Textile Industry News

Experts Warn Vietnamese Industries Of TPP Barriers Vietnamese textile, garment and footwear makers will need to navigate through a minefield of barriers to benefit from the opportunities that the Trans Pacific Partnership (TPP) will bring, experts have said. They warned that Vietnamese textile and … Read more about Experts Warn Vietnamese Industries Of TPP Barriers

IMF And India Set up Capacity Development Centre International Monetary Fund (IMF) managing director Christine Lagarde and India's finance minister Arun Jaitely agreed today to establish a capacity development centre in New Delhi. The centre, to be named the South Asia Regional Training and … Read more about IMF And India Set up Capacity Development Centre

Russia May Buy Turkmenistan Textiles Russia and Turkmenistan held discussions this week to explore possibilities of selling Turkmenistan's textile and cotton products in the Russian market, the Russian Chamber of Commerce and Industry said on its website. During the discussions, the Russian side … Read more about Russia May Buy Turkmenistan Textiles

Asia Pacific E-commerce To Double In 5 Years China, Japan, South Korea, India, and Australia are tipped to fuel e-commerce growth in Asia Pacific in the next five years. According research and advisory firm Forrester, total online retail revenues will nearly double from $733 billion in 2015 to … Read more about Asia Pacific E-commerce To Double In 5 Years

Let Free Market Determine Cotton Seed Price' The Economic Survey 2015-16 tabled in Parliament on Friday does not favour the central government's decision to control sale price of cotton seeds, including that of genetically modified (GM) varieties. It said that markets should be allowed to … Read more about Let Free Market Determine Cotton Seed Price’

Indonesian Textile Body For Streamlining Stimulus Package Indonesia's textile industry has called for effective implementation of the government's economic stimulus packages to improve competitiveness as the country moves toward free trade agreements with several countries. Indonesian Textile … Read more about Indonesian Textile Body For Streamlining Stimulus Package

74 Textile Parks To Draw Rs 30,000 cr Investments Ahead of the new textile policy, Textiles Minister Santosh Gangwar has said that the government expects an investment of Rs 30,000 crore in 74 textile parks that would be set up in the country. "Our government has given approval to 24 Textile … Read more about 74 Textile Parks To Draw Rs 30,000 cr Investments

PCGA Urges Government To Impose Ban On Import Of Cotton From India Pakistan Cotton Ginners'' Association (PCGA) has stressed the need for imposing a complete ban on the import of cotton and cotton yarn from India till the end of cotton season and disposal of one million bales lying in ginneries … Read more about PCGA Urges Government To Impose Ban On Import Of Cotton From India

  Bengal trying to turn itself into textiles hub West Bengal can potentially emerge as a major textile hub with the state government unveiling plans for more than a dozen textile parks. Textile and garment was one of the focus areas at the recent Bengal Global Business Summit in … Read more about Bengal trying to turn itself into textiles hub

APTMA requests govt to drop TRS from industrial tariff Tariq Saud, chairman, All Pakistan Textile Mills Association (APTMA) has requested the Prime Minister of Pakistan to remove the tariff rationalisation surcharge (TRS) and adjust the Rs 3 per unit reduction in the industrial tariff, according … Read more about APTMA requests govt to drop TRS from industrial tariff

Aptma, China agree to more JVs, investment Ministry of Commerce China, Weihai and the All Pakistan Textile Mills Association (Aptma) have agreed to explore the potential of joint ventures and Chinese investment in textile sector of Pakistan. Ministry of Commerce China, Weihai has also invited the … Read more about Aptma, China agree to more JVs, investment