The cotton market turned in lacklustre performance in the backdrop of steep fall in the rupee value against the dollar on Tuesday. Local markets were shaken by sharp fall in the rupee value, which would have direct impact on commodity prices, brokers said. The cotton market also gave listless conditions as ginners held back to their stocks anticipating to get higher prices in coming days. The slow phutti (seed cotton) arrivals indicated that the cotton season is at its fag end because dur

Pakistan’s textile exports recorded growth of 7.17 percent during eight months (July to February) of the ongoing financial year (2017-18). The country exported textile and clothing products worth $8.8 billion during July-February period of the year 2017-18 as against $8.2 billion of the corresponding period of the previous year, according to the Pakistan Bureau of Statistics (PBS). The growth in textile and clothing products exports enhanced the country’s overall exports to $14.8 billion duri

Egyptian Cotton is the most recognised cotton brand in the US, according to a recent consumer research report. The research was carried out by an independent US-based marketing agency, PBM, on a sample of 522 American consumers, who had recently purchased cotton goods. Egyptian cotton fibre is one of the best because of its length, strength, and softness. Egyptian Cotton was also the name most people associated with quality and were prepared to pay a premium for, ahead of Pima cotton, Turkis

The total availability of cotton in India during the current season is estimated at 441.81 lakh bales (of 170 kg each), minister of state for textiles Ajay Tamta has informed parliament. This includes the opening stock of 47.81 lakh bales plus production of 377 lakh bales and 17 lakh imported bales. The total domestic consumption is around 334 lakh bales. Following the rise in production, cotton export is estimated to increase by 15 per cent to 67 lakh bales in the 2017-18 marketing year, wh

Indian silk sector is witnessing a continual growth in recent years at an estimated cumulative annual growth rate of 6.40 percent based on the progress of silk sector during the last five years, said Minister of State for Textiles Ajay Tamta on Monday in a written reply in the Rajya Sabha. Tamta said that the Government of India has approved a project-based strategy for the North East Region under an umbrella scheme North East Region Textile Promotion Scheme (NERTPS)to boost the Silk sector i

Pakistan’s textile exports recorded growth of 7.17 percent during eight months (July to February) of the ongoing financial year (2017-18). The country exported textile and clothing products worth $8.8 billion during July-February period of the year 2017-18 as against $8.2 billion of the corresponding period of the previous year, according to the Pakistan Bureau of Statistics (PBS). The growth in textile and clothing products exports enhanced the country’s overall exports to $14.8 billion duri

Fibre production in India should match the projected doubled production of textile and clothing products by 2025, according to the country’s textile commissioner Kavita Gupta, who inaugurated the regional office of the Synthetic and Rayon Textiles Export Promotion Council in the premises of Southern India Mills’ Association (SIMA) in Coimbatore last week. With an apparel and textile industry revenue target worth $300 billion by 2025 and India’s cotton and synthetic fibre production at 6.5 bi

The National Council of Textile Organizations (NCTO) has launched Textiles in the News (TIN), a new website promoting the US textiles industry. The first original content is an opinion piece by NCTO President & CEO Auggie Tantillo titled Why NCTO Launched Textiles in the News. As part of NCTO’s American Textiles: We Make Amazing public relations effort to rebrand the US textiles industry, TIN’s mission is to showcase the dynamism of the US textiles industry and cover the policy issues tha

To boost the cotton production and increase its cultivation area by 45 percent by 2025, an action plan has been prepared which recommends to rationalize existing excessive incentives for sugarcane. The recommendation was part of the action plan presented to a meeting of the federal cabinet for increasing the cotton production in the country. According the minutes of the meeting, available with The Nation, the cabinet was informed that due to different factors cotton production had faced vi

Apparel exports from India were to the tune of $1.44 billion (approx.) in February 2018, showing a decline of 10.25 per cent compared to $1.60 billion (approx.) exports made in the corresponding month of the last year, as per the latest official trade data. In rupee terms too, the value of exports declined by 13.86 per cent to Rs 9275.08 crore. “Already apparel production is on a declining curve with industry registering decline of 10.4 per cent for the period April-January 2017-18. On the ot