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Related Keywords: bedding, curtains, leader of home textile industry, major importer of high quality products, other accesories, shifting headquarters, Victoria Classics, want of large industrial space, wholesaler

Victoria Classics, leader of home textile industry for over 25 years in Brooklyn who began as a specialty home textile retaile. Today their business is completely wholesale, as they operate as a major importer of high quality home textile like bedding, curtains and other accessories in the United States is shifting its headquarters from home to North Bergen for want of large industrial space for a more corporate office, according to an official.

Related Keywords: and decorative items, business development, business relation to grow immensely, Business Roundtable, carpets, CCI, curtains, EPCH, Free trade agreedment negotiation to begin, handbags, India Handicraft Exhibition, Peru and India, products ranging from textiles, women’s clothes

Peru and India to begin with Free Trade Agreement (FTA) negotiations in the second half of the year which is expecting relations between Peruvian and Indian businesses to grow immensely. Peruvian trade with India could reach the billions with Free trade and business developments.

That means improved processes to reach business agreements and more money for the countries living worlds apart.

Related Keywords: as bed sheets, Bangladeshi home textile entrepreneurs, bedcovers, curtains, EU GSP facility to Pakistan, expansion of existing capacity, gloves, growing global demand, invest in new factories, kitchen aprons, local home textile products, make more investment, napkins and tablecloths, pillow and cushion covers, political turmoil, quilts, rugs

Bangladeshi home textile entrepreneurs despite challenges like European Union’s GSP facility to Pakistan and current political turmoil are lured to make more investment in the sector due to the growing global demand for local home textile products. A good number of home textile manufacturers such as Unilliance Textile, Mom Tex, Fariha Group, Pakiza Group and Sad Musa have already invested millions of taka in new factories and expansion of their existing capacity.

Related Keywords: bedsheets, chief minister Bhupinder Singh Hooda, chinese import, curtains, cushion cover, new tax, Panipat textile indusry, rollback VAT, state government, teri towels, VAT

The textile industry of Panipat strongly opposing the VAT of 13.25 percent levied on products like bedsheets, cushion covers, teri towels, curtains and other items stating that it would collide the local textile industry which is currently facing tough competition from the Chinese imports.

Roshan Lal Gupta, vice-president of Haryana Veopar Mandal, said that the entrepreneurs had already made an appeal to the state government to take back the new levy as the VAT would ruin local textile industry.