Home / Knowledge / News / Textiles / Towel manufacturers urge ban on coarse cotton yarn exports

Towel manufacturers urge ban on coarse cotton yarn exports

21
Aug '09
The Pakistan Towel Manufacturers Association (TMA) has urged the government to stop the export of coarse count cotton yarn, in order to save the value added, towel manufacturing sector.

The Chairman of TMA, Feroze Alam has said that due to high exports of cotton coarse yarn, the towel producers were facing a shortage of the same, which has led to an explosive increase in prices of the yarn.

This in turn, he said had increased the costing for the sector, leading to a reduction in competitiveness and could also lead to a decline in exports from the sector which had exported towels worth US $1 billion in the previous fiscal year.

Exports of coarse yarn has been able to make inroads in to markets like India, Bangladesh and Sri Lanka due to its cost competitiveness and quality and experts suggest all stake holders including the government resolve the matter amicably.

They aver that banning exports of coarse cotton yarn is not the solution since, only 25-30 percent of cotton yarn production is exported and the rest of the 70 percent is consumed by the value added sectors in the country.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Better Work

Apparel/Garments | On 24th Oct 2020

Positive change in Cambodian garment sector due to ILO BWP

Cambodian factories receiving the full package of services by Better...

Pic: Awaj Foundation

Apparel/Garments | On 24th Oct 2020

COVID erodes income of a third of Bangla apparel workers

Nearly a third of Bangladeshi garment workers suffered loss of...

Pic: Ralph Lauren

Fashion | On 24th Oct 2020

Ralph Lauren, Parity.org convene group to close gender gap

Ralph Lauren, which designs and markets premium lifestyle products,...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

Subhashini Srinivasan, The S Studio

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Footwear industry, Head honchos

Footwear industry
Head honchos

There is rising demand for fancy, trendy and yet comfortable footwear

Sandra Sequeira,

Sandra Sequeira

The JD Institute of Fashion Technology is the educational division of JD...

Cem Erdogrul,

Cem Erdogrul

Turkey-based Temsan Air Engineering is one of the leading manufacturers of ...

Italtex,

Italtex

Italtex is a leading studio publishing fabric trend-books since 1959....

Iago Castro Asensio, RCfil Distribuciones S.L.

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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


October 2020

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


Advanced Search