Home / Knowledge / News / Textiles / Textile export grows 3.55% by March

Textile export grows 3.55% by March

21
May '07
Central Board of Revenue (CBR) reports revealed that country's textile export has increased from $8.92 billion in 2004-05 to $10.11 billion in 2006-07.

The National Assembly Standing Committee (NASC) on Textile, while attending a meeting with members of Textile Ministry and officials of Ministry of Food Agriculture and Livestock (MINFAL), on May 19, was informed that total export during July to March period of 2004-05 was $7.55 billion, which saw a growth of 3.55 percent during the same period of present fiscal year.

The committee was also informed about the issues faced by textile industry in the presence of their Chairman, Ch. Nazir Ahmed Jatt.

The rise in utility tariffs has increased the cost of business, high interest rates and cost of finance has affected investment and liquidity and lack of quality product which is needed to capture international market.

According to a CRB member, the board is trying hard to facilitate the business community and exporters and develop latest software to provide fastest refund facilities to its clients.

Attending Minister of Textile Industry, Mushtaq Ali Cheema stressed on the need of financial sector to take serious steps, to keep the industry out of crisis and bring a stability and progress for it.

The NASC was informed by officials MINFAL that research work is going on to develop world best cotton seed for higher production of clean cotton in the country.


Must ReadView All

Pic: Shutterstock

Retail | On 21st Sep 2021

US clothing stores sales up 0.1% MoM, 36.6% YoY in August: NRF

Retail sales in the US increased during August as consumer demand...

Pic: Shutterstock

Apparel/Garments | On 21st Sep 2021

Research paper urges Kenya to cultivate new export markets

To diversify its exports and markets, Kenya should endeavor to raise...

Pic: Shutterstock

Textiles | On 21st Sep 2021

Pakistan's textile & apparel exports rise 28.67% in July-Aug ’21

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Klaus Bergmann,

Klaus Bergmann

German company Erbatech GmbH develops, designs and manufactures high end...

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Andrea Pelissero,

Andrea Pelissero

Located near Milan, Italy, and with 50 years of experience in the textile...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Brad Holschuh, Wearable Technology Lab, University of Minnesota

Brad Holschuh
Wearable Technology Lab, University of Minnesota

A new study led by researchers at the University of Minnesota's Design of...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

<b>Anjali Bhaskar</b> has an experience of 12 years in the fashion...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search