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.
Jeanologia has been promoting the Mexican textile sector with sustainable technologies that increase productivity and competitiveness. The leading Spanish company, in the development of sustainable solutions for the finishing of jeans, presented innovations that will transform the Mexican industry towards automation and efficiency at the Exintex 2016 at Centro Expositor Puebla, Puebla, Mexico that was held from October 18 to 21.
The US Government has rejected Pakistan’s demand for preferential treatment to its textile products in the US market.
About 130 Italian exhibitors are on hand at ITMA ASIA + CITME 2016 (Shanghai, 21-25 October 2016), occupying an overall exhibition space of more than 5,400 sq m.
Cargo traffic at India’s 12 major ports recorded a growth of 5.3 per cent to 315.4 million tonnes (MT) in the first six months of 2016-17.
Rajasthan has emerged as a pre-eminent hub for the domestic textile industry with a presence across the entire value addition chain from spinning to garments.
Rising cost of doing business over last several years has not only stalled fresh investment in the textile industry but also hampered the export growth and turn over.