The Indian textile sector although has witnessed overall growth in terms of production of textile items and export during the year 2012-13, 2013-14 and 2014-15 (Apr-May). In the last two year about 29 cotton textile industries have closed in India.
As per available information, 29 cotton/man-made fibre textile industries were closed in India during last two years and current year as on 31.05.2014, said India’s junior minister of Textiles Santosh Kumar Gangwar while speaking to the lawmakers in Rajya Sabha, upper house of Indian parliament.
The main reason behind closure of mills/industries was financial constraints including other reasons such as strike/labour problem, lock-out, etc.
However, Indian government has conducted any survey on impact of closure of industries on production. There is no study done in the knowledge of government.
The minister said that Indian government has taken up initiative to launch various policy and schemes, viz., Technology Upgradation Fund Scheme (TUFS), Scheme for Integrated Textile Parks (SITP), Scheme for Development of Technical Textiles, Integrated Skill Development Scheme (ISDS), Schemes for the Development of Powerloom Sector, etc. to encourage and boost textile industry.
Return to Vendor has announced a major breakthrough for the textile industry, a fully stretchable nylon that is 100 percent…
The EC is set to launch a consultation inviting industry stakeholders to share their views on the potential impact of…
Japan has announced a faster plan to reduce household clothing waste by 25% by fiscal year 2030, compared with levels…
SGS has announced a complimentary webinar titled “Building Trust Through PFAS Conformity in Softlines,” scheduled to take place on January…
France has officially brought into effect a nationwide ban on per- and polyfluoroalkyl substances (PFAS) in textiles and footwear.
Materials start-up Ecogenesis Biopolymers has introduced a new thermoplastic polyurethane (TPU) filament for 3D printing that is derived from plants.