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Real Picture: One year later, textile booster package yet to reach gro…

Real Picture: One year later, textile booster package yet to reach ground level

It’s almost a year since the Central government had announced a special package for the textile industry. But the impact doesn’t seem to be showing, not just yet. Despite the government announcing to would bear the entire 12 per cent employer’s contribution to the employees’ provident fund (EPF)... Read more

India needs comprehensive policy to promote artisans globally

India needs comprehensive policy to promote artisans globally

"If export promotion councils start promoting Indian artisans on the global map with a strong push, then their growth can get a big boost. Delhi, Jaipur, or Lucknow’s local cloth and garment markets are always teeming with Europeans in search of unique Indian designs. Many are entrepreneurs bulk-buying cloth and ... Read more

More policy backing needed to push up India’s apparel export capabilit…

More policy backing needed to push up India’s apparel export capabilities

"While the government is pushing hard to make India a preferred global destination for investment, exports is an area which still needs to grab the attention of the powers that be. Till August 2016, India’s exports had declined continuously for 18 months. There seems to be relief post August with exports starting... Read more

Despite policy initiatives, Pakistani textile industry facing tough ti…

Despite policy initiatives, Pakistani textile industry facing tough times

"Almost half of the 46 textile factories at the Khurrianwala industrial estate outside Faisalabad have gone out of business over the last several years —owing mostly to severe energy shortages in Punjab, suggest media reports. Others are operating at far below full capacity. There needs to be a paradigm shift in ... Read more

The world’s most supportive govt initiatives for textiles empowerment

The world’s most supportive govt initiatives for textiles empowerment

"Textile industry is an integral part of the global economy and the quality of life for citizens. Knowing the crucial impact it has on economy, it makes perfect sense for the government to offer the most lucrative policies towards its growth. Government initiatives are an excellent way to revitalise textile manufacturi... Read more

Brexit: Leaving PEM zone to affect UK industries

Brexit: Leaving PEM zone to affect UK industries

"When the UK exits the EU, it will forfeit access to the Pan-Euro-Med (PEM) cumulation zone. Cumulation of origin is one of the ways to allow greater flexibility when it comes to using raw and semi-manufactured materials in the production process. It allows a member of a trade agreement to use originating products from... Read more

Indian textile needs to quickly turn the wheels of success

Indian textile needs to quickly turn the wheels of success

"India has an opportunity to promote apparel, leather and footwear sectors because of rising wage levels in China that has resulted in China stabilising or losing market share. India is well positioned to take advantage of China’s falling competitiveness because wage costs in India are significantly lower than in... Read more

Is China the biggest benefactor of AGOA?

Is China the biggest benefactor of AGOA?

"African Growth and Opportunity Act (AGOA), signed into law by the Clinton administration in 2000, was designed to provide African manufacturers tariff-free access to the US market to bolster trade. Indeed the legislation proved a dynamic employment vehicle in signatory countries, creating as many as 350,000 direct job... Read more

Policy Affect: US’ retaliatory tariff on viscose affects domestic manu…

Policy Affect: US’ retaliatory tariff on viscose affects domestic manufacturers

"Obama administration last year had imposed retaliatory tariff on textiles against the trade war over Europe. These were viscose rayon staple fibres as well as Modal fibres, not carded, combed or processed for spinning, and single yarns containing 85 per cent or more by weight of artificial staple fibres coming from Eu... Read more

Union Budget 2017-18 gets a thumbs up from textile industry

Union Budget 2017-18 gets a thumbs up from textile industry

"Though a marginal increase, yet the entire textile industry is in support of the measures allotted by the FM Arun Jaitley in the Union Budget. Total budget allocation for the textile ministry is Rs 6,226.5 crores for fiscal 2017-18 against last year’s revised allocation of Rs 6,286.1 crores. Budgetary allocation... Read more

Indian textile industry gearing up for post-GST era

Indian textile industry gearing up for post-GST era

"Introduction of GST replacing the present indirect taxes will have considerable impact on the textile industry. However, GST’s true impact can be determined only after final rates are declared for goods. Presently, most garment manufacturers opt for either complete excise duty exemption or payment at 2 per cent ... Read more

Countdown begins for Union Budget 2017-18

Countdown begins for Union Budget 2017-18

"A major predicament concerning exporters is the longevity of tax refund process, which further blocks their working capital. The forthcoming budget is expected to streamline processes, reducing the time period of tax refund to only two-week and interest to be paid along with refunds paid after allotted time period." ... Read more

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Wool gets thrust in India

The wool sector in India is being promoted in a big way. A total grant of Rs 33.98 crores has b... Read more

Pakistan, Turkey move toward FTA

Pakistan and Turkey are in discussions for a FTA. This will enable both countries to improve th... Read more

AEPC launches manual for exporters

Apparel Export Promotion Council (AEPC) in partnership with the International Labor Organizatio... Read more

Cambodia’s exports to EU up 14 per cent

The garment manufacturing industry in Cambodia has become the fifth largest apparel supplier to... Read more

India imposes antidumping duty on Spandex Yarn Imports

India’s Finance Ministry has imposed definitive anti-dumping duty on 'Elastomeric Filamen... Read more

India, Russia extend economic ties

India and Russia plan to strengthen economic cooperation in the coming decades. The areas und... Read more

Govt support package creates seven lakh jobs

At least 7, 50,000 jobs were created in the Indian textile and garment sector in the last fisca... Read more

Laos’ trade with Asean swells

Laos’ trade value with China and the other nine Asean countries is increasing. Laos&rsquo... Read more

Germany eager for India-EU deal

Germany is keen on India’s FTA with the European Union. Talks on the free trade pact star... Read more

Vietnam grows strongly after 10 years of joining WTO

The admission to the WTO opened a wide door for the Southeast Asian country to enter the global... Read more

