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India’s new RoO move to hit Bangla RMG export
A recent Indian government’s move to introduce rules of origin (RoO) in the name of protecting its local garment manufacturers might severely hurt Bangladesh’s export growth to its neighbour.
Apparel and textiles park to come up near Patna
An apparel and textiles park will be set up on the outskirts of the state capital for which a land tract spread over more than 100 acres has been earmarked, Bihar Deputy Chief Minister Sushil Kumar Modi said.
Scrap tax on yarn import: Pak mills
The Pakistan Yarn Merchants Association (PYMA) has urged the Pakistan Government for removal of the regulatory duty on the import of yarn. An appeal has been made to Dr Miftah Ismail, advisor to the Prime Minister on Finance, Revenue and Economic Affairs, for supply of affordable raw materials to the textile industry to increase the production.
Textile Asia to highlight benefits of CPEC
Organised by the Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA), the 18th Textile Asia International Exhibition will highlight the advantages of China Pakistan Economic Corridor (CPEC) for textile industry of both the countries.
PRGMEA, CCCT to promote textile trade
The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) and the China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT) will promote trade between textile and apparel companies in Pakistan and China.
Big potential for Indo-Bangla ties
The Indian High Commissioner to Bangladesh, Harsh Vardhan Shringla has said that both countries need to work together to tap the benefits of global textile industry changes.
Gujarat marches ahead
Gujarat has performed remarkably well, achieving an 18 per cent growth over the past decade since 2004, through policy support from both the Centre and State government. Unlike several other states, entrepreneurs in Gujarat have the option of availing benefits from both the Centre and the State Government, allowing for additional benefits. The Centre’s Technology Upgradation Fund Scheme (TUFS), along with the state government’s policy, has helped entrepreneurs reap huge benefits in the sector.
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