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EMPLOYMENT IN PAKISTAN TEXTILES
Pakistan’s textile industry struggles due to low exports and inflationPakistan's textile industry has been struggling to survive as the level of textile exports from the country fell by 15 percent to reach $16...
Pakistan's economic woes leave textile industry in tattersThe Pakistan textile industry has taken a hit due to a global consumption slowdown and rising energy costs caused by the war in Ukraine. It...
Dwindling textile exports contribute to Pakistan’s economic slowdownLower cotton production due to flooding, power crisis, and government policies have led to a sharp decline in Pakistan's textile exports. T...
Govt begins industry consultationsThe country’s textile sector is under stress as it faces competition from Bangladesh, Vietnam and Pakistan, among other countries, that pro...
Tell us how many factories closed due to slowdown: Sharad Pawar to PM Modi"There is an economic slowdown in the country. The economy will be in trouble if the slowdown persists. Investment dynamic has gone wrong,"...
Govt doles out higher incentives for garments, made-up exportsUnder the scheme, exporters are given duty exemption scrips which are fixed at a certain percentage of the total value of their exports.
World Bank says 1% rise in wages could increase women entering labour force by over 18%It noted that women are expected to benefit the most as their share in the total apparel employment is much higher than their share in othe...
Textile Ministry to take up plan to link MNREGA with textiles with PMSambasiva Rao said the proposal is for a MNREGA type of employment in the textile sectors to minimise the problems of skilled labourers.
- 'TUFS suspension affecting investments in textiles'
The textiles ministry would soon approach the Cabinet Committee on Economic Affairs (CCEA) seeking additional resources for TUFS.
- Textile industry seeks a policy boost
It's a mix of challenges and opportunities in store for the Indian textile industry that contributes 12% to the country's total exports and...
- Textile exporters may get input duty relief
The textile sector, hit badly by the ongoing demand slowdown in the Western markets, can look forward to some additional sops in the forthc...
- Government may weave package for textiles
The package may include more subsidies on interest on loans, higher input duty reimbursements and additional funds for technology upgradati...
- Textile industry may lay-off 5-6 lakh employees
Spinning sector in particular is in a difficult situation because of increased costs of inputs, mainly cotton. Right approach for different...
- Centre may extend sops to garment, textile exporters
While incentives given to exporters to fight the appreciating rupee stands to be withdrawn for all sectors, exporters of textiles and garme...
- Ensure cheap credit to textile cos, Nath to PM
The commerce department has taken up cudgels on behalf of the textile industry to secure availability of cheap credit for the sector beyond...
- Dubai weaves a textile trading dream
Dubai has gained as a hub for textile imports and re-exports in last few years while the UAE have lost its status as a garment producer, a ...
- StanChart PE looks to acquire Leela group's textile firm
Standard Chartered Private Equity is in advanced stages of negotiations with the Leela group to acquire its textile company Leela Scottish ...