Textile Industry News

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has submitted the proposals to Prime Minister for bringing revolutionary changes for enhancing the export volume, said PRGMEA spokesperson Ijaz A Khokhar. Talking to Business Recorder on Sunday he said that PRGMEA had … Read more about PRGMEA demands establishment of ‘Trade House’ in Dubai

The All Pakistan Textile Mills Association in the Punjab has accused India of waging "an economic war" by targeting the textile industry in Pakistan. Association Chairman Aamir Fayyaz said in a press conference on Saturday, "The textile industry is the largest industrial base of Pakistan and India … Read more about India Waging ‘Economic War’ : APTMA

The International Cotton Advisory Council (ICAC) expects world cotton trade to be stable in the 2015/16 season to be stable. In its latest report, ICAC forecasts world cotton imports to also remain unchanged at 7.6 million tons in 2015/16. While China is likely to remain the world's largest … Read more about ICAC Expects World Cotton Trade To Be Stable In 2015/16

Switzerland, the UK, Sweden, the Netherlands and the US are the world's five most innovative nations, according to the Global Innovation Index 2015, while China, Malaysia, Viet Nam, India, Jordan, Kenya, and Uganda are among a group of countries outperforming their economic peers. The GII 2015 … Read more about Switzerland, UK, US lead in Global Innovation Index 2015

It is indeed a great irony and an apathy that the Prime Minister of Pakistan called a meeting of Exporters Associations after two and a half years - ie after 50% of the tenure of the incumbent government and further irony that in this crucial meeting he gave time to the Spinning Sector - APTMA and … Read more about Apparel Sector dissatisfied over exporters meeting with Prime Minister

All Pakistan Textile Mills Association (APTMA) Chairman, S M Tanveer has said that the Prime Minister Nawaz Sharif has assured of resolving the textile industry issues in a meeting, likely to be held in second week of September with APTMA and other textile industry associations. He said the spade … Read more about Textile issues: meeting with PM expected in mid-Sept: S M Tanveer

  Fibre2Fashion's latest report “Global Textile Machinery Market Outlook -Trends and Forecast till 2020 – By Type, By Sales Volume, and By Region and Exports”, identifies the major drivers and restraints for the global textile machinery market with an analysis of trends, opportunities, and … Read more about Asia-Oceania Tops Global Textile Machinery Consumption

An incentive of Rs 64.15billion cash subsidy to the textile and clothing sectors under the Textile Policy will boost exports to $26billion by 2019. The package announced under the Textile Policy (2015-19) carries special duty-drawback rates, duty exemption on plants and machinery, subsidy on … Read more about Incentives Will Help Boost Textile Exports to $26 Billion by 2019

The Prime Minister''s Office has reportedly vetoed the recommendation of the Cabinet Committee on Restructuring (CCoR) for merging the textile ministry with the commerce ministry, it is learnt. The CCoR meeting held on March 27, 2015 and chaired by federal minister for finance Ishaq Dar, had … Read more about Appointment of textile minister likely

Modest Trade Amid Pre-Holidays Session Modest trading was seen on the cotton market on Thursday as main buyers were conspicuous by their absence amid Eid-ul-Fitr holidays session, dealers said. The official spot rate was unchanged at Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs … Read more about Modest Trade Amid Pre-Holidays Session

  the world's top cotton consumer, will auction an initial volume of 1 million tonnes of cotton from its 10 million reserves during July and August, said the country's top economic planner on Tuesday, according to media reports. Beijing will offer 330,000 tonnes of domestic cotton from the … Read more about Massive Chinese Cotton Auction Likely To ShakeUp Market China