Page 10 - October-November-2018

10
Online visitor registration
and ITMA 2019 app launched
On-line visitor and participants registration
for ITMA 2019, the world’s largest textile and
garment producing and manufacturing
technology showcase has commenced.
Every four years, the exhibition is going to be
staged at Fira Barcelona, Spain.
Early bird visitors can enjoy lower rates till
15th of May 2019. Once they have bought
the badges on-line at www.itma.com/reg. A
one-day badge price is forty euros, and a
seven-day badge is eighty euros. The first
bird rates are up to fifty per cent below the
onsite rates, per CEMATEX, the European
Committee of Textile Machinery
manufacturers, that owns ITMA.
Mr Fritz P. Mayer, president of CEMATEX,
said: “ITMA 2019 exhibition space has been
sold out since April, and many of our
exhibitors will be using the platform to launch
new machinery and innovative solutions. We
expect interest from visitors to be very strong.
Hence, visitors are advised to book their
accommodation and buy their badge early.”
Visitors shopping for their badge can even
book seats at the conferences and forums
that are going to take place throughout the
show. To avoid onsite queues, once they
purchase their badges they can have them
printed before arriving at exhibition.
Additionally, guests requiring a visa to enter
Spain can request a call for participation
invitation once ordering their badge.
ITMA 2019 app
Coinciding with the online registration is the
launch of the official app for ITMA 2019. The
app can be downloaded free of charge from
the Apple App Store and Google Play.
October/November 2018
A modest increase 11
in textile exports by
3.72pc in
July-August 2018
In August 2018, the textile exports continuously during the same time period.
inched up as value added product segments
witnessed a moderate growth whereas, there was According to the month on month basis, Pakistan’s
also an increase in exports of cotton yarn and cloth. textile group exports saw a growth of 7.33pc in
As per the data released by the Pakistan Bureau of August 2018 compared against the same month last
Statistics (PBS), the textile exports hiked by 4pc in the year. During the period under review country earned
second month of fiscal year 2019 on year to year basis. $ 1.258 billion by exporting the textile products as
against the $ 1.172 billion of same month last year.
The figures were slightly higher for August 2018 that
saw the overall textile exports grow by 7pc During the first 2 months a positive growth was
compared to August 2018. During the period under recorded which included cotton yarn by 6.52pc, yarn
review, Knitwear recorded the highest growth by other than cotton by 2.84pc, bed wear by 2.72pc,
almost 30pc. Cotton cloth and ready-made knitwear by 11.29pc and towels by 7.02pc
garments saw a rise in volumes by 11 and 27pc respectively.
respectively.
During the period under review, the textile products
Growth in textile exports are often primarily attributed that recorded a negative growth include raw cotton
to the rupee depreciation that has allowed exporters by 62.14pc, cotton cloth by 0.69pc and other textile
to gain additional orders in international markets. products by 13.13 pc respectively.
The incentives provided to the textile sector based
on the PM incentive package has additionally From July-August, 2018 about 79,733 metric tons of
provided a lift to the sector. cotton yarn valuing $224.145 million exported as
against the exports of 81,064 metric tons worth $
Going forward, the sector is to gain from exemption 210.418 million of same period of last year.
once it involves increase in gas costs. Punjab based
textile industry is getting 28 percent system gas and Meanwhile, 7,450 thousand dozens of readymade
72 percent RLNG at an exorbitant rate of almost clothes valuing $435.425 million during the same
Rs1500/MMBTU. The government has exempted period as compared the exports of 6,108 thousand
zero-rated sectors which include textile, leather, dozens valued at $418 million at same time of last year.
sports and surgical products from the rise in gas
costs to lower their value of production by giving a At the same time, exports of raw cotton decreased
grant to the tune of Rs44 billion. from $8.695 million in July-August, 2017 to $3.292
million in the same months of current financial year,
During the first 2 months (July and August) of the recording decrease of 62.14 pc and the exports of
current fiscal year, the textile exports of the country cotton cloth stood at 345,229 thousand square
grew by 3.71 pc compared to the preceding year. meters worth $346.780 million, which were recorded
The textile products valued at $2.280 bn were at 328,741 thousand square meters valuing
exported compared to exports of $2.179 bn last year $349.197 million during the same period of last year.
October/November 2018