Rise in ROSL funds to boost textile export

News Tags: 163.85 crore from Rs 1, 555 crore in this FY, apparel and garment manufacturing centres, apparel sector, Budget allocation, help boost textile export, raised to Rs 2, Remission of State Levies, ROSL scheme, Smriti Irani, Textile Minister, TUFS also increased

New Delhi
Rise in ROSL funds to boost textile export
Summary: 
The Budget allocation for remission of state levies (ROSL) scheme has been raised to Rs 2,163.85 crore from Rs 1,555 crore in 2017-18, initiatives like 39 percent increase would help boost textile export, said Textile Minister Smriti Irani.

The Budget allocation for remission of state levies (ROSL) scheme has been raised to Rs 2,163.85 crore from Rs 1,555 crore in 2017-18, initiatives like 39 percent increase would help boost textile export, said Textile Minister Smriti Irani.

Allocations under the technology upgradation fund scheme (TUFS) have also been increased by 15 percent in the Budget.

Irani said that the Rs 6,000-crore package announced for apparel sector last year, and 39 percent increase in ROSL would help push the exports.

https://www.indiatoday.in/pti-feed/story/hike-in-rosl-funds-to-boost-textile-export-irani-1168727-2018-02-13
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Indian apparel industry despite global challenges performing competitively

News Tags: Apparel Export Promotion Council Export Wards, change in global markets and challenges, emerging Fashion centre, enormous raw material, fair share of Micro, manufacturing base, sector performing at par other countries, Small and Medium enterprises, Smriti Irani, talent in terms of designing, Textile Minister, textile sector comprising

New Delhi
Indian apparel industry despite global challenges performing competitively
Summary: 
Textile Minister Smriti Irani at the 22nd Apparel Export Promotion Council Export Wards in the national capital said that the textile sector in the country comprising of a fair share of Micro, Small and Medium Enterprises (MSMEs) despite the change in global markets and challenges, the sector is performing at par with other countries competitively.

Textile Minister Smriti Irani at the 22nd Apparel Export Promotion Council Export Wards in the national capital said that the textile sector in the country comprising of a fair share of Micro, Small and Medium Enterprises (MSMEs) despite the change in global markets and challenges, the sector is performing at par with other countries competitively.

Also the country is finding its place as an emerging Fashion centre with an enormous raw material and manufacturing base on the country along with the talent in terms of designing.

http://menafn.com/1096250759/Indian-apparel-industry-performing-positive-despite-global-changes-Smriti-Irani
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State plans to open 12 new textile clusters to encourage handloom and weavers

News Tags: allot special funds in the budget, announced state government plan, bring in textile policy, e commerce, encourage handloom, K T Rama Rao, open 12 new textile clusters, open outlets, provide marketing, support weavers, Textile Minister, welfare measures

Hyderabad
State plans to open 12 new textile clusters to encourage handloom and weavers
Summary: 
Textile Minister K T Rama Rao announced that the state government has plans to open 12 new textile clusters to encourage handloom and support weavers apart from bringing a textile policy for taking up several welfare measures for weavers' benefit.

Textile Minister K T Rama Rao announced that the state government has plans to open 12 new textile clusters to encourage handloom and support weavers apart from bringing a textile policy for taking up several welfare measures for weavers' benefit.

http://timesofindia.indiatimes.com/city/hyderabad/State-to-develop-12-textile-clusters/articleshow/55887378.cms
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Textile Minister to sanction composite textile park in Arunachal Pradesh

News Tags: Arunachal Pradesh, sanction composite textile park, Smriti Irani, Textile Minister

Mumbai
Textile Minister to sanction composite textile park in Arunachal Pradesh
Summary: 
Union Textile Minister Smriti Irani sanctioned a Composite Textile Park for Arunachal Pradesh. The Park would have facilities for skill development, design and product upgradation and facilities for export of finished handicrafts, the Minister said during a meeting with Chief Minister Pema Khandu at New Delhi.

