Credit rating agency Crisil has suggested the need for export interest subvention for spinning textile sector, according to media reports. As per the interim report, prepared based on the request of Texpreneurs Forum, a copy of which was presented to the Commerce Minister, Nirmala Sitharaman last … Read more about ‘Spinning sector needs export interest subvention’
Future Materials Awards returns to ITMA 2015
Following the hugely successful inaugural event last year in Dresden, Germany, the ITMA Future Materials Awards returns to ITMA 2015 being held in Milan, Italy from November 12-19, 2015. According to a WTIN press release, the industry leading awards recognise innovation and achievement right … Read more about Future Materials Awards returns to ITMA 2015
Two Swiss Textile Products Bag Techtextil Innovation Award
Two Switzerland produced technical textile products are among the eight winners of the Techtextil Innovation Awards announced on day-1 at Techtextil . The first product to win an award in the ‘New Product’ category is the textile-based ECG belt, a product made in cooperation between the Swiss … Read more about Two Swiss Textile Products Bag Techtextil Innovation Award
Monforts Shows Special Machinery In Technical Textile Expo
Textile machinery manufacturer, A. Monforts TextiImaschinen, has successfully presented its special composites machineries at Filtec expo in Cologne and the recent JEC Composites Show in Paris for the first time. Monforts offer special machines for specific impregnation processes that … Read more about Monforts Shows Special Machinery In Technical Textile Expo
Aptma Expresses Concerns Over 16 Percent Fall In Exports
The All Pakistan Textile Mills Association (Aptma) has voiced its serious concerns over the alarming fall of 16 percent in textile and clothing exports in March and set up a task force to discuss the gravity of the situation. The force on 'sustainability and way forward' has a strong … Read more about Aptma Expresses Concerns Over 16 Percent Fall In Exports
Cotton market: Cautious selling by ginners amid short supply
Trading activity came down modestly on the cotton market on Saturday as the ginners indulged in cautious selling due to diminishing stock of lint cotton with them, dealers said. The official spot rate was unchanged at Rs 5300, dealers said. Over 2,000 bales of cotton changed hands between Rs 4850 … Read more about Cotton market: Cautious selling by ginners amid short supply
Pak Exhibitors Receive Big Response At Istanbul Textile Show
First international textile exhibition in Turkey, Texworld Istanbul Spring 2015, welcoming 150 exhibitors from many countries and more than 5000 visitors, proved a big opportunity for Pakistani exhibitors to showcase their products. Consul General of Pakistan in Istanbul, Yousaf Junaid was … Read more about Pak Exhibitors Receive Big Response At Istanbul Textile Show
Cotton Market Rates Firm Up On Sustained Demand
Not much improvement was seen in the trading activity on Saturday as the sellers preferred to be on the sidelines mainly because of shortage of crop, dealers said. The official spot rate was unchanged at Rs 5300, dealers said. So, in the ready session, around 3,000 bales of cotton changed hands … Read more about Cotton Market Rates Firm Up On Sustained Demand
Uzbekistan Starts Major Textile Complex Construction
LT Textile Cooperatief UA, a Dutch textile firm, has started the construction of a large textile complex spread over 30 hectares in Kashkadarya region of Uzbekistan, according to media reports. The construction of the textile complex comes on the back of an investment agreement between the ministry … Read more about Uzbekistan Starts Major Textile Complex Construction
Pakistan Cotton Arrivals Rise 10.85% Year-On-Year
Pakistan has recorded a 10.85 per cent increase year-on-year in cotton arrivals at ginneries in the country as on April 1, 2015. A total of 14.838 million bales have arrived compared to last year’s total of 13.385 million bales, according to the a report on cotton arrivals, prepared by the Pakistan … Read more about Pakistan Cotton Arrivals Rise 10.85% Year-On-Year
Bangkok Hosts first Global Textile Congress
Arvind Sinha delivering welcome speech The first ever Global Textile Congress held recently in Bangkok discussed ways to develop lasting business relations between countries producing textile fibres, fabrics, machineries and carrying out extensive research in all related areas. Organised by the … Read more about Bangkok Hosts first Global Textile Congress
Textile Asia Exhibition: Pakistan May Strike Business Deals Worth $700 Million
Textile Asia Exhibition: Pakistan may strike business deals worth $700 million Former adviser to prime minister on Textile Industry Dr Mirza Ikhtiar Baig said here on Sunday that the country is expecting business deals worth $700 million during Textile Asia Exhibition. Baig, who was chief guest at … Read more about Textile Asia Exhibition: Pakistan May Strike Business Deals Worth $700 Million