Incentive package for knitwear soon: Irani

Textiles Minister Smriti Irani has confirmed that an incentive package for the knitwear sector ... Read more

Pak garment manufacturers seek Rs 60b for export industry

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the ... Read more

Bangladesh wants stronger ties with UAE

Bangladesh is keen to boost bilateral trade with the UAE.   UAE-Bangladesh trade has a ve... Read more

Garment District’s anti-zoning initiative could make a comeback

Eight years after New York City pulled the plug on a plan to do away with antiquated Garment Di... Read more

Path to EU widened for Vietnamese garments-textiles

To make use of opportunities offered by the pact, experts suggested local enterprises prepare t... Read more

FCCI to familiarize exporters about Registered Exporter System

A special cell will be created in Faisalabad Chamber of Commerce and Industry (FCCI) to familia... Read more

EU-Vietnam FTA to cut tariff to zero

The EU-Vietnam FTA is expected to be activated in early 2018. In anticipation of this, Europea... Read more

TGLEU seeks Ghanaian Govt intervention to resolve textile issues

The Textile, Garment and Leather Employees Union (TGLEU) has rejected the stimulus package bein... Read more

GST for textile machinery at 18 per cent

The Goods and Services Tax (GST) rate for textile machinery has been decided at 18 per cent. ... Read more

Sri Lanka’s GSP+ status in effect now

The much anticipated GSP+ concession, which Sri Lanka regained from the European Union, comes i... Read more

Final GST rates on textiles deferred to June 3

With the Goods and Services Tax (GST) Council unable to arrive at a consensus on Friday on the ... Read more

Telangana formulating a textile policy

Telangana is in the process of formulating a textile and apparel policy that contemplates waive... Read more

India contemplates duty on acrylic fiber imports

India may impose an anti-dumping duty on imports of acrylic fiber from the European Union, Chin... Read more

DIPP seeks Rs 4,000 crore package for leather sector

The Department of Industrial Policy and Promotion (DIPP) has sought Rs 4,000 crores from the Un... Read more

Haryana prepares textile policy

Haryana’s textile policy aims at integrated development of the textile industry and remov... Read more

Uniform GST rate likely for textile industry: Smriti Irani

The textile industry is expected to have an uniform GST rate, said Union textile minister Smrit... Read more

NCTO applauds President Trump’s executive order on ‘Buy American’

The National Council of Textile Organizations (NCTO) has applauded President Trump’s Apri... Read more

EU warns Bangladesh about labour rights and GSP withdrawl

The European Union will withdraw Generalised System of Preferences (GSP) benefits for Banglades... Read more

Textile policy to benefit Tamil Nadu

Tamil Nadu has a robust eco-system for manufacturing textiles and garments. Hence, a textile po... Read more

Pakistan offers textile package

Pakistan has introduced a package for the textile sector. Textile exporters have to get themsel... Read more

DGCV revises customs duty for textile lining material fabric

The Directorate General Customs Valuation (DGCV) has reviewed textile invisible coated lining m... Read more

Telangana drafts handloom dossier

Telangana is preparing a handloom directory. This will have complete details of the condition o... Read more

Haryana formulates textile policy

Haryana is looking to be a global hub of textiles and a preferred investment destination. This ... Read more

EU sets June deadline for Bangladesh to comply on labour rights

The European Union has suggested Bangladesh comply with the ILO-recommended labour right standa... Read more

PGCA submits budget proposals demanding bailout, incentive package

The Pakistan Cotton Ginners’ Association (PCGA) has submitted budget proposals to the Fed... Read more

Kenyan industry and trade ministry boost local textile apparel sector

The Kenyan ministry of Industry and trade says it is enhancing partnerships with local textile ... Read more

Vietnam partners with Thailand

Vietnam is looking for cooperation with Thailand in the areas of textiles, design and administr... Read more

Policy boosts handloom sector

India’s new textile policy will focus on a three-pronged approach to boost the growth of ... Read more

Laos gets Japanese capital

Some 57 garment factories in Laos produce clothing for exports, 28 factories produce clothes fo... Read more

EU warns Bangladesh of suspension

The European Union has threatened suspension of trade privileges for Bangladesh if labor standa... Read more

Pakistan works on export glitches

After registering a positive growth of 2.75 per cent in fiscal year 2014, Pakistan’s text... Read more

New U.S. tax BAT to impact Vietnam exports

Vietnam’s exports to the United States might be impacted at least in the short term if Am... Read more

Trump’s pressurizes India to cut export subsidies

The 2017 Trade Policy Agenda unveiled by the Trump administration indicates that it is not goin... Read more

Cotton farmers in Zimbabwe appeal for help

Cotton farmers in Zimbabwe have expressed displeasure with the poor and inadequate input packag... Read more

Surat textile shop owners unhappy with dual tax

Textile shop owners in Surat have been asked to pay property tax for the shelf space created in... Read more

Pakistnan: Exporters want refunds cleared fast

Exporters in Pakistan want refunds to be done urgently. They say the cash flow crunch is causin... Read more

Textile mills want VAT cut

Textile mills in Tamil Nadu want the hiked VAT on petrol and diesel to be withdrawn. VAT has be... Read more

SITPs under review following violations

The Scheme for Integrated Textile Parks (SITP) as launched by the Indian government has not wor... Read more

OECD offers guidelines for Bangladesh garment sector

The Organization for Economic Cooperation and Development (OECD) has offered new guidelines for... Read more

Rivals jointly oppose GST

E-commerce in India is opposing the Goods and Services Tax (GST). This has brought together F... Read more

Kenyan textiles get duty relief

Kenya is putting in place a policy to boost textile production. Measures include allowing text... Read more