty drawback rate by the textile ministry.

Union Textile Minister Kavur Sambasiva Rao on Saturday said that it was a political decision by the EU, to help Pakistan, considering floods and various other problems being faced by that nation...,” he told reporters here on the sidelines of a convocation function.

Related Keywords: Mac Bishop, odor-resistant T-shirt, wool textile industry, Wool&Prince

Mac Bishop’s menswear line, Wool&Prince, is trying to work another magic on an odor-resistant, long-lasting T-shirt that barely needs to be washed. The campaign has already exceeded its goal of $35,000 and still has 13 days to go. The shirts will be ready to ship in May.

Bishop, 24, made headlines last year when he offered a wash-less, no-iron button-down shirt on Kickstarter. The goal was to raise $30,000, but the campaign brought in more than $300,000 in just 11 days

Related Keywords: industrial wastewater treatment plants, Pakistan exporters, Pakistan textile industry

The Pakistan Textile Exporters Association (PTEA), Pakistan Hosiery Manufacturers and Exporters Association (PHMA) and All Pakistan Textile Processing Mills Association (APTPMA) in a joint meeting yesterday decided to put forward their demand to the government for establishing combined industrial wastewater treatment plants at major drains to improve the state of health and safety.

The bodies also suggested devising a road map, according to standards set under the World Trade Organisation regime, and it should be finalised after consultation of all stakeholders.