Pakistan’s exports of textile and clothing fell by 1.21 per cent in 10 months of the current fiscal year from a year ago. Export proceeds of textile and clothing fell to $11.281 billion in July-April 2015 from $11.420bn over the corresponding period of last year, Pakistan Bureau of Statistics data showed. On a monthly basis, nominal growth of 2.94pc was witnessed in April 2015. In the last couple of months, exports of textile and clothing witnessed a negative growth. Export of low valu

An Apparel and Garment Making Centre is all set to come up at Agartala; the foundation stone for the same was laid byShri Santosh Kumar Gangwar, Hon'ble Minister of State for Textiles (I/C), Government of India and the Chief Minister of Tripura, Shri Manik Sarkar, on 20th May, 2015. A Silk Processing and Printing Unit was also inaugurated on the occasion, by the Union Textiles Minister and the Tripura CM. The project cost is Rs. 3.41 crore. These units are expected to provide employment to

Revival of buying interest pushed prices higher on the cotton market on Tuesday as many spinners rushed to replenish their stocks to meet their near future demand. However, the issue of Gas Infrastructure Development Cess (GIDC) is keeping the textile industry apprehensive after the Supreme Court has vacated the stay, floor brokers said. Depleting cotton stocks, particularly of quality lint, with ginners continue to restrict trading activity. Recent rains in Punjab have brightened the pros

Only one quarter of workers worldwide is estimated to have a stable employment relationship, according to a new report by the International Labour Organization (ILO). The report titled World Employment and Social Outlook 2015 (WESO) finds that, among countries with available data (covering 84 per cent of the global workforce), three quarters of workers are employed on temporary or short-term contracts, in informal jobs often without any contract, under own-account arrangements or in unpaid fami

Export earnings from the Turkey market dropped by 19.50 per cent to $581.25 million in the first 10 months of the current fiscal year due to a devaluation of the euro as well as the Turkish currency lira, dashing the exporters’ hope of getting another billion-dollar-market. Bangladesh’s export earnings from Turkey in the July-April period of the financial year 2013-14 were $722.12 million, according to the Export Promotion Bureau data. Following the imposition of safeguard duties by Turk

According to China Cotton Association, the cotton import price continued to grow in this March amid a declining import quantity, both saw further decrease year-on-year. Figures from the General Administration of Customs show that China imported 129,000 tons of cotton in March, down 31,100 tons or 19.6% from February and 42.4% from a year earlier. The import price stood at US$ 1,732/ton, rising US$ 34/ton or 2% from February, but down 16% from a year earlier. The figures also show that Ch

Foreign textile and garment firms to enjoy a zero percent import tax rate under the commitments of free trade agreements (FTA) such as the Trans-Pacific Partnership Agreement, the EU-Vietnam FTA, and the South Korea-Vietnam FTA are moving is full swing with plans to build production facilities in ahead of FTAs in Vietnam. Nguyen Duc Tiep, deputy head of the Quang Ninh Provincial Investment Promotion Agency’s Investment Promotion Division, said that Hong Kong’s Texhong Group is nearing complet

Narendra Modi (left) and Li Keqiang in Beijing/Courtesy: PIB India and China have agreed to optimally exploit the present and potential complementarities in the textiles and other sectors, as identified in the Five Year Trade and Economic Development Plan signed in September 2014. In a joint statement issued by the two countries during Indian Prime Minister Narendra Modi’s visit to China last week, the two sides took note of the increase in two-way trade and investment flows in the past

Nike and Levi are on a new journey to introduce the fashion world with the trend of experimenting with new fabrics. They aim to introduce the concept of ‘smart clothes and intelligent textile’ which is a measure to make use of trash and recycle it in such a manner to be called a treasure trove of every individual’s wardrobe. Nike proudly claims to have diverted two billion plastic bottles from landfills into people’s wardrobes. Recycled polyester promised superior performance and environment.

Thirty-five per cent of the readymade garment factories in the country lack first aid facility and required equipment for the purpose, according to a recent survey conducted by the Department of Inspection for Factories and Establishments. The survey conducted in 643 apparel factories in the January-March period found that 67 per cent of the factories did not serve accident-related notice while 46 per cent of them did not maintain safety record books and safety boards. A labour rights ac