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Towel exporters expect orders worth $10m at TEXPO 2016
Towel Manufacturers Association of Pakistan Chairman Farrukh Maqbool said that TEXPO-2016 was a successful experiment as Institutions, hotels, hospitals and retailers have shown more interest in
APTMA urge withdrawal of GIDC from entire textile chain
All Pakistan Textile Mills Association (APTMA) has urged the government to completely remove the Gas Infrastructure Development Cess (GIDC) from the entire textile chain to enable it to regain its
Shandong Ruyi to buy control of SMCP, Fresh fashion group
China’s Shandong Ruyi to buy control of SMCP, the French fashion group and owner of the Sandro and Claudie Pierlot brands at €1.3bn including debt. Sandro, Maje and Claudie Pierlot,
Kenya invites Chinese investors to explore big investment opportunites
Kenya having created a favorable and enabling environment to attract investment locally, regionally and globally invites Chinese investors to explore big investment opportunities in various key
New trade policy to serve as a booster to export industry
The newly announced trade policy would serve as a booster to the existing export industry, said Rawalpindi Chamber of Commerce and Industry (RCCI) President Mian Humayun Parvez on Friday. He
Vietnam's rising share in China's yarn market impacts Indian yarn exports
India’s spun yarn exports in February 2016 were up by 22.8 per cent in volume terms while it declined 17.3 per cent in value terms. Spun yarn (all kinds) shipments in February 2016 were at 158
IL&FS plans to launch EDS an online platform for textile and apparel SMEs
IL&FS Cluster Development Initiative Ltd (IL&FS Clusters) is a subsidiary of IL&FS Group, has been established for developing solutions for textile and apparel SMEs is planning to launch "Enterprise
Yarn industry welcomes reduction of Vat proposed in state budget
The cotton spinning industry welcomes reduction of VAT on cotton and other yarn from 6.05% to 3.63% in the state budget proposed on Tuesday. The spinning industry was facing tough times in Punjab
Dastagir inauguarates South Asia's biggest expo Textile Asia 2016
Minister for Commerce Engr. Khurram Dastagir Khan, inaugurating the 15th Textile Asia 2016 Exhibition, the South Asia’s Biggest International B2B Textile Spinning, Knitting, Weaving. Garment,
Ludhiana garment industry likely to come under the excise net
The garment manufacturing industry in Ludhiana unhappy with the third budget of the NDA government as it has imposed a two percent excise duty on branded readymade garments having retail price of
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