MARKET & ECONOMY
As per reports, the Ministry of Labour and Employment has offered Tk 930 million to 7,000 RMG (Readymade Garment) workers and their relatives. This money was taken from the ministry’s central fund.
As the export duties on the raw material reduce, it is expected that the textile exports from Pakistan will increase by $5 billion in the next fiscal year.
Chemicals are important for fabricating textile materials for a variety of uses from pre-treatment textiles to finishing. But due to the pandemic, it is observed that there has been a shift in the demand.
Solvay is globally launching Bio Amni, its first partially bio-based polyamide textile yarn. It is a polyamide 5.6, which is produced entirely at the company’s textile industrial unit in Brazil.
The production cost of garments has gone up by 30% as compared to that in December 2019 because of the increase in the price of raw material, according to garment exporters in Tirupur.
BRFL Textiles Private Limited (BTPL), has collaborated with fashion designer Manish Malhotra to unveil a new line of apparel design collection under its “LinenVogue – La Classé†brand.
Textile conglomerate, Donear Industries Ltd. rolled out a vaccination drive for its employees and their kin, in collaboration with Quantum CorpHealth Pvt. Ltd.
Fraunhofer Institute UMSICHT, SABIC and Procter & Gamble (P&G) would collaborate in an innovative circular economy pilot project aimed at closed-loop recycling of single-use facemasks.
BRFL Textiles Private Limited (BTPL), has collaborated with fashion designer Manish Malhotra to unveil a new line of apparel design collection under its “LinenVogue – La Classé†brand.