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01-Mar-2021
Jakarta imposes safeguard duty on Bangladesh RMG
Indonesia has slapped a safeguard duty, ranging between US$0.44 and $11.29 per piece, on export of a number of apparel items to the country from Bangladesh, officials said. The products include top garments (casual), top garments (formal), bottom garments, suits, ensembles and dresses, outwear, bab
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01-Mar-2021
Pakistan: Will textile boom last long?
Covid-19 has turned out to be a blessing in disguise for the textile industry as global buyers are increasingly turning towards Pakistan by cutting orders to regional players, resulting in 100% utilisation of available production capacity. Almost all the major players in the country are in the proc
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01-Mar-2021
Pakistan: No concrete policy to enhance cotton production as rate touches 11-year high
Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has said that it is very unfortunate that no concrete policy to enhance production of cotton has been announced by the government yet, as the rate of cotton has touched the record 11-year high of Rs12,000 per maund.
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01-Mar-2021
Textiles Ministry ‘re-looking’ PLI plan turnover threshold
The scheme aims to promote domestic manufacturing via financial incentives on incremental turnover for 5 years. The Textile Ministry is taking a re-look at the proposed parameters of the Production Linked Incentive (PLI) scheme for the sector as some in the industry has complained that the minimum
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01-Mar-2021
Govt extends last date for annual GST filing till March-end for FY 20
The government has extended the deadline for filing annual goods and service tax (GST) return and reconciliation statements for FY20 till March-end, from existing date of February 28. "In view of the difficulties expressed by the taxpayers in meeting this time limit, government has decided to furth
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01-Mar-2021
Pakistan may resume import of cotton from India: Report
Pakistan may allow cotton import from India through land route as prospects of gradual restoration of bilateral trade ties have brightened after the new ceasefire agreement along the Line of Control, according to a media report on Sunday. Citing sources in the Ministry of Commerce, The Express Trib
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01-Mar-2021
Critical sectors: PM asks lenders to boost credit flow
Prime Minister Narendra Modi on Friday asked lenders to boost credit flow to critical as well as new sectors to satiate the growing appetite of a fastrecuperating economy, with an assurance that public-sector bankers won’t be harassed for honest business mistakes.
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27-Feb-2021
New textile policy on the cards
Pakistan is working on a new textile policy which will certainly help the country maintain the current tempo of growth, said federal Minister for Planning, Development and Special Initiatives Asad Umar.
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27-Feb-2021
Seed makers worry over illegal Bt cotton usage
Fears over farmers cultivating unauthorised and illegal genetically-modified cottonseed called Bollgard-III or ‘Bt-3’, haunts the seed industry and farmers leaders as cottonseed units gear up for the Kharif season starting June.
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22-Feb-2021
Jharkhand govt to sign deal with textile company to provide jobs to locals
The state government will soon ink a memorandum of understanding with a Kerala-based apparel exporting company to provide them with workforce. The officials of Coimbatore-based KPR Mills and the state labour department are likely to ink the MoU in the upcoming week in presence of state labour mini
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