The Egypt Government’s policy of developing 10 industrial areas allotted to textile and clothing manufacture gets an impetus by the announcement made by the minister of Trade and Industry, Tarek Kabil. According to the announcement,the Ministry of Trade and Industry will provide 1m sqm of land for textile and clothing industries in Badr City in December as part of the government’s plan.The development of the industrial areas will take place within a time period of 5 years. Kabil said that

Indian government has extended the export entitlement quota for readymade garments & knitwear, yarn, and fabrics & made-ups to the US, Canada and European Union for one year with effect from January 1, 2017. This policy was initially introduced by the government for one year with effect from January 1, 2005, and has been extended since then. The previous extension of the residuary provisions of garments and knitwears export entitlement (quota) policy and yarn, fabrics & made-ups

Many textile and garment enterprises are investing in textile and dyeing complexes to ensure material for sustainable development, Vietnam Television (VTV)reported recently. To avail themselves of business opportunities from the Trans-Pacific Partnership (TPP) agreement, many textile and garment firms have over the past two years started building textile and dyeing complexes. For instance, 10 enterprises have invested hundreds of millions of US dollars in those complexes in southern Binh Duon

CHINA’S stabilizing economy has bolstered household confidence and raised companies’ expectations of hiring more workers next year, separate surveys showed yesterday. The China Wealth Index, which is compiled every two months by Bank of Communications and research firm Nielsen, rallied to 140 in November — a record in the survey’s history as it rose 5 points from September. A reading above 100 reflects optimism among nearly 2,000 households interviewed. “China’s economic growth has stab

Pakistan is expected to produce 10.542 million bales (1 bale=170 kilograms) during the current season, according to the Cotton Crop Assessment Committee (CCAC). The estimates were released during the third meeting of the CCAC held on Monday under the chairmanship of Federal Secretary of the Ministry of Textile Industry Hassan Iqbal. Representatives of provincial governments of Sindh and Punjab, cotton growers, the Trading Corporation of Pakistan, the Karachi Cotton Association and the Pak

Cotton prices in the Brazilian market resumed increasing trend in later part of November. In the first fortnight of the month, cotton prices increased slightly but stabilised in mid-month, only to again see rising trend in end of November, Center for Advanced Studies on Applied Economics (Cepea-Brazil) said in its latest fortnightly report. The scenario prior to the end of the month was linked to the gap between bidding and asking prices, which, in turn, was related to the quality of the cot

The textile industry has laid off over 10,000 workers and units were forced to stay shut for up to four days in a week due to the liquidity crunch following the demonetisation of Rs 500 and Rs 1,000 currency notes, according to the Amritsar Textile Processor Association (ATPA). The production at processing units in Amritsar reduced to 25 per cent. The textile sector was labour intensive, and close to 40 processing units in Amritsar help sustain over 700 warp knitting and textile weaving unit

Cotton output in Pakistan during 2016-17 season has already surpassed the total amount produced in the previous season. Ginneries in Pakistan have received 9.778 million bales of cotton by December 1, 2016, compared to the total arrival of 9.768 million bales in the previous season, according to the Pakistan Cotton Ginners' Association (PCGA). By December 1, 2016, cotton received at ginneries in Pakistan show an 13.28 per cent year-on-year increase over arrival of 8.631 million bales during

Brazilian printmaking studio Elaia, which designs prints for both fabric and clothing manufacturers, has been distributing prints to textile mills that produce traditional Arab outfits in Sudan and Morocco since last six months. Prints are created by transferring ink from metal plates to engrave or etch on a sheet of paper or other material. The studio that has began getting several orders from Sudan and Morocco also creates signature collection, artistic and photograph based prints. Nearly 6

The government has not imposed any restriction on import of Indian cotton via Karachi port, Pakistan's commerce minister Khurram Dastgir has said. However, the government has put a restriction of importing 500,000 cotton bales in a year through the Wagah border. Despite tensions, Pakistan's trade regime with India remains unchanged, the minister said. The clarification was made by Dastgir in response to a point raised by the Senate Standing Committee on Textile Industry chairman Mohsin Aziz,