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Truth behind Pakistan’s 3 times rise in textile exports
Pakistan saw 3.4 times increase in textile exports in April 2021. This growth was due to the low base effect in April 2020 when the first wave of COVID-19 affected industrial activity across the globe and in Pakistan.
Interloop to invest $300 mn in apparel unit in Pakistan
Pakistan-based apparel manufacturers Interloop plans to setup a new factory to expand its production. Expecting to meet the rising demand from the foreign markets, the company aims to double its revenues by FY2026.
Cotton contamination up reveals ITMF survey
The level of cottons moderately or seriously contaminated as perceived by the spinning mills from around the world grew from 23 per cent in 2016 to 26 per cent in 2019.
Surat hub stops fabric export to Pak
Exporters from the India’s largest man-made fabric (MMF) hub in Surat have stopped exports of fabrics to Pakistan in the aftermath of dastardly attack by a terrorist of Jaish-e-Mohammed (JeM) on a CRPF convoy in Jammu & Kashmir’s Pulwama district a few days ago.
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