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Related Keywords: Amravati, capital subsidy, cotton growing area, develop land, Devendra Fadnavis, easy shifting of textile mills, help NTC shut mills, land in Mumbai, Maharashtra Chief Minister, National Textile Corporation, set up textile units, textile policy

Maharashtra chief minister Devendra Fadnavis in a meeting with National Textile Corporation (NTC) official a fortnight ago made it clear that the government would help NTC shut its mills in Mumbai and develop the land, provided it set up textile units in Amravati. The condition is to set up the mills there, operationalize them and only then would the government allow NTC to commercially exploit its land in Mumbai.

The decision likely to be opposed by political satraps in Satara, Sangli, Solapur and Ichalkaranji who have interests in the textile industry in these regions.

Related Keywords: Chairman T Rajkumar, drop in cotton prices, increasing yarn stock, Indian textile products, Kiran Soni Gupta, liquidity crunch, MSP operations, poor offtake, SIMA, Souther India spinning mills, TUF subsidies, Union textile commissioner

The spinning mills of southern India is currently facing inevitable liquidity crunch caused by increasing yarn stock, poor offtake and long pending TUF subsidies. Southern India Mills’ Association (Sima) chairman T Rajkumar in his interactive meeting with Union textile commissioner Kiran Soni Gupta on Monday, urged Gupta to expedite the bail-out package to save thousands of small and medium units from becoming non-performing assets.

Related Keywords: chemicals, fabrics, floor covering, innovative company, Judson plant in Greenville, Milliken, plan to end operations, plant to reposition manufacturing assets, produces textiels

Milliken & Co. is an innovation company that produces textiles, chemicals, fabrics, plastics, composites and floor coverings started in 1865 announced its plans to end operations at its Judson plant first purchased by Deering Milliken in 1927. The Judson plant in Greeville produces yarn used in other manufacturing locations to make fabric which employes 200 people.

Related Keywords: Arun Jaitley, do away with anti dumping, excise duty, gujarat textile manufacturers, polyester, present full year budget, president Jitendra Vakharia, price relaxation in acquiring land, rise in raw material prices, simplify taxe, South Gujarat Textile Processors Association, tax cut in budget, Union Finance Minister

Union Finance Minister Arun Jaitley, who will present his first full year budget on February 28, seeking to put Asia's third-largest economy on a path of 7-8 percent growth over the next two years, earlier this month Jaitley had said that the overall economic situation in the country is looking better and added that basic parameters of the Indian economy are moving in the right direction.

The Gujarat textile manufacturers are looking ahead to tax cuts in the Union Budget which will help the industry come out of its current crisis.

Related Keywords: conference on technical textile, FICCI, government to offfer incentives, identified land at Yadgir, industries ready to move out of Bengaluru, Ministry of textile, revise textile policy, TECHNOTEX, training people in textile sector, upcoming textile park

K Ratnaprabha, additional chief secretary, government of Karnataka speaking at the road show for Technotex 2015, an annual conference on technical textiles organized by the ministry of textiles and FICCI, here on Tuesday, said that the government wants industries to move away from the congested Bengaluru region. The government was ready to offer incentives to industries willing to move out of Bengaluru.

Related Keywords: balanced growth, bring transparency to scheme, clothing sector, different segments of textile, Kiran Soni Gupta, Southern India Mills Association, Stakeholder to review scheme, streamline procedure, submit suggestions, Textile Commissioner, Textile mills, TUFS

At a meeting organized on the TUFS by the Southern India Mills’ Association in Coimbatore on Monday, Textile Commissioner Kiran Soni Gupta said that the Ministry was looking at balanced growth of different segments of the textile and clothing sector and if there were modifications that were needed in the Technology Upgradation Fund Scheme (TUFS), the stakeholders should review the scheme and submit their suggestions. These could be taken up at the end of the XII Plan period.

Related Keywords: boost production, Central silk board, DX system, import substitute bivoltine raw silk, in India, increase total storage capacity, Mysore facility, NSSO .mulberry silkworm, preserve hibernated bivoltine silkworm seed, Santosh Gangwar, sericulture industry, set up silkworm egg cold storage plant, Union Textile Minister

Central silk board has set up high capacity state-of-the-art silkworm egg cold storage plant at Mysore in Karnataka where up to 1 crore disease free layings (dfls) can be comfortably preserved in this plant. In effect, with this plant, the total storage capacity of the Mysore facility would go up to 1.5 crore dfls.

The new plant was inaugurated by Union Textiles Minister Santosh Kumar Gangwar is expected to give a boost to the production of import substitute bivoltine raw silk in India.

Related Keywords: APTMA, DBK allowed only on, implement the policy, incremental exports, mixed reaction, no incentive for spinners, Pakistan Apparel Forum, Pakistan textile policy, PBEA, textile exports, Textile Industry, timeline of refunds

Mixed reactions coming in from the Pakistan textile industry on the announcement of its new textile policy 2014-19, according to Pakistan Apparel Forum’s Chairman Muhammad Jawed Bilwani, under the present economic circumstances no better policy could have been expected but stressed on implementing the policy in letter and spirit to get required targets.

He said that the new five-year policy would go a long way in benefiting the entire textile sector and boosting exports of value-added garments and apparel.

Related Keywords: Centre of Excellence for Technical Textiles, expand pan India, IN-Situ upgradation sheme, Kiran Sonai Gupta, plain powerloom, Somanur cluster, South India Textile Research Association, subsidy to uprade each powerloom, Technical Textiles, Textile Commissioner

According to a press release from The Regional Office of the Textile Commissioner, Kiran Soni Gupta, the In-Situ Upgradation Scheme for Plain Power Looms was launched in Somanur cluster and so far, 107 units (totally 800 power looms) had benefited and obtained Rs. 87.28 lakh subsidy under the scheme. The units get Rs. 15,000 maximum subsidy to upgrade each power loom.

They have requested that the scheme should be expanded pan India and should be available to all power loom units, irrespective of the number of looms.

Related Keywords: creativity of textiles, display South Asian art collection, embroidered Mughal dress, exhibition, fabric of India, India festival, Indian objects and prints, London, Nature and Making, Nehru gallery, technical mastery, the rich world of handmade textiles, Victoria and Albert Museum

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This exhibition is a symbol of the evolution of cultural ties between the two nations that have a great shared history, V&A director Martin Roth said.
The V&A has one of the finest collections of South Asian art and “The Fabric of India”, through over 200 exhibits, will explore the rich world of handmade textiles and illustrate the technical mastery and creativity of textiles.