Kerala state moots one time capital infusion for textile industry

News Tags: capital investment, expert committee headed by P. Nandakumar, Kerala state government, modernization strategy, recommended one time fund infusion, revive seventeen mills, sustainable development, working capital

Thiruvananthapuram
Kerala state moots one time capital infusion for textile industry
Summary: 
Kerala state government’s expert committee headed by P. Nandakumar, comprising, among others, M.P. Sukumaran Nair, chairman, Public Sector Restructuring and Internal Audit Board, has recommended one time fund infusion of Rs. 494.81 crore, Rs. 317.89 crore for capital investment, and Rs. 176.93 crore as working capital for revival of 17 mills in the State with a sustainable development and modernization strategy.

Kerala state government’s expert committee headed by P. Nandakumar, comprising, among others, M.P. Sukumaran Nair, chairman, Public Sector Restructuring and Internal Audit Board, has recommended one time fund infusion of Rs. 494.81 crore, Rs. 317.89 crore for capital investment, and Rs. 176.93 crore as working capital for revival of 17 mills in the State with a sustainable development and modernization strategy.

http://www.thehindu.com/todays-paper/tp-national/tp-kerala/revival-strategy-mooted-for-textile-industry/article19079786.ece
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Digital printing to create revolution in textile industry  
  21 Oct , 2017 Read full story  
Global cotton production set to rise by 10pc during 2017-18 season  
  21 Oct , 2017 Read full story  
Indonesian govt invites Mitsubishi to invest in textile industry  
  21 Oct , 2017 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