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AEPC designs Product Development Scheme for trade |
| There is a lot of competition in various apparel items like T-Shirts, Ladies blouses, Ladies Skirts etc. In order to widen the export basket on those products where there is substantial potential in the world but India has a very minimal share; AEPC has designed a scheme for the Indian garment exporters to tap the USD 36 Billion market of the 12 selected products where India has just 2.83% share |
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Yarn spinning mills demand stimulus package |
| The yarn manufacturing sector, in which heavy investments had been made in the last two years, is facing troubled times, due to the current ongoing global recessionary trends. To be able to survive through this difficult phase, the yarn manufacturers have demanded that the government immediately announce a stimulus package for the spinning industry. |
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Costs, competition hit Tirupur textile exports |
| Overseas sales of knitwear output of Tirupur, the town in Tamil Nadu known as a hub of India’s textile industry, are likely to grow no more than 5% in the year to next March, as competition from Asian rivals and higher production costs crimp local producers |
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Over $5b knitwear exports in FY '08 |
| Knitwear exports reached $5.532 billion in the immediate past fiscal year (2007-08), registering a 21.24 percent growth and exceeding the target of $5.465 billion, according to the Export Promotion Bureau (EPB) data.
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Wage increase put off for garment sector and hotels |
| Wage increases in the garment sector and the hotels have been put off due to the economic hardships and uncertainties faced by the two sectors. Minimum salaries of 38 sectors are due to increase from between 15% to 40% starting from July.
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Apparel Forum demands ban on lint export |
| KARACHI: Pakistan Apparel Forum (PAF) has asked the federal government for a complete ban on export of cotton from Pakistan.
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PM urged to save textile industry from collapse |
| LAHORE: Textile industry leading associations have appealed to Prime Minister Yousuf Raza Gillani to take immediate stock of situation arising out of record rise in gas prices, as well as electricity tariffs and announce remedial steps to save the domestic industry from total collapse.
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Textile industry concerned over rising cotton prices |
| Despite the recent fiscal measures announced by the Centre, high cotton and yarn prices continue to hurt the textile apparel industry, say industry players. |
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Olympics put textile industry in a spin |
| The cotton and textile industry in India has been facing shortage of raw material after the Chinese government decided to temporarily shut down some of its industries in Beijing and five other provinces to cut industrial pollution for a few months to ensure clean environment for Olympics and Paralympics being held there. |
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Pakistan - Trading improves in cotton market |
| Cotton market showed some improvement as over 5,000 bales were traded on Tuesday. |
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