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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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India - Plans to aid medical textile industry |
| The Union Ministry of Textiles has identified the South India Textile Research Association based here as a centre of excellence for medical textiles production. Association director Arindam Basu told The Hindu that the centre would get about Rs. 10 crore over a period of three years to establish the required facilities that would help the development of the specialised line. Of this, Rs. 3 crore would come this year |
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Pakistan - Hosiery industry woes highlighted |
| Pakistan Hosiery Manufacturers Association (PHMA) central chairman Shazad Azam Khan has warned that the garment industry is in trouble since it is facing internal pressures because of power cuts and increase in the raw material prices and energy costs. |
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