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Invest Karnataka 2016 to showcase 145 projects for investors
The Karnataka state government is holding ‘Invest Karnataka -2016’ for three days from February 3 for attracting investment from domestic and global firms. The government will be making
Make In India event to begin on Feb 13 at BKC
Prime Minister Narendra Modi will be inaugurating the Make In India event under the theme innovation, design and sustainability to be held in Bandra Kurla Complex (BKC) on February 13, 2016.
Chinese cos to use e-commerce platform to explore Arab market
A Chinese company, Ningxia based SRP Group dedicated to promoting cross border trade between China and Arab nations has signed a contract to rent 10,000 square meters of land in Dubai's Jebel Ali
Werner International to help Egypt restructure its textile sector
Egypt’s once-thriving textile manufacturing sector has weakened over past decades with its outdated machinery from the 1950s used in state-owned companies. Egypt has signed deal with US-based
Pakistani textile exporters unable to firm up its exports in US market
In the US, Pakistani textile exporters are losing their share to other exporting countries such as India, Vietnam and other competitors. Although in the US market the overall import demand for
APTMA sought remedial measure to achieve textile export target
A research study prepared by the All Pakistan Textile Mills Association (Aptma) reports that the Pakistan textile industry is impaired due to heavy taxes and surcharges, rendering it uncompetitive
Bangladesh ban on jute export likely to affect Pakistan
Pakistan’s jute industry fulfills all basic raw material requirements importing from a single country, Bangladesh which has allowed export of 11,000 tons of jute to Pakistan, orders booked
Decline seen in Chinese textile export during 2015
Japan and Europe have been China's main textile export markets due to sharp depreciation in yen and Euro had a direct negative impact on textile exports. China's textile and garment exports continued
Weakening yuan likely to create threat to Indian apparel exporters
India has its strength in the value-added, hand-embodied, casual fashion garments consisting of small orders, whereas China has its strength in high value, basic garments. The depreciation of Yuan,
India saw major slow down in export of polyester spun yarns to Slovenia
India exported a total of 2.56 million kgs of polyester spun yarn to 47 countries in November 2015 totaling US$5.73 million, out of which 16.8 percent was shipped by Turkey. The unit price
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