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Textile industry is expected to grow at a CAGR of 5.5%

Textile industry is expected to grow at a CAGR of 5.5%

🕔14:36, 15.Jan 2020

The global home textile market is one of the most profitable business segments in the global textile industry and is expected to grow at a CAGR of 5.5 per cent for the period of 2018-2024. •The industry is witnessing a

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Suresh Prabhu felicitates winners of InnoTex 2018

Suresh Prabhu felicitates winners of InnoTex 2018

🕔20:23, 14.Jan 2019

The winners of InnoTex 2018, a competition on innovative ideas/concept devised for best design, method, process, product and cost reduction in any area from ‘ginning to garment’, have been felicitated by the Union minister Suresh Prabhu. A total of ten

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New duty drawback rates to boost cotton textiles exports

New duty drawback rates to boost cotton textiles exports

🕔20:19, 14.Jan 2019

Welcoming the new duty drawback rates, the Cotton Textiles Export Promotion Council (TEXPROCIL) said the revision will boost the exports of cotton textiles. The government of India has increased the duty for cotton yarn from 1.2 per cent to 1.7

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KV Srinivasan elected chairman of TEXPROCIL

KV Srinivasan elected chairman of TEXPROCIL

🕔20:16, 14.Jan 2019

Dr KV Srinivasan, managing director of Sree Narasimha Textiles, Premier Mills and Premier Fine Linens Pvt Ltd, was elected as chairman of The Cotton Textile Export Promotion Council (TEXPROCIL) for the years 2018–2020. Srinivasan is also trustee of Kasthuri Sreenivasan

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MEA stepped up efforts to address trade related issues: Smriti Irani

MEA stepped up efforts to address trade related issues: Smriti Irani

🕔20:14, 14.Jan 2019

Textiles Minister Smriti Irani said the External Affairs Ministry has stepped up efforts to help the domestic industry facing trade-related challenges, including non-compliance of treaties by certain countries. While addressing a CII conference here, the minister said the domestic market

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Pakistani Punjab mills seek restoration of 28% gas quota

Pakistani Punjab mills seek restoration of 28% gas quota

🕔12:23, 12.Jan 2018

Expressing serious concern over suspension of the supply of system gas quota of two-day per week to Punjab industries from December 7, 2017, All Pakistan Textile Mills Association (APTMA) Punjab unit chairman Ali Pervaiz recently said the government had extended

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Large number of Pakistani companies participating in Heimtextil 2018

Large number of Pakistani companies participating in Heimtextil 2018

🕔12:15, 12.Jan 2018

Messe Frankfurt is the world’s leading trade fair, congress and event organizer with its own exhibition site and organizes world most inspiring textile exhibitions on periodic basis. Hemitextil 2018 is the upcoming event from the company that is all set

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SBP’s new procedure for PM’s package not executable

SBP’s new procedure for PM’s package not executable

🕔12:09, 12.Jan 2018

The ministries as well as the central bank, instead of quickly implementing PM’s export package for exporters, are constantly using delaying tactics, involving lengthy procedures, complex methodology and such conditions which can never be fulfilled. Pakistan Readymade Garments Manufacturers and

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0to intro Eco-Dri for retail sector

0to intro Eco-Dri for retail sector

🕔12:02, 12.Jan 2018

Towellers and Cocona will present innovative new products with 37.5® technology under the Eco-Dri brand at He imtextil. Eco-Dri towels are powered by the same active particles in 37.5 technology, Cocona’s fabric technology that has been proven to increase human

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Pakistan’s PHMA wants removal of import duty on cotton yarn

Pakistan’s PHMA wants removal of import duty on cotton yarn

🕔11:34, 12.Jan 2018

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has appealed to the government to withdraw duty on the import of cotton yarn, a raw material for the value-added knitwear sector, following the proposed withdrawal of custom duties on raw cotton import

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