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Ethiopian textile industries yet to gain global scale albeit development going on

There has been an increasing amount of interest in Africa, particular in Ethiopia as a land of immense resources, growth…

11 years ago

Ayke Textile plans 1bn Birr investment to expand its textile capacity

Ayka Textile, a vertically integrated textile manufacturer, covering spinning, knitting, dyeing and sewing originally from Turkey moved to Ethiopia to…

11 years ago

Yarn producers in Pakistan urge government to help avert crisis

Yarn spinners in Punjab region are headed for another crisis which can force them to stop production or to close…

11 years ago

Pakistan cotton prices witness drop despite rising price trend on the world market

In the face of rising price trend on the world markets, Pakistan has not only decreased local cotton prices, but…

11 years ago

Ethiopia textiles and garment sector exports picking up

The Ethiopian textile and garment sector is under growing pressure to expand more rapidly with the Ethiopian Government setting ambitious…

11 years ago

Coteminas eyes Turkey as its next ideal location for investment

Coteminas S.A., the biggest vertically integrated textile group in Brazil, Latin America sees Turkey as an ideal location for investment…

11 years ago

Spinners, garment manufacturers strongly discord over duty on yarn imports

The Pakistan spinners and garments manufacturers both having strong line of reasoning to support their positions over the duty on…

11 years ago

Unstable currency affecting cotton market

Cotton prices came under renewed pressure in the absence of buying interest. The market is likely to remain unstable, unless…

11 years ago

Pakistan cotton market witnessed dull and inactive condition

The cotton market remained dull with not much activity on Monday as millers and spinners were lesser as buyers stayed…

11 years ago

U.S. textile sector continues to see positive trend in FDI due to Yarn Forward rule

The United States has become an increasingly attractive option for textile manufacturers, the key driver for surge in foreign direct…

11 years ago