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Related Keywords: boost textile industry, capital of knitwear, coming up with comprehensive strategy, give special focus, increase textile exports, New Integrated Textile Policy, planning to introduce, powerloom and knitwear and garment sectors., strengthen and develop handloom, Tamil Nadu Government, Technical Textiles, various textile products

Tamil Nadu Government is planning to introduce a New Integrated Textile Policy to boost textile industry in the state, which is the capital of knitwear and various textile products. It will give special focus to sunrise sectors like technical textiles besides coming up with a comprehensive strategy to increase textile exports.

Related Keywords: buy finished products, Egyptian startup, Egyptian textile makers, find textile products onlne, increase textile exports, Ministry of Foreign Trade and Industry, Shahbander, Technology Innovation and Entrepreneurship Center, to help modernize textile industry

To help modernize the textile industry in Egypt, siblings Fatma, Mahmoud and Mohamed El Esnawy after graduating from AUC Venture Labs founded Egyptian startup Shahbander in 2013. They wanted to connect, via a website, factories with clients who wish to buy finished products. Shahbander was Fatma’s idea. After she unsuccesfully tried to help some friends find textile products online, she decided to branch out of the corporate life and start her own business and, using her four years experience in web development and design.

Related Keywords: Commerce Minister Khurram Dastgir Khan, constitued committee, declining trend in textile exports, electricity tariffs, hurdles faced by textile industry, increase textile exports, mitigate the issue of electricity provision, PAP, Policy action plan, rising cost of production, small taxes on textile value chain

Commerce Minister Khurram Dastgir Khan finally admitting that there are some other reasons for declining trend in the country’s textile exports on Wednesday constituted a committee to bring about a Policy Action Plan (PAP) to put right the hurdles faced by the textile industry in increasing its exports.

The committee will be presenting its recommendations in the next month, which would then be forwarded to the prime minister for swift decisions in order to reverse the declining trend in Pakistani exports.