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Textile Workers
Stakeholders in the Cotton, Textile and Garment sector have called on the Federal Government to make available an intervention fund of about N1 trillion, as well as a longer tenor rate to aid the growth and development of the sector.
Already, the Bank of Industry (BoI) stated that about 60 per cent of the N100 billion intervention fund has been disbursed to the sector in the last two years.
Speaking at a validation workshop organised by the Bank of Industry in collaborat
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Due to disruption of electricity and gas supplies to industry across Punjab, the managements of textile mills have started deferring procurement of lint from ginning factories, creating apprehensions in the cotton industry, claims senior member of Pakistan Cotton Ginners Association (PCGA) on Monday.
There are concerns about retardation in production process, slowdown of cotton exports, resulting in unemployment of thousands of workers, as well as fears of economic crisis for ginners and farme
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Hit by several factors, the textile and clothing industry in the country seems to have made minimal investment in expansions and new projects this year.
The Union Ministry of Textiles announced the Restructured Technology Upgradation Fund Scheme (R-TUFS) in April 2011 with subsidy cap for each value adding segment, such as spinning, weaving and processing. The total subsidy amount allocated for 2011-2012 was Rs. 1,972 crore. It was expected to leverage total investment of Rs. 46,900 crore.
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fter her recent Vanity Fair cover and the release of her own book, Kate Moss has now been named the face of Stuart Weitzman’s Spring 2013 campaign.
Photographed in black and white by Mario Testino (a long time collaborator of Moss’s), this role marks the first time the British supermodel has modeled in an American shoe designer’s campaign, despite her nearly two-decade career.
Of the shoot, Moss said “I had a great time shooting the Stuart Weitzman campaign and I’m so happy to be the face of t
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Cotton yarn prices jumped 14 per cent in two weeks on a sudden spurt in demand from both the domestic as well as international markets.
The benchmark variety of cotton yarn for 30’s combed, shot up to Rs 200 a kg today, from Rs 175 a kg about a fortnight ago in the spot Ludhiana market. In Mumbai’s popular yarn market, the commodity was traded at Rs 195 a kg versus Rs 170 a kg about two weeks ago.
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Advisor to Prime Minister on Textile Dr Mirza Ikhtiar Baig said that trade concessions on 65 items from the EU, implementation of GSP plus status from Jan 1, 2014, preferential trade agreement (PTA) with Turkey, signing the second phase of free trade agreement (FTA) with China and trade opportunities with India are reasons for buoyancy in textiles.
While talking to the media on his visit to Lahore, he said that the country’s textile industry would get a benefit of $320 million with the duty-fr
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Width CM
Width CM
Specification/Weight(meter)
Wholesale Price:yuan/meter
Wool/polyester cloth
150
580
27.00
T/C80/20 Machine Dyed Dacron Drill
150
20S×16S 128×60
11.00
Cotton Pad-dyed Drill
150
16S×12S 108×56
14.80
Multi-chemical fiber woolen cloth
150
600
15.00
Wool/Polyester over coating
150
580
28.80
11-wale Cotton Corduroy
148
16S×12S 64×12
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Cotton Yarn and export of low Value Added Greige Cloth has increased while the Value Added Apparel and Home Textile exports has reduced considerably, lamented M Jawed Bilwani, Central Chairman, Pakistan Hosiery Manufacturers & Exporters Association.
He said that if comparison is made with exports of last year, textile exports have declined by 10.38 percent while Bangladesh and India show positive growth in its textile exports. When we compare our textile exports with the year 2010-2011 wit
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100% cotton yarn markets in Asia roughly remained unchanged with stable prices. Liquidity of 32s and 40s were smooth. Indian yarn makers are expecting a 20% rise in yarn exports in the current fiscal, offsetting rising supplies in spot markets. Cotton yarn prices jumped 14% in two weeks due to a sudden spurt in demand from both the domestic as well as export markets. Polyester spun yarn producers in China were facing loss-making situation with desperate trading volumes. Buyers were also cautious