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2015-06-12 11:00:00
PYMA rejects budgetary increase in sales tax on yarn and cloth
Textile sector is considered back bone of Pakistan economy contributing more than 50 percent of foreign exchange for the country and providing 40 percent employment is already heavily burdened and
2015-06-11 16:00:00
Spinning mills resort to capacity cut to overcome domestic glut
Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major
2015-06-11 15:00:00
Indonesian textile makers in trouble over rising production costs and low sales
With an economic slowdown pressing people’s purchasing power, Indonesian textile producers are facing weak sales and rising production costs. They have urged the government to take swift
2015-06-11 10:00:00
FICCI seeks Govt intervention vis-à-vis cotton crisis
Dr. A Didar Singh, Secretary General of the apex industry body Federation of Indian Chambers of Commerce and Industry (FICCI) wrote a letter to Textiles Minister Santosh Gangwar regarding the
2015-06-10 11:00:00
CCI chooses Bangladesh for export of cotton comes through its global tender
The Cotton Corporation of India (CCI) has finally decided to come out with global tender for export of cotton to Bangladesh. CCI chose Bangladesh as the logistics are better and easier to manage
2015-06-08 14:00:00
Huntsman Textile Effects increase its footprints in textile industry of Vietnam
Huntsman Textile Effects, a division of Huntsman Corporation and a leading manufacturer of dyes and textile chemicals, is increasing its footprints in Vietnam. Its latest venture is a bonded
2015-06-04 15:00:00
Bengal govt plans to attract ₹37,000-cr investment through textiles parks
The West Bengal, Chief Minister Mamata Banerjee on Monday announced that in a bid to facilitate business in the state, the government has made an ambitious plan to attract around ₹37,000
2015-06-04 13:00:00
Ratan Tata invests into Kaaryah Gurgoan based fashion portal for women wear
Ratan Tata, former chairman of Tata Sons, has made yet another undisclosed amount of investment in his personal capacity into Kaaryah, fashion portal for women's wear. Gurgaon based online venture,
2015-06-04 12:15:00
Textile industry in Pakistan urges for zero import duty on polyester fibre
The All Pakistan Textile Mills Association has urged the government to bring the import duty on polyester staple fibre down to zero. According to a press release, association’s acting chairman
2015-06-04 11:00:00
Global organic cotton witness ten percent rise in production
The global organic cotton market with three consecutive years of production decline from 2012 to 2014 has witnessed ten percent rise in production largely due to increased market demand as well as
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