Ethiopia's government has been giving special emphasis to its textile industry as it aims to export more than a billion dollars worth of apparel by 2016. From the economic development point of view, Ethiopian economy has just kept growing - since 2007 at times with double-digit leaps and bounds. The Economist has projected that the country will experience annual growth of 7 to 8 percent through 2016.
Vinatex to construct textile complex to make yarn and fabrics in Hai Phong
Related Keywords: new textile complex in veitnam, textile project in Hai Phong, Trans-Pacific Partnership, Vietnam National Textile and Garment Group, Vinatex
Vinatex (Vietnam National Textile and Garment Group) has plans to build a new textile complex to manufacture yarn and fabrics in the An Lao district of Hai Phong. This is in line with its policy of building projects in the region.
Textile industry in Pakistan urges for consistent gas supply this winter
Related Keywords: All Pakistan Textile Mills Association, APTMA, Chairman S M Tanveerm, textile export from Pakistan, Textiles in Pakistan
The All Pakistan Textile Mills Association (APTMA) has warned the government that the survival of textile industry would be at stake if gas supply is suspended to the Punjab industries.
The Punjab Chairman S M Tanveerm stated that the country could face a loss of over US$2 billion exports and urged the government to keep a check on the fast depleting foreign exchange reserves and the depreciating currency. He also urged the government to provide uninterrupted gas and electricity supplies to the Punjab-based textile industry, thereby enabling it to perform to its full potential.
Israel keen to invest in textiles in Uruguay
Related Keywords: Israel investment in Uruguay, Textile in Uruguay, textile industry in israel, trade with Israel
Israel has shown keen interest in investing in Uruguayan textile sector following a visit by a delegation led by the government of Uruguay and the Chamber of Information Technology (CUTI) to Isreal recently. According to a statement issued of Roberto Kreimerman, minister of of industry, energy and mining, Uruguay, the visit to Israel was initiated to generate concrete investment projects and for Uruguayan businessmen to analyze various sectors in Israel, including textiles.
Surat to get green field textile projects to address environmental issues
Related Keywords: Cabinet Committee on Economic Affairs, environmental issues textile processing, Integrated Processing Development Scheme, textile processing units in Pandesara, textile processing units Palsana, textile processing units Sachin, Textile units in surat
The textile city of Surat will soon get a green field and brownfield projects to address the environmental issues faced by the textile processing units in the city. These projects will be implemented under the Integrated Processing Development Scheme (IPDS) approved by the Cabinet Committee on Economic Affairs (CCEA). The IPDS scheme is designed to address the environmental concerns faced by the textile processing units. About Rs500 crore for the project has been approved in the 12th five year plan.
Weak rupee in competing market will boost garment exports from India
Related Keywords: emerging markets, Garments export, Rupee value, US Dollar
CITI urges government to restore benefits for cotton yarn exports
In a sharp reaction to a recent government notification of 25 September issued by Directorate general of Foreign Trade (DGFT) withdrawing benefits on certain products including cotton yarn, Confederation of Indian Textile Industry (CITI), Chairman Prem Malik, observed that there is no export restriction or export duty on cotton yarn.
Child Labour In BT Cotton Fields Under Scanner
Related Keywords: cotton
As cross-pollination in BT-cotton plants in rural pockets has begun, officials in the district are closely monitoring whether child workers are being employed in the fields.
KCA Increases Cotton Price
Related Keywords: cotton, cotton price
The Karachi Cotton Association (KCA) revised up its cotton spot (average) rate by Rs50 per maund (37.324 kilograms) to Rs7,000 per maund after the price of the commodity recovered to Rs7,200 per maund at the local markets, a dealer said on Monday.
