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budget+and+textile
2016-02-25 16:00:00
Textile industry pitches lowering excise duty and change in labour laws in Budget
The textile industry, which is the country's second largest employer after agriculture, contributes nearly 14 per cent to industrial production and 4 per cent to the GDP has pitched for incentives
2015-03-02 12:30:00
Budget 2015 has almost nothing for textiles, but growth may spur demand
The Union Budget 2015-16 has nothing for the Indian textile industry as it failed to consider the demands put forth by the industry. The industry has expressed disappointment over the budget
2014-07-21 23:00:00
Textile and construction MSMEs to witness more jobs following 2014 budget
The textiles sector and construction MSMEs is set to witness a substantial increase in employment following the 2014 budget. Though, it already offers numerous opportunities to the country's skilled
2023-04-03 14:36:48
TDB & Sahi Fab sign agreement to recycle hemp waste into textile
As part of the Waste to Wealth project, the Technological Development Board (TDB) and Sahi Fab signed a contract for the development and commercialization of "Agricultural waste of stem materials
2023-03-14 16:37:54
Primark releases new durability and repair initiatives
Primark is launching a series of new durability and repair initiatives, in order to help ensure clothes can be loved and worn for longer". In order to produce a unified standard for durability,
2022-03-04 05:58:30
Lenzing opens world’s largest lyocell facility in Thailand
Austrian fiber producer, Lenzing, is pleased to announce the successful completion of its new lyocell plant in Thailand, which is part of the Lenzing Group, has a capacity of 100,000 tonnes, and
2021-10-22 12:25:14
Bucha Bio raises $550K to scale MIRAIâ„¢ biotextile production
Biotechnology company based in New York, Bucha Bio Inc. that develops novel biomaterials from fermented bacterial nanocellulose and plants, has raised $550K in their most recent fundraising
2021-02-06 17:26:16
Indian textile industry welcomes Union Budget 2021-22
 While announcing the budget plan on February 1, 2021 union finance minister, Nirmala Sitharaman made few announcements for the textiles sector regarding custom duties. A concern has been shown to
2020-02-28 06:22:57
US technical textiles expansion accelerated by Quantum
Quantum Materials (Quantum), a leading manufacturer of custom, advanced textiles, reports that it is accelerating its investments in new manufacturing equipment to meet increased demand for domestic
2020-01-31 09:03:36
The Indian textile industry looks forward to new financial allocation in Union Budget
Indian textiles industry is expecting the Union Budget 2020-21 to be more focused with new financial allocations to strengthen the sector, especially the MSME segment. Union finance minister Nirmala
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