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Related Keywords: due to the challenges, from woven polypropylene, like lower demand than capacity, other health hazardous packaging material, Pakistans jute industry, reliant on imported jute from Bangladesh, soaring prices of raw material, stiff competition, under tremendous pressure, United Jute Mills Group, used in large quantity in the country

Pakistan’s jute industry is under tremendous pressure due to the challenges, like lower demand than capacity and stiff competition from woven polypropylene and other health hazardous packaging material, which are used in large quantity in the country, said Ms Sharmeen, CEO of the United Jute Mills Group.

According to her, Pakistan’s jute industry that reliant on imported jute from Bangladesh is at the brink of collapse due to soaring prices of raw material.

Related Keywords: attract potential investors, current fiscal, India EU free trade agreement, labour intensive sector, lower than the initial target, National Textiles Policy, road shows, set to USD forty five billion, special package for the knitwear industry, stiff competition, Textile and clothing export target, Textile Ministry, zero duty access

The country’s textile and clothing export target is set to $45 billion for the current fiscal, lower than the initial target of $48.5 billion set for the previous fiscal which was missed by a huge margin. Nevertheless the target for 2017-18 represent a 17 percent rise from the actual level of $38.6 billion in 2016-17, according to provisional official estimates.

Related Keywords: Asian manufacturers, cheap clothing, Fiji, Fiji garment industry, International Sourcing Expo, Make it in Fiji initiative, stiff competition, Textile Clothing and Footwear Council

The Textile Clothing and Footwear Council(TCF) participated in the recent International Sourcing Expo Australia in Melbourne,through its Make it in Fiji initiative. TCF has been taking part in the Expo for the past seven years. But this year, TCF attended the Expo to maintain and strengthen its trade relations with Australia. It has a similar policy for New Zealand.

The reason is the stiff competition faced by Fiji’s garment industry from countries like China, Indonesia and Bangladesh, who are producing cheap clothing.

Related Keywords: boost textile sector, garment companies, global economic slowdown, high cost of finance, interest subvention of three point five, major barrier for growth of textile sector, stiff competition, union textile ministry, working capital loan

The high cost of finance has been a major barrier for growth of the textiles sector, in a bid to counter torpidity in exports due to stiff competition, the Union textile ministry is contemplating interest subvention of 3.5 percent on the working capital loan for garment companies

Rashmi Verma, secretary, Union textiles ministry said that in order to boost the textile sector, they have announced several incentives in the last few months. The major area of concern, however, remains high cost of production because of elevated interest rates on working capital.

Related Keywords: continuation of interest subvention scheme, export target set, for current fiscal year, handicrafts and garments, Handlooms, India-EU Free Trade Agreement, Indian textile sector, outbound shipment, stiff competition, textile minister Santosh Gangwar

The achhe din for the textile sector has started to arrive, said textile minister Santosh Kumar Gangwar on Monday, as the Narendra Modi govenrment completes one year. The government has set target of $47.5 billion for textile and clothing exports for the current fiscal year, aiming for an almost 14% rise in outbound shipments from the actual level of 2014-15.

Related Keywords: decrease in demand, domestic and international market, due to digital textile printed fabrics, jacquar machine, Jacquard weavers, Jacquard Weavers Association, price decreased, stiff competition, Surat MMF hub, weaving jacquard fabrics

Jacquard weavers of Surat, the country’s largest man-made fabric (MMF) hub are facing stiff competition and decrease in demand in domestic and international market due digital textile printed fabrics. The price of weaving jacquard fabrics in the domestic and international markets has also decreased from Rs 4 to Rs 16 per metre.

Related Keywords: inhouse designers, manufacturing readymade garment unit, new designs and marketing techniques, Putthanatham village, stay relevant, stiff competition, tailoring unit, textile showroom

Manufacturing readymade garment units of Putthanatham village in Manapparai Taluk in Tiruchirappalli District of Tamil Nadu have been coming up with new designs and marketing techniques to stay relevant in the market against the stiff competition The new design initiative covers materials both for men and women.

The village till a few decades ago had more than 100 tailors working on any given day.