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The concluding day of India Runway Week (IRW) was high on textile and handloom with five designers from the past seasons dedicating their line to textiles and handlooms during the finale show.

The textile millers yesterday expressed concern over the proposed price hike of industrial gas because of which the production cost will increase and they will finally fail to remain competitive in the global market.

KARACHI: Textile and clothing exports grew 12.95 percent year on year to $1.202 billion in March, as exporters cheered tax incentives announced last year by the government to boost trade, analysts said on Monday.

There is positive feedback from the government on increasing the drawback rates. But this is yet to happen.A garment exporter who used to get ₹7 or ₹8 a piece from drawback is getting just ₹2 or ₹3 a piece now.

Pakistan’s textile exports have been tapering off for the last four years, but an incentive package valuing Rs 180 billion, comprising rebates and tax concessions announced in January last year, bucked up exporters to contend for increase their share in the markets around the world.The exports should be regularly subjected to audit from third party to ascertain the use of imported inputs after one year.

In a bid to transform Gujarat from a fabric manufacturing hub to apparel manufacturing hub, textile players are organising a three-day expo ‘Farm to Fashion’ from May 4 in Ahmedabad.