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Janata Jute Mills Ltd is preparing to make a foray into the global jute-made shopping bag market as demand for the natural fibre is soaring amid environmental concerns.
One of the largest manufacturers and exporters of jute products in Bangladesh, Janata is now installing an effluent treatment plant at its factory in Ghorashal in Narsingdi as the first step towards entering the shopping bag segment.
"The demand for the shopping bag in the international market is growing incredibly. The pot
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Tunisia is among the top 15 garment suppliers in the world has witnessed decline by 1.31 percent in its textile and clothing sector exports while imports has increased by 5.42 percent during the first eight month of 2014 compared the the same period last year according the Export Promotion Centre (CEPEX).
With a turnover of 3,444.380 MTD at export during the same period in 2014, the textile and clothing sector is the second exporter nationally after the mechanical and electrical industries wi
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With the new cotton season (Oct-Sept) beginning, cotton exports in the country have started to pick up but it is unlikely to meet the estimates of 9 million bales put forward by the Cotton Advisory Board for the 2014-15 cotton season.
According to Prerana Desai, head of research with Edelweiss Commodities they see exports almost 20% lower than what has been estimated by CAB as China, a big buyer is facing slow down and there local Government is pushing for use of higher local material. Howev
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The 22nd edition of India Market Days was inaugurated at Apparel House, Gurgaon, yesterday, by Mr. Shri Sudhir Sekhri, Chairman Export Promotion (EP), AEPC, along with, EC member and Shri Puneet Kumar, Secretary General, Apparel Export Promotion Council (AEPC), in the presence of international buyers, participants and AEPC officials.
Highlighting the export performance, Shri Virender Uppal, Chairman AEPC in his message stated that garment exports are on the sustained path of growth and we have
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Textile industry has sounded alarm bell of massive closure of industries as a result of gas supply cut or reduction in existing 33 percent gas quota for export-oriented textile sector in upcoming months.
Addressing a joint press conference of Pakistan Textile Exporters Association (PTEA), All Pakistan Textile Mills Association(APTMA), All Pakistan Textile Processing Mills Association(APTPMA) and Khurrianwala Industrial Estate Association(KIEA), here on Tuesday, Chairman PTEA Sohail Pasha terme
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The Ministry of Textile Industry held a meeting of the Textile Board after a gap of eight years, an official told Dawn on Monday.
The board, reconstituted in July 2014, met in the capital with Federal Textile Industry Minister Abbas Khan Afridi as its chairman.
The Federal Textile Board was originally established in the year 2005 and its last meeting was held on April 27, 2006.
According to records, it met 14 times in all to review the existing laws, procedures and recommend measures
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A Danish trade delegation visit Pakistan to explore opportunities for investment and trade in various sectors but see great potential especially in textile and energy sectors of Pakistan.
There is great scope for Danish companies to establish their concerns in Pakistan with technology and land at low cost. Moreover, Pakistan has been given the Generalized System of Preferences (GSP) status by the European Union making it more attractive for sourcing companies, especially in the textile sector
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Jute demand has been on a down slide forcing many jute mills in West Bengal to down their shutters or go for reduced shifts. There has been a production cut of 30 to 40 percent in the last few months because of drop in order flow.
According to industry officials, jute mills in West Bengal are running at 60 per cent of their capacity and about one lakh workers have been rendered jobless. West Bengal has 64 of the 84 jute mills in the country.
Industry leaders attribute the slowdown to the P
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Among many measures, a mix enrichment improvement, helped NYSE-listed and a producer of recycled yarns – Unifi Inc post a 3.3% hike in sales in first fiscal quarter ended September 28, 2014.
In its preliminary operating results for the first fiscal quarter of 2014, Unifi said net sales increased $5.5 million or 3.3% to $174.2 million versus $168.7 million for the prior year quarter.“The year-over-year improvement in net sales is attributable to improved volume in its nylon and global segments,
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Due to the uncertain economic outlook in some major markets , and in the European Union and the United States in particular, Thai garment exports likely to see relatively flat growth in a range of zero to 5 percent next year against expansion of 2-3 percent this year, according to the industry.
Besides deflation in EU countries and concern over the pace of recovery in the US, the forecast also takes into account the loss of EU import-duty privileges for Thai garments early next year.
Howe