The Textiles Ministry has recommended to the Centre to reduce excise duty on man-made fibres (MMF) from 12 per cent to 6 per cent, according to an agency report. The recommendations came following Textile Commissioner Kavita Gupta's discussions with various export promotion councils and traders' bodies recently. At a meeting with Tirupur Exporters' Association at Tirupur, Gupta said it was for the government to decide on the reduction, according to sources. The Textile Commissioner also

Zambia has recorded an increase of 20,000 tonnes in cotton production for the agricultural season 2014-2015, as per Zambian media reports. The seed cotton production increased to whopping 1,15,000 metric tonnes in the 2014-2015 agricultural season compared to 95,000 metric tonnes in the 2013-2014 season, according to the Zambia Cotton Ginners Association. “The increase in cotton production could be attributed to the continued private sector-led input and market service delivery by the gin

Major Taiwanese textile firms participating in the international textile machinery exhibition ITMA will showcase their latest developments and advantages of using their new materials at the show, Taiwan Textile Federation's Textile Export Promotion Project (TEPP) has said in a statement. Most of the major Taiwanese companies are vertically integrated, which helps them achieve absolute control of the entire manufacturing process to ensure that production is sustainable across all links of the

It seems that every winter we're faced with a choice when it comes to coats: go for a warm option to battle the elements or go for something really fashionable that, say, maybe isn't exactly what you need to ward off the biting cold. Well, this season, there's a happy medium when it comes to winter coat trends. The fit-and-flare wool coat is elegant enough to wear with sharp trousers, long enough to wear with your midlength skirts or dresses—and the best part: the style covers your butt! So whil

The China Hi-Tech Group Corporation (CHTC), a state-owned large-scale central enterprise will showcase some of its latest products, including a spinning system, a textile equipment network monitoring and management system, carpet twister, and a soft and smooth ring spinning unit, in hall 3 booth A101 at ITMA 2015. CHTC's spinning system called Roving-Ring-Winder Link System is composed of JWF1418A Roving Frame with Auto-doffer, JWF1562 Ring Spinning Frame with integral doffer and SMARO-I auto

China has surpassed the US to become the world's largest online retail market with its e-commerce grossing $439 million of revenue last year (or 7 per cent of its GDP), state-owned Global Times said quoting a report of the China Internet Network Information Centre (CNNIC). According to the report, the internet has become a critical element of China's economic progress in the past five years. Online retail transactions reached 2.79 billion yuan ($439 million) in 2014, one of the key economic a

Pakistan’s exports to EU which had reached $7.52bn in calendar year 2014 from $6.22bn over 2013, an increase of 21.24pc in the first year of GSP plus scheme is showing marginal increase in its growth. According to EU official data, Pakistan’s garments exports to EU reached $1.463 billion in January-July 2015 from $1.437bn over the corresponding period of last year. In euro terms, the value of garments exports to EU witnessed a growth of 26.78pc during the period under review and in quantity

According to the Association of Italian Textile Machinery Manufacturers (ACIMIT), textile machinery orders saw a drop of 2% in the third quarter of 2015 as compared to the same period last year. The value of the orders index for textile machinery stood at 86.9 points (basis 2010=100) for the period ranging from July to September 2015. The orders in the foreign market declined abruptly after four consecutive periods of growth. The index of orders has decreased by 4% as compared to the same

Pakistan's raw cotton exports during the first quarter of current fiscal year (FY16) registered a 10 percent growth due to lower commodity prices in the domestic market and higher demand on the international front. India, Indonesia and Vietnam were leading buyers of Pakistani cotton. Bangladesh also procured some commodity during the first three months of this fiscal year, when prices were less than Rs 4,800 per maund in the domestic market. They procured some quantity from Pakistan to meet t

Zimbabwe government is yet to gazette Statutory Instruments (Sis) discouraging cheap imports of textile products into the country due to which the local textile industry has been operating at below 30% of capacity in the first-half of the year, said Zimbabwe Textile Manufacturers’ Association (ZTMA) secretary-general Raymond Huni The government is in the process of gazetting the SIs enforcing the rebates introduced by the Finance minister (Patrick Chinamasa). They hope that the SI would be ga