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Pakistan: Input being taken for textile policy: minister

The federal government has been organising seminars on textile industry across the country following President Zardari’s instructions to chalk out a comprehensive and flawless textile policy. After a series of seminars, a grand final seminar on problems and needs of the sector ...

India: Why sops for raw cotton exporters?

It came as a shocker to India’s textile industry which was pitching hard for some additional incentives from the government to tide over the crisis caused by a sharp decline in export demand. On February 17, the Centre announced a 5% incentive for exporters of raw cotton through ...

Ghana: Textile industry goes bankrupt

The number of textile and garment factories operating in the country has reduced from 14 in 1975 to only five this year. This has caused considerable job loss within the sector from about 25,000 to approximately 4,000. The companies which have managed to stay in operation include ...

New Zealand: Jobs losses and shorter weeks announced at textile factories

More redundancies have been announced in the textile industry and the National Distribution Union (NDU) is calling for some textile companies to opt for the Government's nine-day fortnight to save jobs. Pacific Brands announced yesterday it would end manufacturing at two of its ...

Garment industry pins export hopes on Japan

Thai garment exporters are looking to Japan as a "survival market" as shipments to other key markets decline in the wake of the global economic crisis. The Thai Garment Manufacturers Association (TGMA) is targeting a 5-per-cent share of Japan's garment import market next year -- ...

Nigeria:Northern Union wants Govt to release textile funds

The Northern Union has insisted that the Federal Government release the N70 billion textile revival fund to be allocated for the Nigerian cotton and textile industries, that used to employ more than 2,00,000 workers. The Chairman of Management Committee of the Union, Chief ...

Pakistan: Govt to finalise textile policy before budget

The government would work with textile manufacturers to finalise a comprehensive long-term policy before next budget to address the woes of the industry, said Finance Adviser Shaukat Tarin on Saturday. The incentive-laden textile policy aimed to point out weaknesses in the whole ...

Malaysia: Govt support crucial for textile sector

The Malaysian Knitting Manufacturers Association (MKMA), which caters to the welfare of all knitting-related industries such as spinning, dyeing, printing, knitting and sewing, says government support is crucial for the textile industry during bleak times. Executive director ...

Pakistan: Textile policy to be announced in June

Federal Minister for Textile Industry Rana Mohammad Farooq Saeed Khan has directed Faisalabad Garments City Company (FGCC) to finalise its rental policy to immediately lease out the blocks completed in FGC. Addressing the Board of Directors (BOD) meeting of the FGCC at Khurarianw...

Africa: Textile industry looks at novel ways to thrive

WHILE the woes of the clothing and textile industry are worsening, an apparel initiative to promote a regional response to global demands shows that not everyone in the industry has surrendered to the grim outlook. A two-day African apparel business-to-business (B2B) event, ...

US cotton trade sees red over Indian subsidies

The US cotton industry has expressed its concern over subsidies being provided by the Indian government to its cotton growing farmers, alleging it is in violation of the World Trade Organization’s (WTO) norms. Testifying before the US International Trade Commission hearing on ...

Ghana: Authorities take measures to protect textile industry

All textile imports are to be re-routed through one port, as was done previously, as the Ministry of Trade and Industry and stakeholders take measures to close the door to imported cheap textiles that are having a detrimental effect on the Ghanaian textile industry. The Ministry ...

India: Slowdown-hit textile sector gets lifeline from Argentina

It looks like a silver lining for the Indian textile industry, which is one of the worst hit sectors by the global financial crisis. Argentina is eyeing investments into India’s textile industry and 34 Indian companies received orders at the recently concluded exhibition and ...

Pakistan: Withdrawal of import duty on PSF demanded

All Pakistan Textile Mills Association (APTMA) has demanded of the government to withdraw 4.5 per cent import duty on Polyester Staple Fibre (PSF) in budget 2009-10, besides removing import restrictions, which are burdening the industry heavily. In the year 2008-09, customs duty ...

Nigeria: Fresh N100 Billion Deal for Textile Industry

Operators in the textile sector are set to benefit from a N100billion cotton and textile management fund, said to have been approved by the Federal Government. The fund is a comprehensive programme to revive the textile sector and designed to improve the value chain from the ...

India: Textile exports may get back top spin

Textile exports may pick up in the next four months, as industry players seek opportunities in new markets such as South Africa, South America, Japan, New Zealand and Australia. A slight improvement in demand from traditional markets such as the US and Europe is also expected to ...

India: Maran hints at national fibre policy, stimulus package

A national fibre policy, stimulus package for textile industry, networking of the textile clusters in western Tamil Nadu and a national institute of fashion technology in Coimbatore are among the proposals made by textiles minister Dayanidhi Maran on his maiden visit as a ...

Pakistan: New textile policy draft being forwarded to NEC

Consultations with all the stakeholders for the new textile policy have been completed and a draft policy will soon be sent to the National Economic Committee (NEC) for approval. This was told during a seminar titled “Emerging Trends in Pakistan Fashion Industry” organised by the ...

India: High interest, raw material cost hit textile industry

High interest rates, lack of credit, high raw material prices and recession in the US and Europe have hurt the country's cotton textile industry, the Economic Survey said on Thursday. All these factors, the Survey noted, lead to a decline in textile fabric production by 1.9 per ...

Indonesia:Businessmen ask for delay to ASEAN-China FTA

The Indonesian Textile Association (API) has asked the government to delay implementing the Free Trade Agreement between ASEAN and China until 2015, back from the original schedule of 2010, citing a lack of preparation. API Vice Chairman Ade Sudrajat said Tuesday the local ...
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