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Textile exports cannot grow with faded policies
Pakistan’s textile exports have been tapering off for the last four years, but an incentive package valuing Rs 180 billion, comprising rebates and tax concessions announced in January last
Textile and clothing exports slid 0.4%
There is positive feedback from the government on increasing the drawback rates. But this is yet to happen.A garment exporter who used to get ₹7 or ₹8 a piece from drawback is getting
Polyester market weakens in March, no support from upstream
Ethylene prices in Asian markets jumped in March supported by strong demand amid the heavy steam cracker turnarounds. In US, spot ethylene fell to a nine-year low on weak sentiment as production from
Polyester filament yarn is not a luxury item but only a raw material as said
The Pakistan Yarn Merchant Association office bearer further said the duty on imported polyester filament yarn was higher than imported polyester fabric, which was against the law and had devastated
Lenzing Lyocell fibers,many benefits are attained
The benefits of botanic fibers for agriculture on land are evident and the fiber also may find use in aquatic applications. The inherent strength makes it an ideal fiber for net structures for
Foreign textile buying houses advised the government to set up a central compliance centre
Secretary Commerce Younus Dagha that the buyers and sourcing agents play an important role in enhancing exports of a country by acting as a bridge between manufacturers and foreign buyers. He added
$45bn target for FY18 to be might be missed by textile exports
The largest market for cotton yarn China, has imposed around 3.5 per cent import duty on yarn from India under Asia pacific Trade Agreement (APTA), while duty free access is given to Vietnam.This has
Foreign buyers are interested in sourcing cotton from India
Apart from the neighbouring countries, India has also been receiving demands for cotton from several other countries, including Vietnam, Indonesia as told by Atul Ganatra, President, Cotton
Textile industry faces the heat
The exporters are not much optimistic about the implementation of the Rs180 bn export enhancement package announced by prime minister Nawaz Sharif in December. The package allowed the 4-7 pc rebate
Uzbekistan to take its textile manufacturing capabilities ahead
A recent two-day symposium in Tashkent, staged by the Swiss Textile Machinery Association (Swissmem), showcasing the technology and know-how of 14 leading textile machinery manufacturers from
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