MARKET & ECONOMY
Mimaki Engineering Co Ltd has launched ?Tx300P-1800B?, a new 1.8 m wide, entry model belt-type direct-to-textile inkjet printer for the textile and apparel industry.
The Government of Pakistan has approved Rs 185 million under the Export Development Fund (EDF) for development projects to boost exports and develop the textile sector.
The Government of Lesotho aims to localise the textile manufacturing industry of Africa, which is currently dominated by foreign investors.
Aurora Specialty Textiles, a leader in coating, dyeing and finishing of both woven and nonwoven fabrics, has opened a new high-tech manufacturing facility in Yorkville, US, which features the EHWHA ultra wide-width coating and finishing line.
Declining cotton consumption needs a big boost, and innovation only holds the key, opine industry experts.
With four more tie-ups in the last few months, A.T.E. has scaled new peaks in providing top-end technologies to the textile industry.
As the calendar shifts into the final quarter of 2016, our thoughts shift into visions of festivities, celebrations, and family.
In a bid to save the sector, Minister for Commerce Engineer Khurram Dastgir said that the Government has proposed a Rs 200-billion bailout package for the revival and modernisation of the textile industry. While informing the Senate Standing Committee on Textile, he said that a special package was under consideration meant to introduce new technology and infrastructural modernisation in the sector.
The Chinese are investing in Vietnam’s textile and garment industry before TPP comes into play. The garment industry is the strongest magnet for Chinese investors, while textile and dyeing also lure Chinese investment but at a lower level. Vietnamese apparel products would enjoy a zero tariff in the US after Vietnam signs the Trans-Pacific Partnership (TPP) agreement. Vietnam is working on a plan to help local manufacturers improve competitiveness when the TPP takes effect.