Union Textile Minister Smriti Irani sanctioned a Composite Textile Park for Arunachal Pradesh. The Park would have facilities for skill development, design and product upgradation and facilities for export of finished handicrafts, the Minister said during a meeting with Chief Minister Pema Khandu at New Delhi.

Ms Irani assured of deputing a group of experts to handhold the State government in preparation of the DPR and running the centre there after, an official release said.

http://www.thehindu.com/todays-paper/tp-national/tp-otherstates/arunachal-to-get-composite-textile-park-soon/article9186657.ece
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Center likely to provide subsidy to power looms running on solar energy

News Tags: Centre considering to provide subsidy of powerloom running on solar energy, increase earning of handloom weavers, OBC category and SC, part of clean energy initiative, Powerloom in India, Santosh Gangwar, ST category, subsidy to be given to person belonging to General category, Textile Minister, utilize solar energy for running operations

New Delhi
Center likely to provide subsidy to power looms running on solar energy
Summary: 
As part of clean energy initiative, from August 15, power looms in the country will utilize solar energy for running their operations. Textile Minister Santosh Gangwar said that the Centre is considering to provide 50 percent subsidy to them.

As part of clean energy initiative, from August 15, power looms in the country will utilize solar energy for running their operations. Textile Minister Santosh Gangwar said that the Centre is considering to provide 50 percent subsidy to them.

The total subsidy to be given is Rs.3.75 lakh to persons belonging to the General Category, Rs.5.62 lakh for OBC category and Rs.6.75 lakh to SC/ST.

http://www.thehindu.com/todays-paper/tp-business/power-looms-running-on-solar-energy-likely-to-get-subsidy-from-centre/article8715831.ece
0

Government in the process to announce a new textiles policy by April 2016.

News Tags: accomodate series of reforms, amendment in labour law, close to finalization, during budget session of Lok Sabha, Indian textile players, issued before end of April, make India manufacturing hub in textile sector, New national textile policy, Santosh Kumar Gangwar, slowdown in Chinese textiles industry, take maximum advantage, Textile Minister

Mumbai
Government  in the process to announce a new textiles policy by April 2016.
Summary: 
Textiles Minister Santosh Kumar Gangwar said that New National Textile Policy is close to finalization and to be issued before the end of April, 2016 during the budget session of the Lok Sabha. The policy is expected to accommodate a series of reforms to make India a truly manufacturing hub in textiles sectors so that Indian textiles players can take maximum advantages of the slowdown in Chinese textiles industry.

Textiles Minister Santosh Kumar Gangwar said that New National Textile Policy is close to finalization and to be issued before the end of April, 2016 during the budget session of the Lok Sabha. The policy is expected to accommodate a series of reforms to make India a truly manufacturing hub in textiles sectors so that Indian textiles players can take maximum advantages of the slowdown in Chinese textiles industry.

http://www.business-standard.com/article/economy-policy/government-to-come-out-with-new-textiles-policy-by-april-116021800451_1.html
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Ministry of Textiles to focus on overall development in handloom sector

News Tags: Banaras Butidar Silk Saree, Banaras Silk Brocade, Chanderi Saree, committed to achieve overall growth of handloom sector, exhibition of Indian handloom products, implement various developmental and welfare schemes, India Handloom Brand scheme, NCTD, prestigious collection Vishwakarma, skilled weavers, Tanchoi Silk Saree, Textile Minister

New Delhi
Ministry of Textiles to focus on overall development in handloom sector
Summary: 
An exhibition showcasing an exquisite collection of Indian handloom products was inaugurated on Tuesday by the Union Minister of State for Textiles (I/C), Santosh Kumar Gangwar at National Crafts Museum in New Delhi. S.K. Panda, Secretary (Textiles) and Alok Kumar, Development Commissioner (Handlooms) were also present on the occasion. The exhibition will run from December 22 to 31, 2015.

