The International Cotton Advisory Committee Secretariat has forecast that the season-average Cotlook A Index in 2016/17 will range between 66 and 83 cts/lb, with a midpoint of 74 cts/lb, which would be 4 cts/lb higher than last season.

Durst, a manufacturer of advanced digital production technologies, displayed its extensive Alpha Series portfolio with multi-pass inkjet printing systems for the digital production of home textiles and fashion at Heimtextil 2017, held in Frankfurt, Germany from January 10 to 13, 2017.

Beijing SOL Flame-retardant Fiber Limited (SOL) has developed a new flame-resistant (FR) cellulose fibre—SOL FR—after more than 10 years of research.

The Cabinet Committee on Economic Affairs has approved the proposal of India Trade Promotion Organisation (ITPO)for redevelopment of Pragati Maidan by setting up of a world class Integrated Exhibition-cum-Convention Centre (IECC) at Pragati Maidan, New Delhi.

The concept of Place of Effective Management (POEM) for deciding the Residential Status of a company is effective from April 1, and accordingly shall apply from assessment year 2017-18 onwards.

The revenue authority of Pakistan has waived Customs duty and one percent regulatory duty on the import of these raw materials.

Maglificio Ripa, a leading knitting company based in Italy, in cooperation with ROICA by Asahi Kasei, has developed a range of fabrics for the Autumn/Winter 2018 season.

Minister for Textile and Handlooms KT Rama Rao requested all legislative leaders to encourage promoting and boosting of handlooms and handicrafts sectors across Telangana.

Pakistan’s Federal Board of Revenue (FBR) has exempted sales tax on the import of machinery (not manufactured locally) by textile units registered with the Ministry of Textile Industry from January 16, 2017 till June 30, 2018. In this connection, the FBR has amended SRO 1125(1)2011 through an SRO 36(1)/2017 issued recently.