Browsing: textile sector

Xeros Technology, a developer and provider of patented polymer-based systems with multiple commercial applications, will focus on the textile sector for the development of its technology.

Panama is a growing market for textiles and clothing products. Exports of Indian MMF textiles to Panama have been steadily growing during 2015-16. Panama is also a potential market for other textile products like apparel, cotton and silk etc. Panama imported around $2.38 billion of various textile products during 2015.

The Indian Government has signed Memoranda of Understanding (MoUs) worth Rs 8,835 crore in textile sector at the Vibrant Gujarat Summit. The MoUs include various segments such as textile parks, textile processing, machinery and carpet development, according to the Textiles Ministry.

The Government of Sri Lanka has placed high expectations on MAS Holding to commence the new fabric park in Giriulla to create employment opportunities, and livelihood and economic empowerment in the area.

The Southern Gujarat Chamber of Commerce and Industry (SGCCI) will sign a memorandum of understanding (MoU) with the Gujarat Government for the development of Rs 1,800 crore worth of mega textile park at Pinjrat during the Vibrant Gujarat summit.

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.