Commerce secretary designee Judd Gregg, said by President Barack Obama to be an "able and persuasive ambassador for industry and a skilled negotiator," has been a supporter of the US textile industry during his more than 15 years in Congress. As a senator from Vermont, Gregg voted in favor of the North America Free Trade Agreement (NAFTA) and the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), and supported President George Bush's bilateral and multilateral trade initiatives. Obama s
The federal minister for textile industry has said that the textile industry is backbone of the country and our economy is dependent on this sector as it is providing four million jobs.
Federal Minister on Textile Industry Rana M Farooq Saeed Khan on Wednesday said that the government was preparing very lucrative working paper to consider some incentive and relief for the textile industry particularly export oriented value added units.
In view of the inherent capacity of the textile industry to bring about meaningful improvement to the economy, it is important to see that this capacity is not compromised, APTMA spokesman said.
To cope with declining demand in India and abroad, Confederation of Indian Textile Industry (CITI) has urged Government for proper policy support. CITI states ...
Aimed at making the textile industry self-sufficient to face the current economic crisis, Federation of Indian Chambers of Commerce and Industry (FICCI) has sought a 'Special Textile Package' for the textile ...
In 2007, textile industry constantly kept the trend of relatively quick growth. In scale, the total industrial output value of textile enterprises reached 3,080 billion Yuan, and product price increased by 21.1% compared with that in the same period of last year...
Prime Minister Manmohan Singh has called for a meeting on Wednesday on bailing out the textile industry following the surge in input costs due to a sharp hike in the minimum support price (MSP) of cotton in September.
Over 40,000 employees from the textile industry, i.e. 15-20 per cent of the total number of employees, may be turned redundant next year, as a result of the fall of exports, and many firms consider giving up production.
Nigerian textile industry has been struggling to survive and is in pitiable state, especially due to impact of global recession and internal issues like lack of liquidity as well as inadequate power supply.