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Raw cotton export form the country during first seven months of current financial year grew by 48.72 percent as compared to corresponding period of last financial year. During the period from July-January, 2017-18, about 33,306 metric tons of raw cotton worth $54.995 million was exported as compared to the exports of 21,352 metric tons valuing $36.951 million of same period last year. According to data of Pakistan Bureau of Statistics, 284,799 metric tons of cotton yarn valuing $739.267 million
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Indian textiles minister Smriti Irani recently announced a proposal to jointly set up a yarn depot with the Uttar Pradesh (UP) government to give a further boost to the textile sector in the state, which garnered proposals worth Rs 7,000 crore in the run-up to the two day investors' summit that concluded in state capital Lucknow on February 22.
As subsidies hardly reached weavers, they can directly purchase yarn at subsidised rates at the depot, a top Indian newspaper quoted the minister as
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Organic cotton cultivated in Pakistan, primarily in Balochistan, will be certified by global agencies from next year, it was announced in a recent meeting in Karachi organised by the World Wildlife Fund-Pakistan (WWF-P) and the Karachi Cotton Association (KCA). WWF-P will supervise the procedure with a certified verifying body inspecting the crop’s quality.
The meeting discussed efforts under way to produce certified organic cotton in the country, including issues related to seed, production
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Assistant Director Agriculture Naveed Asmat Kohloon has said that Punjab agriculture department has imposed ban on cultivation of cotton till the first week of April. The step has been taken after thorough consultations with cotton scientists in order to control pink bollworms. According to secretary agriculture Punjab Muhammad Mehmood, the main objective behind imposing ban is to keep crop safe and secure from threat of pink bollworm. He warned that if any farmer would be found cultivating crop
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'We have an ambitious target of exporting up to $60 billion annually by 2021. We are hoping that leather and leather goods sector will contribute $5 billion to this'
The leather and leather goods industry in Bangladesh needs equalized, innovative and implementable long-term policy support to attain its $5 billion export target by 2021, stakeholders said at a workshop on Sunday.
They also called for the government to reduce the cost of doing business by removing trade barriers and inves
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Ordinary staff in Cambodian garment factories can now earn between $238 and $260 per month, including benefits, according to research by the National Trade Unions Coalition (NTUC) covering more than 30 factories. Garment and footwear sector workers received their first pay packet at the higher rate on February 10. The new minimum monthly wage is $170 now.
NTUC president Far Saly said the wage hike would benefit the lives of workers and their families. The coalition found some employees, who
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The Bangladesh government to bring in discipline and ensure accountability among the buying houses in the export-oriented apparel industry is set to frame a policy. Draft has already been prepared by the commerce ministry and sent to stake holders for vetting last month. According to the draft that seeks to get buying houses registered with the Export Promotion Bureau states that without registration with the EPB, no buying house will be able to hand over letters of credit on behalf of buyers to
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Pakistan has managed to produce in total 11.485 million bales up to Feb 15, as against 10.685m bales in last season and 7.49 percent more cotton this season (2017-18) over the corresponding period last year.
The nominal increase in cotton production is a strong indication that the crop continues to face multiple issues —including less cultivation area and lack of research and development — for the last three consecutive seasons.
For three consecutive seasons, the country has been witnessin
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Turkish company Cotam Enterprises Ltd. inked an agreement with the Ministry of Textile Industry of Turkmenistan to set up of a new textile complex in the country. Construction work of the complex will kick off from the next month.
The upcoming textile complex is expected to be operational by March 2021. It will be set up in Turkmenistan’s Akhal Velayat (region) and will be equipped with modern textile manufacturing technologies.
The annual production capacity of the enterprise will be 3,65
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Intertextile Shanghai will feature a specialised Beyond Denim zone with over 110 exhibitors from countries like China, Japan, Pakistan and Turkey. They provide sourcing options for the industry, from fabrics for ladieswear and menswear, to high-end wool fabrics, original pattern designs, functional and performance fabrics, and sustainability products.
These exhibitors are in addition to some 3,300 exhibitors from around 22 countries and regions at the fair. As the global textile industry’s m