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TDAP plans to double its exports to Sri Lanka in a year’s time under FTA
Both countries Pakistan and Sri Lanka failed to fully utilize the FTA that came into effect in 2005 due to which bilateral trade remains range bound with an average of $350 million for the last six
Computerized design centre for weavers inaugurated at Ranchi
Jharkhand and Odisha are the first states to be given funds to begin a computer aided design centres to make weavers well equipped in modern handloom designing . The design centre is a project of
3 international tradeshows on garment industry to begin soon in Dhaka
The 15th edition of GARMENTECH Bangladesh 2016 is schedule to begin in Dhaka on January 13, alongwith it Gapexpo 2016 (for accessories) and Yarn & Fabrics Sourcing Fair 2016 will be also held which
Invest Karnataka 2016 to pitch Chittapur, Yadgir as potential investment hubs
At the three-day Invest Karnataka 2016 to be held in Bengaluru from February 3, the proposed National Investment and Manufacturing Zone (NIMZ) at Chittapur and a textile park and industrial hub
Falling crude oil sets nylon chain on a freefall
The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since they were at their yearly peak in May-June. The plunge was triggered by the rapidly falling crude
Mah govt to provide textile owners subsidy delinked from bank loan
Maharashtra government for the first time has taken decided to provide subsidy to textile owners which would not be linked to bank loans. In a policy decision taken last week, the state government
Zimbabwe's textile industry warns of closure due to delay in extending rebate
The textile industry of Zimbabwe urged the government to extend the clothing manufacturers rebate by another 12 months. Industry officials have also warned that if the government delays this
Blended yarn price falls in China and Pakistan
In Qianqing, PC (65/35) 32s yarn prices fell to US$2.41 a kg while 45s PC combed yarn prices were down US cents 4 a kg in the last week of December. Blended spun yarn prices further fell in
Grants by ministry likely to give Sanganer units new lease of life
Ministry of textiles is likely to give the textile units in Sanganer Rs160 crore for setting up a zero liquid discharge (ZID) plant to keep pollution under control. These units were served closure
ITF member textile mills demand rationalize duty structure on MMF
Member textile mills of Indian Texpreneurs Federation (ITF) feel two things that can bring transformational change to Indian textile industry is rationalization of duty structure on Man Made Fibre
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