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

Chinese textile industry all set for social responsibility and sustainable development

News Tags: Asean, China National Textile and Apparel Council, Chinese textile and apparel industry, dyeing and printing enterprises., sales and exports growth, social responsibility, sustainable development, wool and flax spinning

China
Chinese textile industry
Summary: 
The textile and apparel industry of China is determined to fight back the trend by becoming more efficient, innovative and environmentally friendly, although textiles and apparel industry growth in sales and exports has slowed down from January to July by 1.5 percentage points and 1.2 percentage points, respectively.

The textile and apparel industry of China is determined to fight back the trend by becoming more efficient, innovative and environmentally friendly, although textiles and apparel industry growth in sales and exports has slowed down from January to July by 1.5 percentage points and 1.2 percentage points, respectively.

Also many labor-intensive manufacturing industries in China have declined with the country's economic slowdown, as per the industry's 2013-2014 social responsibility report.

http://www.ecns.cn/business/2014/09-17/134886.shtml
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Indian kharif season sees king cotton making a big comeback  
  24 Jun , 2017 Read full story  
Pochampally IKAT art mela kicks off  
  23 Jun , 2017 Read full story  
Boost to Rivatex as India grants Sh3 bn for machine upgradation  
  23 Jun , 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