Search For "textile sector"
"Textile industry layoffs prove incompetency of Pakistan government"
Updated : 3 years, 2 months ago IST
Dwindling exports of the textile sector in Pakistan and the government's incompetency to address and handle the ongoing economic crisis costed seven million people their jobs.
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Pakistan's textile exports could fall below USD 1 billion a month from 202
Updated : 3 years, 2 months ago IST
The APTMA asked for the government's help to save the textile sector.
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Textile industry is committed to achieving the $100 billion export target
Updated : 3 years, 3 months ago IST
Piyush Goyal said that textile is a sector where margins of 5 per cent are very important to become competitive, adding, "With the Free Trade Agreement (FTA) with countries we are insisting that we get duty-free access for Indian textiles. Both in UAE and Australia textile sector assures me
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Viridian RED carries the Invest in Haryana Initiative forward
Updated : 3 years, 3 months ago IST
Faridabad (Haryana) [India], December 8 (ANI/NewsVoir): After making its presence felt at the Invest Haryana Roadshow in Dubai under the Chairmanship of the Chief Minister of Haryana, Manohar Lal Khattar, Viridian RED, the 2nd largest License holder of WTCs globally, is looking forward to ta
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Trident Group Chairman Emeritus Padmashree Rajinder Gupta honored by Incom
Updated : 3 years, 3 months ago IST
New Delhi [India], November 17 (ANI/SRV): The income Tax department felicitated Trident Group Chairman Emeritus Padmashree Rajinder Gupta in recognition of being the highest taxpayer (Textile Sector) of North West Region for the Assessment Year 2022-23 and in acknowledgment of his contributi
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Textile manufacturers should start securing cotton to meet their demands:
Updated : 3 years, 4 months ago IST
A two-day meeting should be organised to discuss new ideas on strengthening the textile sector, the Union minister of textiles, consumer affairs, food and public distribution, and commerce and industry said during a video conference.
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Makeshift brothels crop up in Sri Lanka as economic hardship pushes women
Updated : 3 years, 7 months ago IST
Colombo [Sri Lanka], July 30 (ANI): In Sri Lanka, which is battling a crushing economic crisis, is now facing another predicament with its women, most of them who have lost their jobs in the textile sector, now forced to become sex workers to earn a livelihood.
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Pakistan textile sector loses USD 1bn export orders over energy crisis
Updated : 3 years, 8 months ago IST
Lahore [Pakistan], July 7 (ANI): Amid a heavy energy crisis in Pakistan and subsequent suspension of gas supply, 300 textile mills have been closed, said All Pakistan Textile Mills Association (APTMA) Chairman Abdul Rahim Nasir on Wednesday as he urged Shehbaz Sharif-led Pakistani government
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Low exports, rising cost to hurt profitability of home textile firms, says
Updated : 3 years, 8 months ago IST
New Delhi [India], June 29 (ANI) Operating profitability of home textile makers is seen moderating 150-200 basis points (or 1.5-2.0 percentage points) to 13 per cent during this financial year 2022-23, weighed down by lower export demand and a sharp increase in raw material and transportatio
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Textile firm Nahar Spinning hits upper circuit after reports of another PL
Updated : 3 years, 8 months ago IST
New Delhi [India], June 27 (ANI): Shares of Nahar Spinning have hit the 5 per cent upper circuit on Monday after reports of yet another possibility of production-linked incentive by the Centre for the textile sector.
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Centre to come up with one more PLI scheme for textile sector soon
Updated : 3 years, 8 months ago IST
Coimbatore (Tamil Nadu) [India], June 25 (ANI): Union Minister Piyush Goyal on Saturday said that the government is mulling over coming up with one more Production Linked Incentive (PLI) scheme for the textile sector soon.
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MSME Home Textile Sector deeply impacted with spiralling cotton Yarn price
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 25 (ANI/PNN): Prospects for the Home Textile Sector to achieve the target set this year is extremely difficult despite the fact that the Industry had opened up entirely after the second wave of the Covid-19 Pandemic. The Home Textile Sector mainly comprises
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