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Brisk cotton trading to be witnessed with arrival of new crop in Pakistan
Karachi cotton market failed to see any trading activity; in fact officially no deal was recorded. The Karachi Cotton Association (KCA) spot rates also remained unchanged. But it is likely to witness
NID plans to set up innovation centre for natural fibre at its Ahmedabad campus
The National Institute of Design (NID) is set to traverse the path of innovation in research and design. NID has set up an 'Innovation Centre for Natural Fibre' at its Gandhinagar campus for this.
Peru gets back its ancient paracas textiles from Sweden
Ancient Paracas textiles, an extremely rare textiles smuggled out of by a Swedish diplomat is returning to Peru after 80 years. The items are handed back to the country following an agreement with
Surya plans to invest $ 30 mn to open distribution facility in Cartersville, Ga.
Surya Inc., an Indian based vertically-integrated manufacturer of machine and hand-knotted area rugs and soft goods for the home furnishings market plans investment of $30 million to open a U.S.
Pakistani new cotton season takes off with a good amount of phutti
Pakistani new cotton season 2014-15 has taken off with some good amount of phutti reaching ginning factories of Punjab, as sowing in Sindh is delayed due to cyclone. Previously, the new cotton
Modi’s first budget to provide impetus to textile industry
The forthcoming first Budget 2014-15 of the new government in India is likely to enhance incentives to the labour-intensive textile industry which will boost its exports and manufacturing
China investing US$2 bn to set largest cotton spinning facility in Pakistan
China’s fifth largest textile company, Shandong Ruyi Technology Group is investing US$2 bn to set up the largest cotton spinning facility in Pakistan. It has already bought 1,036 acres of
Spun yarn export falls in May, China imported lesser this month
Spun yarn exports declined in May 2014 after jumping over 19 per cent in April in a year-on-year comparison. During the month 99 million kg of spun yarns were exported worth US$335 million or Rs
India now ranks second in global textile exports, China leads
According to data released by the India garment exporter body, Apparel Export Promotion Council, textiles exports in 2013 were at US$40 billion, ranking second in world trade. It has overtaken
Man-made textiles export jumps 25 per cent in 2013-14
According to data released by the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), export of MMF yarn, fabrics and made-ups jumped 25 per cent increase in fiscal 2013-14 to Rs 31,000
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