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India’s Khadi and Village Industries Commission (KVIC) has achieved more than cent per cent target of subsidy allotted for implementation of Prime Minister Employment Generation Program (PMEGP), says the Management Development Institute (MDI) in Gurgaon. The utilisation of the same was less than half in 2008-09, but reached 100.37 per cent in 2016-17. 

Uzbekistan has offered Hungary to create joint ventures in the two countries for production of finished textile products and their export to the European Union (EU). The Association of Textile and Clothing and Textile Industries Enterprises in Uzbekistan (Uztekstilprom)recently discussed this issue with Hungarian ambassador to Uzbekistan Peter Santo. 

Karl Mayer, developer of solutions for warp knitting, warp preparation for weaving and technical textile, is set to display market-specific and innovative systems at ITM 2018, the 34th international textile machinery exhibition, to be held from April 14 to 17, 2018, in hall 7, stand 709, at the Tuyap fair convention and congress centre in Istanbul, Turkey. 

The company is exhibiting as an innovative partner in the warp knitting and warp preparation sectors, and one which can offer leading brands many new ideas and concepts. Karl Mayer is specifically targeting producers of home textiles and stylish, functional clothing by exhibiting products for the warp knitting sector. 

For its visitors, the company has prepared a machine show and a number of decorative islands to illustrate a variety of applications. The focus of these platforms, which are intended to generate new ideas, is lace fabrics for lingerie and clothing, terry goods made from polyester and cotton, warp-knitted spacer textiles and plush articles. Net curtains are the focus of the machine presentation. 

Karl Mayer is an expert in warp preparation for the denim sector, and Karl Mayer Technische Textilien GmbH is showcasing innovative systems for the composites and building sectors. 

Source : Fibre 2 Fashion

To ensure that the tax system remains fair and resilient in the digital economy, Singapore is to introduce Goods and Services Tax (GST) on imported services.

Implementation of the Goods and Services Tax (GST) has had a positive impact on the logistics of businesses, while glitches in the GSTN portal, cumbersome procedures and cost of compliance remain major areas of concern, industry body Ficci said on Sunday, citing its survey in this regard.

Large scale manufacturing sector is crucial for the economy but the main providers of jobs in Pakistan are the small and medium enterprises (SMEs) that need a boost to move from being local suppliers to global suppliers.

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