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Synthetic fibers prepared with nylon, polyester, acrylic, and polyolefin have a commanding position in the textile industry of Pakistan

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Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan. The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc.

Traders urging to study the influence of GST on the textile sector

Related Keywords: Embroidery Machines, Federation of Surat Textile Trader’s Association, finished fabrics, Indian fabrics, man-made fabric, polyester fabric, sarees and dress material, textile sector, weavers and embroidery owners, yarn

The FOSTTA office-bearers have stated that the production of man-made fabric has decreased from four crore meters per day to less than two crore meters, the sale of polyester fabric including sarees and dress material has decreased by almost 40% and that the export of finished fabrics has reduced by almost 28% in the last 10 months post-GST implementation, in a letter to Modi.

Research report on textiles by FPCCI on direction of the PM

Related Keywords: export of textile products, Federation of Pakistan Chambers of Commerce and Industry, Global textile market, provision of raw materials to the textile sector, report consists of issues of the export-oriented sectors including the textile sector, textile package, textile sector

Bangladesh set an aim to attain textile exports of $60 billion, India set its target to increase exports to $30 billion, while Pakistan’s total exports have decreased from $25 billion to $20 billion, in which the textile sector’s share is 61 per cent.

The report evaluated that the China’s export of textile products share is 36 per cent, Vietnam contributes 12.4 per cent, similarly Pakistan’s share is 7 per cent, therefore a trilateral products specific agreement between China, Pakistan and Vietnam will acquire 50 per cent share of the Global Textile market.

Buy from local artisans Ministry of Textile requests

Related Keywords: export earnings, Integrated Scheme for Development of Silk Industry, Make in India, Ministry of textile, textile sector

Cabinet headed by PM Narendra Modi had approved Integrated Scheme for Development of Silk Industry earlier which will benefit the silk industry of the country. The Ministry of Textile has made a heartfelt request to all ministries, departments and public sector undertakings to buy their fabric requirements from the local artisans in the country. The request has been made to give “purchase preference” to the local products under the “Make in India” scheme.

GCCI president urging the Central government to consider implementing a uniform textile policy across the country in line with GST

Related Keywords: 'Farm to Fashion - Indian Textile Global Summit 2018, cotton produced by farmers gets consumed by the garment industry, Gujarat Chamber of Commerce and Industry, making Khadi as globally accepted garment, support the textile industry to encourage the manufacturing sector, supporting foreign direct investment (FDI) in the textile sector, textile sector, textile units will shut down here and shift to Maharashtra, uniform textile policy

Gujarat chief minister Vijay Rupani exuded confidence that the textile sector is capable of strengthening rural economy and create large-scale employment on the occasion. He added that that his government is working towards building robust infrastructure to ensure that cotton produced by farmers gets consumed by the garment industry in the state, saving time and energy to export it.

Maharashtra state’s new textile policy to offer capital, power subsidy

Related Keywords: 2018-2023 period, announcing new textile policy, garmenting, knitting and ginning industries, Magnetic Maharashtra, offer capital, policy will cover the spinning, power subsidy, processing, state government, textile sector, three day long Convergence 2018 conclave, weaving

The Magnetic Maharashtra, the three day long Convergence 2018 conclave that began on Sunday, the state government will be announcing its new textile policy which will be for the 2018-2023 period. Chief Minister of Maharashtra, Devendra Fadnavis said that the policy will cover the spinning, weaving, processing, garmenting, knitting and ginning industries, among others.

Plans to set up naphtha cracker in the next 5 years in Pakistan

Related Keywords: being imported, Chinese showing interest to invest, impacting chemical sector, Naphtha cracker, naphtha cracker will allow exports of chemicals, Pakistani companies ready to invest too, partly supply to Pakistan, rest will be exported, set up downstream industries, textile sector

The Chinese are showing interest to invest for the Naphtha cracker. There have been talks for its investment, and Pakistani companies are ready to invest too. The plan is that they will set up downstream industries, which will partly supply to Pakistan and the rest will be exported. A naphtha cracker will allow exports of chemicals that are being imported currently. Other than PTA, no chemicals are exported.

Pak’s exports of value added textile products post growth of over 12pc

Related Keywords: against $5.11bn a year ago, exports of value-added textile products, incentives package, increase of 7.66percent, July-November, overall export proceeds stood at 61pc, Pakistan total exports, payment of sales tax, Period under review, posted a growth of 12 percent y-o-y, reached $5.51bn, textile and clothing sector share, textile sector

Pakistan’s total exports of the textile sector reached $5.51bn in July-November against $5.11bn a year ago, reflecting an increase of 7.66pc. The share of textile and clothing sector in overall export proceeds stood at 61pc during the period under review. Of which exports of value-added textile products posted a growth of over 12 percent year-on-year to $3.46 billion in the first five months of 2017-18, as per the Pakistan Bureau of Statistics.

NIFT to start training programme for youth in textile sector

Related Keywords: Madhya Pradesh State Skill Development Mission, National Institute of Fashion Technology, NIFT Bhopal, provide training to people, signing an MoU providing exclusive right to NIFT. present four courses related to spinning identified, textile sector, under Mukhya Mantri Kaushalya Yojana

The National Institute of Fashion Technology (NIFT), Bhopal, to provide training to people in textile sector under the Mukhya Mantri Kaushalya Yojana (MMKY) with Madhya Pradesh State Skill Development Mission(MPSSDM) signing an MoU providing exclusive right to NIFT. At present, however, four courses related to spinning have been identified.

NIFT joint director Sameer Sood said that the State domicile and Class 8 pass out are eligible for training. The training programme will start in 15 days and will be of one month duration.

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