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Value added segment push textile export for Pakistan

Related Keywords: basic textile segment, cotton yarn, Knitwear, modest 4 percent increment to reach $292m, Pakistan Bureau of Statistics, Pakistan value-added segment, readymade garment, risen 10 percent to $1.13 billion from $1.03 billion, rose 12 percent, same period of last year, textile exports in the month of December 2017, to clock in at $840m

Pakistan’s value-added segment rose 12 percent to clock in at $840m, wherein textile exports in the month of December 2017 have risen 10 percent to $1.13 billion from $1.03 billion in same period of last year, while basic textile segment followed with a more modest 4 percent increment to reach $292m, according to Pakistan Bureau of Statistics (PBS).

Pakistan textile exports touch $1.11bn in the month of August 2015

Related Keywords: bedwear, cotton cloth export, in month of August, knitwear garment, major textile items, Ministry of Textile Industry, Pakistan textile export, PRGMA, readymade garment, registered an increase, relief package, towels

Pakistan textile exports registered an increase of 11.2 percent, a $1.11 billion in the month of August 2015 as compared to $998 million during the same period of 2014, as per data released by the Ministry of Textile Industry. According to data except cotton yarn all major textile items registered significant increase in the month of August with respect to quantity and value as well.

Pakistan textile and clothing exports witnessed drop of 16pc in March 2015

Related Keywords: art silk, cotton carded, cotton cloth, cotton yarn, made up textile, Pakistan Bureau of Statistics, Pakistan textile and clothing export, raw cotton export, readymade garment, second consecutive month, value-added products, witnessed negative growth

Pakistan textile and clothing exports in March 2015 witnessed a negative growth of 16.23 per cent to $1.033 billion from $1.233bn in the same month last year. The fall was witnessed for the second consecutive month, after posting a positive growth of 10.23pc in January 2015 as per Pakistan Bureau of Statistics data.

During the first nine months (July-March) of 2014-15, the exports of textile and clothing also witnessed a negative growth of 1.57pc.

Bangladesh to hold Global cotton summit to boost exports

Related Keywords: Bangladesh cotton association, Bangladesh textile mills assocation, cotton bales, delegations, invites buyers and seller, opportunity for networking, organizing two day global summit, readymade garment, second largest cotton importer, textile exports, to support textile and clothing exports

Bangladesh Cotton Association (BCA) with the support and co-operation of Bangladesh Textile Mills Association (BTMA) is organizing a two day global summit and has invited buyers and seller to attend this international trade event to help support its textile and clothing exports.

Bangladesh, the world's second largest cotton importer and it imports more than 90 percent, or 5.5 million bales of cotton annually.

The textile and clothing sector accounted for $24 billion of Bangladesh's $25 billion of goods exports in the fiscal year to end-June 2014.

Bangladesh to increase their two way trade with Canada to $5 billion by 2020

Related Keywords: Bangladesh to explore, boost bilateral trade, Canada Bangladesh Chamber of Commerce and Industry, Canadian imports, CanCham, duty free market access to Canada, encourage investment, increase export diversification, jute, organized trade fair, other fabric, potential trading opportunities, readymade garment

Bangladesh has been enjoying duty-free market access to Canada since 2003 are now focusing to explore potential trading opportunities include expanding Canadian imports of readymade garment, jute, ceramic tableware and kitchenware.

Bangladesh aims to boost its present trade level of $2.0billion with Canada to $5.0 billion by 2020, a business leader said on Saturday.

Masud Rahman, president of Canada Bangladesh Chamber of Commerce and Industry (CanCham) said that they plan to increase their two-way trade to $5.0 billion at the end of 2020.

Pakistan value-added textile exports touches $2.3bn in Q1 of fiscal year

Related Keywords: basic textile, bedwear, export growth, Knitwear, non value added, Pakistan Bureau of Statistics, Pakistan textile players, Pakistan textile sector, Pakistan value added textile, readymade garment, spinning based exports, spinning sector

Pakistan value-added textile exports has witnessed growth by 10pc touching $2.3bn in the first quarter (July-September) of this fiscal year compared with $2.1bn a year ago. While on the other hand, spinning-based exports (non-value added) continue to decline by 15pc to $1.2bn from $1.4bn which were offset by higher exports of valued-added segment (bedwear, knitwear and readymade garments) as per the latest data released by the State Bank of Pakistan.

Textile buying agents 80pc generates of export business urge relief from service tax

Related Keywords: Association of buying agent, commission agent, export of service, foreign currency, MoU, readymade garment, service tax, Textile, textile export, Union Finance Ministry

The Association of Buying Agents for Textiles has submitted a memorandum to the Union Finance Ministry seeking relief from service tax levied on them in the recent Budget. The textile buying agents so far were exempted from service tax, as it amounted to export of services and were earning foreign currency for the country, said M Anand, General Secretary of the association.

There are over 700 such agents across the country who play a vital role in garment exports as close to 80 per cent of the export business is generated through them.

Italian winter collection knocks our doorstep this September

Related Keywords: collaboration, fashion market, India fabric manufacturer, Italian designer, OCM India, Progetto Stile, readymade garment, winter collect, wool-blend

M. Cristina Fedriani, an established Italian designer, is the one managing Progetto Stile - a service company working in fashion market for around 25 years. Collaborating with a company is well known for its wool and wool-blended worsted fabrics, OCM India Limited, the designer would work amongst Indian fabric manufacturers to create its premium winter collection.
 

Pakistan textile export soars by 5.3pc during last fiscal year due to GSP plus

Related Keywords: 5.3 percent rise, bedwear, cotton cloth, European Union, GSP Plus status, Knitwear, Pakistan Bureau of Statistics, Pakistan textile export, raw cotton, readymade garment

The GSP Plus status granted to Pakistan by the European Union (EU) has boost textile export, a rise of 5.3 percent reaching the figure to $13.74 billion during last fiscal year (July 2013 to June 2014), as compared to $13.05 billion of the preceding year (July 2012 to June 2013), according to the Pakistan Bureau of Statistics (PBS) latest figures released on Wednesday.
 

Union Budget 2014-2015 intents to bring Acche Din for textiles

Related Keywords: budgetary allocation for textile, handloom sector, import duty on ethylene, import duty on propylene, readymade garment, Technology Upgradation Fund Scheme, Textile budget, textile clusters, Textile Minister, TUFS, Union budget 2014-15

The Narendra Modi government, which has sought 60 months from the Indian electorate to bring good days, in its first budget exuded its intent to kick start the investment cycle to nurse India's ailing economy back to good health. Coming amid high expectations from the textile and garment industry, the Finance Minister Arun Jaitley, in his maiden Union Budget 2014-15, charmed the industry participants with an array of encouraging proposals.

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