An exhibition showcasing an exquisite collection of Indian handloom products was inaugurated on Tuesday by the Union Minister of State for Textiles (I/C), Santosh Kumar Gangwar at National Crafts Museum in New Delhi. S.K. Panda, Secretary (Textiles) and Alok Kumar, Development Commissioner (Handlooms) were also present on the occasion. The exhibition will run from December 22 to 31, 2015.

http://www.smetimes.in/smetimes/news/top-stories/2015/Dec/23/govt-committed-to-achieve-overall-growth-of-handloom-sector.html
0

Textiles Ministry lays foundation stone for ITOC at IIHT, Varanasi

News Tags: at IIHT Varanasi, bringing a NIFT extension counter in the IIHT campus, common platform to all stakeholders, exporters and marketing agencies, higher productivity, income and better livelihoods for weavers, integrated textile office complex, laid foundation stond for ITOC, saving of time and money, Textile Minister, Weavers

New Delhi
Textiles Ministry lays foundation stone for ITOC at IIHT, Varanasi
Summary: 
Foundation stone was laid for the integrated textile office complex (ITOC) at Indian Institute of Handloom Technology (IIHT) Varanasi by Textile Minister, Santosh Kumar Gangwar on Sunday. The proposed office complex will house all offices in Varanasi under the Ministry of Textile which work for the welfare of weavers.

Foundation stone was laid for the integrated textile office complex (ITOC) at Indian Institute of Handloom Technology (IIHT) Varanasi by Textile Minister, Santosh Kumar Gangwar on Sunday. The proposed office complex will house all offices in Varanasi under the Ministry of Textile which work for the welfare of weavers.

http://www.business-standard.com/article/government-press-release/textiles-minister-lays-foundation-stone-of-integrated-textile-office-complex-at-115122000579_1.html
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ERP system introduced to boost domestic handloom sector in Varanasi

News Tags: benefit weavers, commercial activities of NHDC, decrease costs and streamline supply of raw material processes, improve productivity, increase efficiencies, launched Enterprise Resource Planning System, Santosh Kumar Gangwar, Textile Minister, to boost domestic handloom industry in Varanasi

New Delhi
ERP system introduced to boost domestic handloom sector in Varanasi
Summary: 
Textile minister Santosh Kumar Gangwar launched the Enterprise Resource Planning system for the commercial activities of the National Handloom Development Corporation (NHDC) to boost domestic handloom industry in Varanasi on Sunday.

Textile minister Santosh Kumar Gangwar launched the Enterprise Resource Planning system for the commercial activities of the National Handloom Development Corporation (NHDC) to boost domestic handloom industry in Varanasi on Sunday.

NHDC has thus become the first PSU under the Textiles Ministry to have the ERP system, the system that will help improve productivity, increase efficiencies, decrease costs and streamline supply of raw material processes in NHDC.

http://www.dnaindia.com/money/report-textile-minister-launches-enterprise-resource-planning-system-to-boost-handloom-industry-2157886
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Maha govt mull over allowing sick co-op textile mills to sell land, recover losses

News Tags: Chandrakant Dada Patil, Maharashtra government, permission to sell excess land in possession, recover losses, revive textile mills, sick cooperative textile mills, Textile Federation, Textile Minister

Mumbai
Maha govt mull over allowing sick co-op textile mills to sell land, recover loss
Summary: 
To recover losses and revive sick cooperative textile mills in the Maharashtra state, a major step being considered under the comprehensive plan of cooperative structure is whether to allow sick textile mills to sell of excess land in their possession, said textile minister Chandrakant Dada Patil.

To recover losses and revive sick cooperative textile mills in the Maharashtra state, a major step being considered under the comprehensive plan of cooperative structure is whether to allow sick textile mills to sell of excess land in their possession, said textile minister Chandrakant Dada Patil.

The government's share in their capital ranges from 80% to 45%. Most of them are spinning mills. Each unit has loss in tune of Rs20-40 crore.

http://www.dnaindia.com/india/report-sell-land-recover-losses-maharashtra-government-lines-up-plan-for-sick-co-op-textile-mills-2118814
0
 
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