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Pakistan textile industry touches $10.385b in nine months of this FY

Related Keywords: agriculture value addition, cotton, cotton cultivation, Cotton growers, Pakistan textile industry, raw material

Cotton is an important source of raw material to the textile industry which has helped the textile industry to achieve $ 10.385 billion during the period of first nine months of this fiscal year as foreign exchange to national exchequer. The cotton shares 1.4 percent in GDP and 6.7 percent in agriculture value addition, which was cultivated on an area of 28,06,000 hectares, 2.5 percent less than last year’s area of 28,79,000 hectares. The production stood at 12.8 million bales during the period against the target of 14.1 million bales set, according to the Ministry of Textile.

Design development programme for Sri Lankan handloom to help flourish

Related Keywords: cottage industry, cotton, Design Development programme, Export Development Board, International Design Expert, silk yarn, Sri Lankan handloom, Textile Industry

Sri Lankan handloom textile industry is a highly labour-intensive, export-oriented and rural based. The industry produces mainly cotton and silk products, utilizing cotton and silk yarn. Generally, with low capital costs and running expenses, handloom is a household or cottage industry, where skilled hands create value added products, according the Export Development Board.

Two-way trade between India and Bangladesh likely to see remarkable progress

Related Keywords: apparel, Bangladesh trade, bilateral trade relation, cotton, fibres, import, Indian export, Textile, Two way trade

Two-way trade between India and Bangladesh stood at US$6.6 billion in 2013-14 with India’s exports at US$6.1 billion and imports from Bangladesh at US$462 million. Major Indian exports to Bangladesh include Cotton, Sugar, Cereals, Vehicles and accessories, etc. and major Indian imports from Bangladesh include textile fibres, paper yarn, fish, apparel, mineral fuels, salt, cement, etc. However, the trade imbalance in favor of India and decline in Bangladesh exports to India are of concern.

Pakistan govt to increase its partaking in shaping textile export

Related Keywords: cotton, Pakistan textile export, Pakistani textile sector, textile economy, textile policy

The Government of Pakistan seems to increase its participation in the shaping of textile economy of the country. In the yesteryear viz. 2012-2013, the textile sector had obtained a payout of Rs.2 billion. But the one year performance of the textile industry has invoked the government to make as increase in the investment upto Rs. 3.5 billion.

Egypt wanting to expand its base of African cotton suppliers

Related Keywords: cotton, cotton importation, Egypt, Egyptian cotton industry, Ethiopia, exports, Imports, long stable cotton, short stable, spinner, weaver

Egyptian cotton is extra long stable and they want to import short stable for which the spinners and weavers want to open more countries to be a source of cotton importation. They want to import short stable to produce a coarser yarn for T-shirts, for denim.

Pakistan govt working out plan to uplift textile exports and cotton sector

Related Keywords: cotton, cotton policy 2014-19, Pakistan textile export, Pakistan textile sector, readymade garment, textile policy

The Pakistan Textile exports for the period July-March 2013-14 has show a 8 percent raise, while exports in all value added categories has increased considerably i.e. bed wear by 21 percent, hosiery by 10 percent and readymade garments by 9 percent. Increase in textile exports followed due to the disbursement of Rs.3.5 billion by the government for the textile sector in shape of drawbacks, export finance support and mark up support, according to one year performance report of the government.

During the previous year 2012-13 only Rs. 2 billion was provided by the Government.

Pak-Korea ties to strengthen its economies

Related Keywords: cotton, Faisalabad chamber of Commerce n industry, garment sector, Korean textile machinery, Pakistan textile sector, technology

The first ever visit of top leadership of Korea to Pakistan during the last 31 years will open new avenues of cooperation between the two countries. It is a positive step and historic achievement for the promotion of bilateral ties, said Ambassador of Korea in Pakistan Dr Song Jong-hwan while addressing the business and trade community at Faisalabad Chamber of Commerce & Industry.

Cottonfab 2014 expo out with ethnic collection from 15 states

Related Keywords: cotton, Cottonfab expo, ethnic collection, sari, silk, weaver

The exhibition Cottonfab 2014, going on at Kanakakkunnu Palace is organised by Awadh Hathkargha, Hasthshilp evam Gramodyog Samithi for promoting weavers and artisans from different parts if India. The objective of the Samiti is to give artisans and weavers a platform and market to not only display their talent but sale their work of art.

Brisk cotton trading to be witnessed with arrival of new crop in Pakistan

Related Keywords: cotton, Karachi cotton market, new crop, trading activity

Karachi cotton market failed to see any trading activity; in fact officially no deal was recorded. The Karachi Cotton Association (KCA) spot rates also remained unchanged. But it is likely to witness brisk trading activity with the arrival of new crop.

Presently, the Pakistani millers are going through shortage of quality lint as most of the stocks held by ginners are mostly of lower quality from last crop.

Cotton fields have reported that crop in both Sindh and Punjab so far is maturing normally.

Nepal touches 3.615 billion Nepalese rupee from readymade garment exports

Related Keywords: cotton, export, Nepal readymade garment, other yarn, polyester, Woolen and Pashmina shawl, yarn export

Nepal’s readymade garments is one of the largest export sectors in terms of foreign exchange earnings apart from providing employment opportunities was almost on the verge of collapse but has changed in recent months. Nepal’s RGM sector has shown a sharp increase in its exports as peace and political stability have convinced foreign buyers to return, and demand from abroad has instilled confidence in garment entrepreneurs.

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