Maharashtra government to introduce textile policy in two months

Related Keywords: apart from the Centre's textile package, attract investment, attract textile entrepreneurs, avert existing unit, entire value chain, introduced own textile policies, Maharashtra government, Major Cotton growing states, migrating to other major cotton growing states, new textile policy, other incentives, plans to introduce, TUFS

Mumbai
Maharashtra government to introduce textile policy in two months
Summary: 
Major Cotton growing states have introduced their own textile policies apart from the Centre's textile package, the technology upgradation fund scheme and other incentives, to attract investment. Maharashtra government to attract textile entrepreneurs in the entire value chain and also to avert the existing unit from migrating to other major cotton growing states is planning to introduce a new textile policy in next two months.

Major Cotton growing states have introduced their own textile policies apart from the Centre's textile package, the technology upgradation fund scheme and other incentives, to attract investment. Maharashtra government to attract textile entrepreneurs in the entire value chain and also to avert the existing unit from migrating to other major cotton growing states is planning to introduce a new textile policy in next two months.

http://www.business-standard.com/article/economy-policy/maharashtra-government-to-introduce-textile-policy-in-two-months-118011500658_1.html
0

Maharashtra to get its new textile policy for 2017-22 soon

Related Keywords: CII Conference on Achieving Sustainable Growth, demand pattern, industry members, invited inputs, Maharashtra Cooperation, Maharashtra government, Manufacturing Excellence, Marketing and Textiles Minister Subhash Deshmukh, new textile policy, Technical Textiles, textile and apparel industry, value added garments, year 2017-2022

Mumbai
Maharashtra to get its new textile policy for 2017-22 soon
Summary: 
Maharashtra Cooperation, Marketing and Textiles Minister Subhash Deshmukh at CII Conference on Achieving Sustainable Growth in Textile and Apparel Industry through Manufacturing Excellence said that the Maharashtra government will be coming out with the new textile policy for year 2017-2022 soon.

Maharashtra Cooperation, Marketing and Textiles Minister Subhash Deshmukh at CII Conference on Achieving Sustainable Growth in Textile and Apparel Industry through Manufacturing Excellence said that the Maharashtra government will be coming out with the new textile policy for year 2017-2022 soon.

The Maharashtra government is working out a new textile policy and has invited inputs from all the industry member in this regard.
Textile Commissioner Kavita Gupta, who was also present on the occasion, said that the government is focussed on value added garments and technical textiles.

http://www.moneycontrol.com/news/business/economy/maharashtra-govt-to-come-out-with-textile-policy-for-2017-22-soon-2407113.html
0

Maha govt to set up 9 textile parks in northern cotton growing regions

Related Keywords: ample cotton growing, Farming is lacking technology, Industries minister of Maharashtra, Maharashtra government, northern cotton growing regions, planning to set up nine textile parks, Progressive Maharashtra Summit, supplement farmers income, value added products, value addition from produce to fibre to fabric to fashion

Mumbai
Maha govt to set up 9 textile parks in northern cotton growing regions
Summary: 
The Maharashtra government is planning to set up nine textile parks in the northern cotton-growing regions of the state as there is ample cotton growing in northern Maharashtra and there is no value addition and through value added products they aim to supplement farmers’ income, said Subhash Rajaram Desai, industries minister of Maharashtra.

The Maharashtra government is planning to set up nine textile parks in the northern cotton-growing regions of the state as there is ample cotton growing in northern Maharashtra and there is no value addition and through value added products they aim to supplement farmers’ income, said Subhash Rajaram Desai, industries minister of Maharashtra.

http://www.timesnownews.com/mirrornow/news/in-focus/maha-govt-to-set-up-9-textile-parks-in-cotton-growing-regions-of-the-state/52385
0

Integrated textile park to be developed at Malegaon

Related Keywords: developed on the sprawling land in Malegaon, Farm to Fashion, farmers who produce cotton, garmenting segment, house units from weaving, Integrated textile park, Maharashtra government, planning to develop, spinning, strengthen linkages, theme of Cotton to Cloth, to ready-made garments in industrial units, to spinning of yarn

Nashik
Integrated textile park to be developed at Malegaon
Summary: 
Maharashtra government is planning to develop an integrated textile park on the theme of Cotton to Cloth, Farm to Fashion which will house units from weaving, spinning, garmenting segment. The textile park will come up on the sprawling 345 hectare of land in Malegaon.

