Keen on making Haryana a global hub of textile manufacturing and a preferred investment destination, the State Government has drafted a new textile policy to incentivise setting up of new units and ensuring growth and modernisation of the existing textile industry.
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President Donald Trump abruptly ended the decades-old US tilt toward free trade by signing an executive order to withdraw from an Asia-Pacific accord that was never ratified and promising to renegotiate the North American Free Trade Agreement (Nafta).
As major British apparel retailer Next Plc slashed its work order volume, Bangladesh has already started feeling the pinch of Brexit, claims a senior official of a sourcing company. The UK is the third largest garment export destination for Bangladesh after the US and Germany.
Fourteen textile parks, big-ticket projects of some textile majors, liberal norms for backward regions and ‘Farm-to-Fashion’ initiative have all the ingredients to turn Maharashtra’s textile dream into reality. An ITJ Exclusive throws some light.
Industrial Products Finder (IPF) hosted the first-ever IPF Industrial Excellence Awards on December 1, 2016 during the WIN India expo. Organised by ASAPP Info Global Group, the award recognised and felicitated the Fastest Growing Manufacturing Companies as well as ‘Products that Meet the Standards of Product Excellence’.
The revenue authority of Pakistan has waived Customs duty and one percent regulatory duty on the import of these raw materials.
Ujjwal Uke, Principal Secretary (Textiles), Government of Maharashtra, tells The ITJ how big a potential exists for plenty of new textile projects in Maharashtra.