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Indonesia registered rise in import of fibre and fabrics in first qtr of 2015

Related Keywords: fibre and fabrics, foreign exchange, global competitive challenges, Indonesian textile industry, knitted or crocheted fabrics, man made filament, provide employment, registered growth in import, Southeast Asian nation, Textile and Clothing industry

The Southeast Asian nation of Indonesia in the first quarter (Jan to Mar) of 2015, imported US$ 330 million worth of man-made filaments registering a growth of 11.15 percent over imports of $296.9 million made during the corresponding period of 2014, according to the data from Statistics Indonesia.

While, knitted or crocheted fabrics imports increased by 7.31 percent to $327.4 million compared to imports of $305.1 million made during the same period last year, the data showed.

Pakistan jute industry craving for government backing

Related Keywords: export jute product, food packaging, foreign exchange, hazardous packaging material, jute cultivation, jute mills, Pakistan jute industry, Pakistan jute mills association, raw material, Saqlain Akhtar, Senior VP, technical infrastructure

The Pakistan jute industry is looking for government support in technical infrastructure for industry along with guidance and long term policy support for jute cultivation to substitute import of raw material, exports of jute products after value addition which can earn handsome amount of foreign exchange for the country, which currently stands at around $14 million according to Saqlain Akhtar, Senior Vice President of Pakistan Jute Mills Association (PJMA).

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