Maharashtra government is planning to develop an integrated textile park on the theme of Cotton to Cloth, Farm to Fashion which will house units from weaving, spinning, garmenting segment. The textile park will come up on the sprawling 345 hectare of land in Malegaon.

http://www.dnaindia.com/india/report-maharashtra-to-develop-integrated-textile-park-at-malegaon-2518056
0

Maha govt plans to set up unique garment park in Solapur

Related Keywords: bhoomi pujan off the park, held on republic day, Maharashtra government, major garment hub, promote city of Solapur, set up garment park in Solapur, state textile minister, Subhash Deshmukh, three day internationational exhibition, uniform and textiles

Solapur
Maha govt plans to set up unique garment park in Solapur
Summary: 
Maharashtra government to promote the city of Solapur as a major garment hub has decided to set up Rs 300 crore garment park in Solapur The bhoomi pujan (ground breaking ceremony) of the park which would be developed thereon would be held on January 26, said state textile minister Subhash Deshmukh at the inauguration of the three day international exhibition on uniform and textiles held in Solapur.

Maharashtra government to promote the city of Solapur as a major garment hub has decided to set up Rs 300 crore garment park in Solapur The bhoomi pujan (ground breaking ceremony) of the park which would be developed thereon would be held on January 26, said state textile minister Subhash Deshmukh at the inauguration of the three day international exhibition on uniform and textiles held in Solapur.

http://www.moneycontrol.com/news/wire-news/maharashtra-govt-to-setrs-300-cr-garment-parksolapur_8220081.html
0

Maharashtra govt plans textile hub in Vidarbha to benefit cotton farmers

Related Keywords: agro industries, chief minister, cotton processing units, Devendra Fadnavis, higher remuneration for cotton farmers, interest subsidy, Maharashtra government, open up new market opportunity, policy to promote the textile sector, single window clearance, Tax concession on yarns, Vidarbha and Marathwada, worked out integrated model of textile

Mumbai
Maharashtra govt plans textile hub in Vidarbha to benefit cotton farmers
Summary: 
Maharashtra government to open up new market opportunities with higher remuneration for cotton farmers has worked out an integrated model of textile and agro industries in Vidarbha and Marathwada, said Chief Minister Devendra Fadnavis on Saturday performing the bhoomipujan for the units of J K Investors Ltd and Raymond Group of Companies at Nandgaon Peth in Amravati.

Maharashtra government to open up new market opportunities with higher remuneration for cotton farmers has worked out an integrated model of textile and agro industries in Vidarbha and Marathwada, said Chief Minister Devendra Fadnavis on Saturday performing the bhoomipujan for the units of J K Investors Ltd and Raymond Group of Companies at Nandgaon Peth in Amravati.

http://indianexpress.com/article/cities/mumbai/textile-hub-plan-in-vidarbha-govt-will-change-fortunes-of-cotton-farmers-says-cm-fadnavis-2778547/
0

Raymond signs MoU with Maharashtra govt to set up textile plant in Amravati

Related Keywords: Amravati district, chairman and MD Gautam Singhania, Chief Minister Devendra Fadnavis, develop the textile parks, dream project, investment of rupees one thousand four hundred crore, Maharashtra government, Make in India Week, Raymond, set up integrated textile manufacturing plant, signed MoU, textile major

Mumbai
Raymond signs MoU with Maharashtra  govt to set up textile plant in Amravati
Summary: 
Raymond, textile major has signed Memorandum of Understanding with Maharashtra government for setting up integrated textile manufacturing plant an investment of Rs 1,400 crore in state's Amravati district, chairman and managing director Gautam Hari Singhania told reporters on the sidelines of the ongoing Make in India Week held in Mumbai today.

