Pakistan has to pay Rs 200 billion as pending textile sector refunds, according to Zubair Motiwalla, chairman counsel of All Pakistan Textile Association, who recently briefed the senate standing committee on finance, revenue and economic affairs. He said kids’ fabrics are being imported from abroad and smuggling and under-invoicing should be...
The India International Textile Machinery Exhibition Society (India ITME Society) organised a networking programme at Barcelona, Spain, along with ITMA 2019 on June 22, 2019.  ITMA is being held from June 20-26, 2019. The programme was held to highlight the strengths and opportunities offered by India, home...
Seiko Epson Corporation (Epson), the global technology leader, has opened a new textile solutions center called ‘TSC Asia’ at its Fujimi Plant in Nagano prefecture, Japan. Designed to accelerate global expansion of digital textile printing business, TSC Asia can handle every step in the textile printing process including textile pre- and post-treatment....
In the proposed budget, the export-oriented yarn producers are exempted from VAT. However, the government imposed 5 per cent VAT on sale of yarn for local markets. The yarn makers who are catering to the local markets mainly will have to face Tk 24 as VAT on...
Quickly setting up industrial parks for textile and dyeing industry, keeping the ministry of industry and trade (MoIT) as the mainstay in the strategy to build a support platform for that sector, and creating transparency for a legal foundation can help promote the domestic fabric industry...
Textile and readymade garment (RMG) industry is striving to achieve an export turnover of more than $40 billion in 2019, a year-on-year increase of 14-15 per cent. The export turnover in the sector till now this year is nearly $9.43 billion, a rise of 9.8 per...
The UK government is inviting organisations to apply for funding under a multi-million pound grant scheme to boost recycling of textiles. This could include machinery for recycling textiles, technology for disassembling or sorting textiles, automated processes for removing items such as zips, and technology to sort textiles...
Yarn Expo Autumn will be held during September 25–27 in Shanghai. The fair will be held concurrently with the 25th Autumn Edition of Intertextile Shanghai Apparel Fabrics, to maximise exposure in the textile supply chain. It will bring high-quality yarn and fibre suppliers from all over the...
The industrial output of major textile companies in China increased by 4.1 per cent year-o-year in the first four months of 2019, according to the country’s National Development and Reform Commission (NDRC). Meanwhile, fixed-asset investment of major textile companies was up 0.8 per cent during the same...
Some 300 goods are likely to enjoy preferential tariffs in Vietnam under a pending decree detailing tariff cuts under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Its draft has been submitted by the finance ministry to the government for approval as firms await procedural changes...