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Search Results for: support textile sector

NITMA elects TT Limited’s Sanjay Jain as its new president
Mr. Sanjay K Jain, MD of TT Limited, has been elected as President of Northern India Textile Mills’ Association (NITMA), the apex body of textile industry in North India. NITMA elected its new
Nigerian govt to revive its CTG industry mulls production hub, tax incentives
The Nigerian Minister of State for Industry, Trade and Investment, Mrs Aisha Abubakar, at the Textile and Garment Manufacturing Conference organized by Africa Fashion Week Nigeria (AFWN) 2016 in
Buying remains dull at lint market on back of grade issue, physical price firm
Dull trading was seen at lint market as buyers made deals on slightly higher price according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate,
Tanzania to revamp stagnant industries giving them to potential investors
Tanzania government will give privatized industries which are not functioning to serious potential investors. The National Assembly are also making a survey to know if the privatized industries are
TS govt’s decision to reduce power tariff for spinning mills, a big relief
Spinning mills in the Telegana State which has been passing through a crisis for a couple of years, getting a big relief with the Telangana Government’s decision to reduce the power tariff.
Better volumes of second grade of lint kept trading firm
Better volumes of second grade of lint kept the trading firm, traders at the Karachi Cotton Association (KCA) said on Tuesday. Buyer remained cautious in making any big deal as they only made deals
Vietnam businesses unlikely to derive maximum benefits from TPP
Vietnam is unlikely to derive the maximum benefit from the Trans-Pacific Parternership trade pact, as few Vietnamese businesses have plans to switch from subcontracting to direct exports or reduce
Soex group plan to build new plant investing €5m in Sharjah
German based SOEX Group, a globally leading company in the sector of recycling and marketing of used textiles plans to invest €5 million (Dh20.7 million) in Sharjah’s Hamriyah Free Zone,
Bangladesh garment makers demand 0.30pc tax at source for next FY
The country’s garment and textile makers have urged the government to reduce tax at source to 0.3 percent for the next fiscal year from the proposed 1.5 percent to attract more investment as
Ethiopian investors express interest in financing Zim cotton production
The Zimbabwean cotton sector has over the years taken a nosedive due to the plummeting prices of the commodity on the international market, which has resulted in farmers shunning the crop. Vice
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