Textile minister underscores need for value-addition Federal Minister for Textile Industry Abbas Khan Afridi said Pakistan produces over 13 million bales of cotton and by converting one million bales to $ 2 billion value-added items the country could achieve the envisaged target of $ 26 billion … Read more about Textile Minister Underscores Need for Value-addition
Policy (2014-2019): Ambitious Textile Goals Unveiled
Policy (2014-2019): Ambitious Textile Goals Unveiled The government on Monday announced the Textile Policy (2014-19), envisaging to double textiles exports from the current level of $13 billion to $26 billion over the next five years, besides creation of 3 million new jobs. The … Read more about Policy (2014-2019): Ambitious Textile Goals Unveiled
Total contamination control for Bangla spinners from Uster
Total contamination control for Bangla spinners from Uster Uster Jossi Vision Shield Bangladesh imports a major portion of the cotton that is consumed in the country from many sources. Sourcing raw material all over the globe means Bangladeshi spinners have to deal with wide variations in the … Read more about Total contamination control for Bangla spinners from Uster
Orders with Italian textile machinery sector slips in Q4
Orders with Italian textile machinery sector slips in Q4 Although domestic orders appeared to rise, overall orders with the Italian textile machinery sector dropped in the fourth quarter of 2014, primarily from a dip in overseas orders. In the fourth quarter, overall textile machinery orders … Read more about Orders with Italian textile machinery sector slips in Q4
PYMA Concerned Over Huge Import Of Cotton Yarn From India
PYMA concerned over huge import of cotton yarn from India Pakistan Yarn Merchants Association (PYMA) has expressed grave concern over excessive import of cotton yarn from India and termed it a deep conspiracy to destroy the Pakistani yarn industry. These apprehensions were expressed by Central … Read more about PYMA Concerned Over Huge Import Of Cotton Yarn From India
Non-Payment of Refund Claims: Textile Sector Facing Serious Financial Crunch
Non-payment of refund claims: textile sector facing serious financial crunch: Prgmea Members of Pakistan Readymade Garments Manufacturers & Exporters Association (Prgmea) have said the value-added textile sector is facing serious financial crisis, because more than Rs 205 billion of the … Read more about Non-Payment of Refund Claims: Textile Sector Facing Serious Financial Crunch
GSP-Plus status: President FCCI Hails 21 Percent Increase n Textile Export
GSP-Plus status: President FCCI hails 21 percent increase in textile export - Phenomenal increase of 21% in textile export to European Union (EU) countries during 2014 after the grant of GSP-Plus status is very encouraging , however diversification of export is imperative to fully harvest the … Read more about GSP-Plus status: President FCCI Hails 21 Percent Increase n Textile Export
Textile-Specific Subsidies in India Make Pakistan Industry Uncompetitive
Textile-specific subsidies in India make Pakistan industry uncompetitive: APTMA Group Leader APTMA Gohar Ejaz has cautioned the government that overloaded textile-specific subsidies in India has made Pakistan's textile industry uncompetitive. According to him, the weaving industry of Pakistan has … Read more about Textile-Specific Subsidies in India Make Pakistan Industry Uncompetitive
Textile industry to get refunds by February-End
Textile industry to get refunds by February-end: zero-rating request rejected Thursday, 29 January 2015RECORDER REPORTE-mailPrintPDF While assuring textile industry to clear pending refund claims by end-February 2015, the Federal Board of Revenue (FBR) has rejected the request of the industry for a … Read more about Textile industry to get refunds by February-End
Bed wear export grows less than one percent
Bed wear export grows less than one percent The country's export of bed-wear grew less than one percent during July to December, 2014-15, to $899.731 million, as textile manufacturers blamed the government's disinterest for the stagnation. According to Pakistan Bureau of Statistics, bed-wear … Read more about Bed wear export grows less than one percent
Eighth council meeting of TIFA
Eighth council meeting of TIFA: Schedule under consideration January 15, 2015 WASIM IQBAL0 CommentsE-mailPrintPDF The schedule for US-Pakistan Trade and Investment Framework Agreement's (TIFA) eighth council meeting is under discussion, an official told Business Recorder. Sources in Board of … Read more about Eighth council meeting of TIFA
Activity Fails To Pick Up Pace Amid Lack Of Buying Interest
Cotton market: activity fails to pick up pace amid lack of buying interest Trading activity could not pick up on the cotton market on Wednesday owing to lack of buying interest, dealers said. The official spot rate was unchanged at Rs 4,950, dealers said. In the ready session, over 12,000 bales … Read more about Activity Fails To Pick Up Pace Amid Lack Of Buying Interest