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Union Textiles Minister, Santosh Kumar Gangwar who is also the Chairman of All India Handloom Board speaking at the first meeting of the recently constituted All India Handloom Board was held in New Delhi, on 19th April said that the Government is committed to develop and promote handloom sector. He gave an overview of the various initiatives being taken by the Government for the development of the sector.
The Minister conveyed to the Board members that the Government under the leadership of
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Turkey to hit anti-dumping duties on U.S. cotton imports, the decision to introduce tariffs has been widely expected since Turkey's Economy Ministry said in February that U.S. cotton was hurting the country's domestic industry, a U.S. industry trade association said on Monday, fraying relations between one of the world's top fiber growers and one of its biggest customers amid weak global prices and demand.
Imports on a cost, insurance and freight (CIF) basis will incur dumping duties of 3 per
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A 15-member Jordanian business delegation from the Amman Chamber of Commerce (ACC) and the Textile & Ready-Made Clothes Syndicate which visited the first-ever textile-sector specific exhibition 'Texpo', organised by Trade Development Authority of Pakistan (TDAP), has been impressed with the quality and prices of the textile products in the exhibition.
The delegation was led by ACC board member Marwan Ghaith, and Sultan Allan, the syndicate's president.
“The Jordanian businessmen were v
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Sweden's re:newcell AB has announced that they have started the construction of their demonstration plant, where a completely new way of recycling cotton will revolutionise the fashion industry. With the company's newly developed technology, old textiles such as jeans or t-shirts, can be converted into new textile pulp. Such re:newcell pulp is then used to produce new clothes. The factory is located inside the AkzoNobel facility in Kristinehamn, Sweden, and is expected to be completed during the
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Cotton production has dropped 34.28 per cent to 9.768 million bales so far from 14.864 million bales produced last year, a shortfall of over five million bales, suggested data released by the ginners association on Monday.
The Pakistan Cotton Ginners Association (PCGA) in its latest fortnightly report said that Punjab alone suffered a loss of 4.88 million bales (44.88pc) at 6m bales up to April 15 over the same period last season owing to last year’s rains and floods coupled with pest attack
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Annual clothing sales in China will exceed $300 million in 2019, up 25 per cent from 2014. In comparison, apparel sales in the US are estimated to hit $267 million in three years, meaning China will surpass the US as the world's largest apparel market by the end of the decade, according to a report by SinoInteractive, a China-based PR company.
The report, which compared industry performance in the world's two largest economies, says that despite the strengthening of the Chinese yuan and risin
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Swiss technology group Oerlikon has announced that it has signed an agreement to acquire the entire staple fibres technology portfolio of Trützschler Nonwovens & Man-Made Fibres GmbH which is a part of the German Truetzschler Group, a specialist in fibre preparation for the yarn spinning and nonwovens industries. The acquisition expands the Manmade Fibres Segment's technology portfolio and opens up access to new customers in the market for synthetic staple fibres, Oerlikon said in a press re
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CHINA’S economy rose 6.7 percent year-on-year in the first quarter, the slowest in seven years, but an array of economic data point to a recovery in March.
Gross domestic product was 15.85 trillion yuan (US$2.44 trillion) in the first quarter, with the service sector accounting for 56.9 percent, 2 percentage points higher than the same period of last year, data with the National Bureau of Statistic showed today.
The GDP growth was slower than the 6.8 percent growth in the fourth quarter la
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Bangladeshi jute mill workers in Khulna have called off their strike after talks with the government.
“They are withdrawing their protests from this moment. They'll return to the factories from the next working day,” a newspaper quoted Mirza Azam, State Minister for Jute, as saying.
The workers have been assured of four-weeks of pay and dearness allowance to be paid before April 25, said Sohrab Hossain, convener of an organisation of state-owned jute mill workers.
“This has prompted us
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The Union Textile Ministry's North-East Region Textile Promotion Scheme (NERTPS) seeks to boost textile exports, increase jobs and curb the migration of workers. The scheme also aims to develop and modernise the textile sector by providing region-specific flexibility in execution with a massive funds infusion.
“Under the NERTPS, the textile ministry has been providing Rs.18 crore each for setting up of a ready-made garment manufacturing unit or 'Apparel and Garment Making Centre' (AGMC) in ea