Raymond, textile major has signed Memorandum of Understanding with Maharashtra government for setting up integrated textile manufacturing plant an investment of Rs 1,400 crore in state's Amravati district, chairman and managing director Gautam Hari Singhania told reporters on the sidelines of the ongoing Make in India Week held in Mumbai today.

http://retail.economictimes.indiatimes.com/news/apparel-fashion/apparel/make-in-india-raymond-bullish-on-its-rs-1400-crore-investment-plan-in-maharashtra/51003754
Company News
0

Mah govt to provide textile owners subsidy delinked from bank loan

Related Keywords: cotton ginning, credit linked subsidy, given thirty five percent capital subsidy, Maharashtra government, not linked to bank loans, policy decision, power loom and other textile-related units twenty five percent, processing and printing unit, provide subsidy to textile owners, spinning mills, technical textiles and composite units thirty percent

Mumbai
Mah govt to provide textile owners subsidy delinked from bank loan
Summary: 
Maharashtra government for the first time has taken decided to provide subsidy to textile owners which would not be linked to bank loans. In a policy decision taken last week, the state government has decided to provide capital subsidy which would be delinked from bank loans. Spinning mills, cotton ginning, processing and printing units would be given 35% capital subsidy; technical textiles and composite units 30%; and power loom and other textile-related units 25%. Power loom owners from the cotton belts of north Maharasthra, Marathwada and Vidarbha would be eligible for a further 10% capital subsidy.

Maharashtra government for the first time has taken decided to provide subsidy to textile owners which would not be linked to bank loans. In a policy decision taken last week, the state government has decided to provide capital subsidy which would be delinked from bank loans. Spinning mills, cotton ginning, processing and printing units would be given 35% capital subsidy; technical textiles and composite units 30%; and power loom and other textile-related units 25%.

http://indianexpress.com/article/cities/mumbai/major-impetus-to-textile-industry-as-state-delinks-subsidy-from-bank-loans/
0

Maharashtra govt to promote cotton based industries in Vidarbha

Related Keywords: contributes thirty percent, facilitator for providing land for the textile sector, followed by Marathwda, intregrate six distressed districts, Maharashtra government, Maharashtra Industrial Development Corporation, maximum cotton growing region, restore tage of white gold, VIdarbha, working n exhaustive policy

Nagpur
Maharashtra govt to promote cotton based industries in Vidarbha
Summary: 
Vidarbha, the eastern region of the Indian state of Maharashtra is amongst the maximum cotton growing region that contributes 30 percent of the crop followed by Marathwada regions comprising the districts of Yavatmal, Nanded, Amravati, Parbhani, Wardha, Jalgaon, Akola, Buldhana, Nagpur, Dhule, etc. The Maharashtra government is working on a exhaustive policy to integrate six distressed districts of Vidarbha through 80 percent cotton industry to restore its tag of “white gold”.

Vidarbha, the eastern region of the Indian state of Maharashtra is amongst the maximum cotton growing region that contributes 30 percent of the crop followed by Marathwada regions comprising the districts of Yavatmal, Nanded, Amravati, Parbhani, Wardha, Jalgaon, Akola, Buldhana, Nagpur, Dhule, etc. The Maharashtra government is working on a exhaustive policy to integrate six distressed districts of Vidarbha through 80 percent cotton industry to restore its tag of “white gold”.

http://indianexpress.com/article/india/india-news-india/vidarbha-to-house-80-cotton-industries-in-maharashtra/
0

Cooperative textile mills will be allowed to sell excess land to overcome crisis

Related Keywords: Chandrakant Dada Patil, cooperative sector, cooperative textile mills, government investments, Maharashtra government, Suresh Halwankar Committee, textile mills in maharashtra

Mumbai
Summary: 
Around 50 co-operative textile mills in Maharashtra are sick, closed or under liquidation process with losses in the range of Rs 10-40 crore each. The government's share in their capital ranges

Around 50 co-operative textile mills in Maharashtra are sick, closed or under liquidation process with losses in the range of Rs 10-40 crore each. The government's share in their capital ranges from 80% to 45%.

In order to save these mills from losses, Maharashtra government may soon allow the mills in the state to sell off excess land in their possession. These mills were never given permission to sell the extra land, despite repeated requests to this effect. The government has not yet decided on whether there should be a cap on saleable land.

0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Rebirth of New York fashion  
  17 Sep , 2019 Read full story  
India to become self sufficient in silk  
  17 Sep , 2019 Read full story  
Nike powered by renewable energy  
  17 Sep , 2019 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button