MARKET & ECONOMY​

Bombay Dyeing and Manufacturing Company, Nusli Wadia’s 137-year-old flagship company, has drawn up a major strategy to revive its textile retail business and is looking for a turnaround in 2017-18.

As the local crop of Sindh-Balochistan zone is likely to remain low this year to 11.25 million bales against the requirement of 14.5 million bales, the All Pakistan Textile Mills Association (APTMA) seeks immediate withdrawal of four per cent import duty on raw cotton by the Government.

As the local crop of Sindh-Balochistan zone is likely to remain low this year to 11.25 million bales against the requirement of 14.5 million bales, the All Pakistan Textile Mills Association (APTMA) seeks immediate withdrawal of four per cent import duty on raw cotton by the Government.

As the local crop of Sindh-Balochistan zone is likely to remain low this year to 11.25 million bales against the requirement of 14.5 million bales, the All Pakistan Textile Mills Association (APTMA) seeks immediate withdrawal of four per cent import duty on raw cotton by the Government.

Over 380 Indian companies are set to come together to showcase the country’s textile expertise at the world’s biggest home and contract textile fair – Heimtextil next week. The trade fair, regarded as the biggest and most important international platform for home furnishings and textiles, will open doors at the Frankfurt fair ground in Frankfurt am Main from January 10-13, 2017.

The e-commerce platform, LimeRoad has signed an MoU with Madhya Pradesh Laghu Udyog Nigam for online selling of a range of handloom and handicraft products. The partnership will promote selling of the items produced at Nigam via e-commerce.

About 1,100 exhibitors, 38 countries, 17 chapters, 11 exhibiting halls, 41 product launches over six days period of exhibition made India ITME-2016 the largest and apex exhibition for textile machinery and technology in India. A total of 1,17,000 footfalls from 74 countries visited India ITME-2016.

About 1,100 exhibitors, 38 countries, 17 chapters, 11 exhibiting halls, 41 product launches over six days period of exhibition made India ITME-2016 the largest and apex exhibition for textile machinery and technology in India. A total of 1,17,000 footfall from 74 countries visited India ITME-2016. The total number of exhibitors in this exhibition were 1,100 out of which 60 per cent were Indian companies and 40 per cent foreign participants.