Central Chairman APTMA S M Tanveer has warned that the textile industry exports worth 2.5 billion dollar would be at risk if energy supply remains uncertain. Furthermore, he apprehended that the industry would be reluctant from undertaking further investment if energy supply was not ensured timely by the government. He was addressing a press conference at the APTMA Punjab office on Thursday evening. Chairman APTMA Punjab Seth Muhammad Akbar, Central Vice Chairman APTMA Wisal A Monnoo and Senio

Apparel exporters fear losses as production and shipment are being interrupted due to the latest spate of the general strikes being enforced by the Bangladesh Jamaat-e-Islami. Jamaat is enforcing the strikes in protest at the punishment handed down to its leaders by international crimes tribunals. Due to the strikes, exporters may fail to maintain lead time and some of the businesses may face discount and air shipment as transportation is being interrupted, apparel exporters said. On We

Garment exports grew by 16% in September to $1.3 billion, helped by rising costs in China and non-compliance issues in Bangladesh. During April-September period, the shipments rose by 17.6% to $8.3 billion. "Increasing labour cost in China, non-compliance of large number of factories in Bangladesh, high rate of inflation, currency appreciation, with the competing countries have provided India a big opportunity in view of its relative advantage," Apparel Export Promotion Council (AEPC) Vire

The Pakistan government has announced Rs 3,000 per 40 kilograms support price of cotton. This was informed by Minister for Textile and Industry Abbas Khan Afridi on Wednesday at the National Assembly. Also, Trading Corporation of Pakistan (TCP) has been directed to purchase the cotton from the farmers. The Minister said thatthe government was committed to protect the interest of the farmers and TCP had started to purchase cotton from the farmers. During the first 8 month of current fiscal

Indian nonwoven market expected to account 8% share in the Asian nonwoven market by 2016, according to the International Nonwoven Fabric Association Asia branch, who believes that the region is influenced by a hot development trend. In the past three years, the India nonwovens market is said to have achieved significant growth. At present, the nonwovens production in India is about 125,000 tons – 140,000 tons as per the organisation although there is no market research, but through the estima

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

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

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

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

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