News Tags

Related Keywords: Business of Indonesia textiles, developing national exports, domestic textile market, fashion city, hampered by smuggling, hinder growth of manufacturing industry, illegal imports of used clothing, industrial zone, textile commodities, textile manufacturing industry, textile products

The business of Indonesia textiles and textile products was hampered by smuggling or illegal imports of used clothing in some parts of Indonesia, but the government of Indonesia is set to take firm action against these activities that hinder the growth of the manufacturing industry.

Related Keywords: cotton yarn export to India, domestic textile market, energy crisis in Pakistan, import duty in India, import duty in Pakistan, Pakistan’s government policies, Pakistan’s market share, textile exporting countries, textile industry of Pakistan

In Pakistan, six major sub-sectors of textile industry have shut down due to energy crisis, high cost of doing business and inconsistency in government policies, said Tariq Saud, the Chairman of All-Pakistan Textile Mills Association.

About 30% of the textile industry’s production capacity worth $3,467 million is not into operations thereby affecting the country’s exports, he stated.

Related Keywords: boost exports, Cotton fibre, demanding abolish excise duty, domestic textile market, growing global market, India largest man-made Fibres producer, Indian synthetic fibre and yarn producers, Make in India initiative, man-mae fibres, MMF textile consitutes

India is one of the largest producer of man-made Fibres in the world with presence of large plants having state-of-the art technology. MMF textiles constitute almost two-third of the domestic textile market. Indian synthetic fibre and yarn producers demanding to abolish high Excise Duty of 12 per cent on the industry and bring it at par with the Cotton fibre and yarn which has zero duty for growth of the Indian textile industry and for achieving a larger share of the growing global market.