The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has signed an MoU with Ecommerce Gateway Pakistan, a leading trade fair organiser, to attract foreign investment worth $375 million into textile sector.
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The Maharashtra Government is planning to set up nine textile parks in the northern cotton-growing regions of the State with an aim to supplement farmers’ income through value-added products.
The Confederation of Indian Textile Industry (CITI) has elected the following new office-bearers at its First Meeting of the Committee held in Mumbai on September 20, 2017: Sanjay K Jain as Chairman; T Rajkumar as Deputy Chairman; and DL Sharma as Vice Chairman.
The Odisha Government has decided to seek support from the World Bank to develop its textile, handloom and handicrafts sector.
India’s exports rebounded in August after slowing down in July , helped by a recovery in global demand. The country’s exports grew 10.3 per cent to $23.8 billion last month. Imports outpaced exports and increased 21 per cent to $35.46 billion, etc.
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