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APTMA to formulate task force to achieve double-digit growth of textile industry
The central body of APTMA expressing concern over the steep fall in textile and clothing exports of 16 percent in the month of March due to depreciating Euro has constituted a task force to
Nextt plans to participate in Make in India initiative
Nextt, US-based home textile company has decided to participate in the 'Make in India' initiative by launching its products in the country early next year. The company are in discussions with
Indonesia likely to complaint with WTO over Turkey’s antidumping measures
Trade authority of Turkey last week extended higher levies on Indonesian yarn of man-made staple fibers, which are to apply for five years following a recent review. The duties, ranging from 25 cents
SAE-A Spinning launched operations of its new yarn spinning plant in Costa Rica
SAE-A Spinning is a subsidiary of South Korean company Sae-A Trading Co., manufacturer of quality apparel launched operations of its new yarn spinning plant in the province of Cartago in Costa Rica
Govt revises cotton output estimate to 39 mn bales for current marketing year
The government has revised its cotton production estimate for the current marketing year due to unseasonal rains and hail storms across the county from 40 million bales to 39 million bales. Cotton
CPEC project to spur huge trade, business and economic activities in Central Asian regions
China-Pakistan Economic Corridor (CPEC), the $46 billion project is the biggest overseas investment by China announced yet and the corridor is expected to be operational within three years and will
Apparel, home textile and technical textiles likely to double their market size by 2023
India's apparels, home textiles and technical textiles segments are expected to double their market size. According to the latest report by Technopak Advisors, India's leading management consulting
Reopening of Mulungushi Textiles deferred
Re-opening of Mulungushi Textiles in Kabwe deferred as the concessionaire Mohammed Enterprises Tanzania Limited (MeTL) Tanzania’s largest home-grown company, worth more than US$1 billion has
General price kept leading buyers active on Pakistan cotton market
Buyer remained alert and only made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate. While general price kept the leading buyers
Handloom offficials get training on strategy to motivate handloom worker
A major portion of the State’s population is into handloom business after agriculture. As the handloom sector is facing a major challenge as weavers are giving up the profession and migrating
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