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2016-10-05 17:01:00
Bangladesh to remain major consumer of cotton in 2016-17
According to reports, Bangladesh is expected to remain the world’s largest consumer of cotton during the current year 2016-17, a growth of 10% in terms of volume to 1.2 million tons. After
2016-09-07 15:00:00
Govt on the verge of implementing GST of 12% for textile industry
The government has so far incentivized the textile industry that has been one of the largest contributors to the country’s exports and provider of jobs to million. The latest being the
2016-09-06 12:15:00
Tight supply of PTA due to G20 summit in key China market
With tight supply of purified terephthalic acid (PTA) in the key China market due to the G20 summit conducted in Hangzhou City in the eastern Zhejiang province with petrochemical plants in the
2016-09-02 13:10:00
India’s woollen industry facing double whammy
India’s woollen industry is facing distress with decline in exports of woollen yarn, fabirc and made-ups by 48 percent and woollen garments by 9 percent in the first quarter of the current
2016-08-30 13:30:00
Pakistan may need to import 2.5mn cotton bales due to output shortage
With Pakistan’s cotton sowing remaining 25 percent lower this year compared to the last year, its cotton production likely to face a shortage of around 2.5 million cotton bales during current
2016-08-30 11:00:00
Cambodia's garment sector may lag behind as global manufacturing hub
Cambodia garment sector may find itself lagging behind as a global manufacturing hub as it is facing a number of challenges such as regulatory obstacles, insufficient infrastructure, an uneducated
2016-08-26 14:30:00
Pak, Thailand to hold next round of FTA talks this Sept
The Fourth round of talks to finalize the draft of free trade agreement (FTA) between Pakistan and Thailand will take place in the second week of September in Islamabad, said a senior official in the
2016-08-01 16:30:00
Spinners forced to shift towards polyester as cotton price hike
Shift of spinners from 100 percent cotton to polyester and viscose seen as they are unable to pass on the price rise of cotton to customers due to lackluster market. The shift to man made or blended
2016-07-30 13:00:00
India set to achieve USD48.5bn target for textile sector this FY
With China’s present share in global export of textiles and apparel estimated to decrease from 40% to 33% by 2025 which is likely to open an opportunity of more than US$ 150 billion for other
2016-07-23 14:00:00
CCI to start sell remaining stock of cotton to SME sector
Following directions by the textile ministry, the Cotton Corporation of India (CCI) will now start selling its remaining stock of about 24,000 bales to only small and medium scale mills as these
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