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Textile mills affected by the move in ATUFS

The Cabinet Committee on Economic Affairs (CCEA) decision to introduce the Amended Technology Upgradation Fund Scheme (ATUFS) and approved R12,671…

8 years ago

Ludhiana textile industry calls new ATUFS anti-small sector and confusing

The Union government's decision to make amendments in a major scheme related to subsidies forwarded on textile machinery, according to…

8 years ago

New ATUFS to benefit textile industry

The Cabinet Committee on Economic Affairs on Wednesday gave nod to the introduction of “Amended Technology Upgradation Fund Scheme (ATUFS)”…

8 years ago

Textile Ministry recommends corrective measures to boost textile exports

In the last few months, India’s textile and apparel exports growth have slowed down on account of various internal and…

8 years ago

Interest equalisation scheme to help textile sector and boost exports

Cabinet Committee on Economic Affairs has given approval for interest equalisation scheme (earlier called Interest Subvention Scheme) on pre and…

9 years ago

MSP for cotton raised by INR50 per quintal for 2015-16 season

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, approved the Minimum Support Prices (MSPs) for…

9 years ago

Rising labour costs in 2014 pushes global sourcing costs to increase

2014 saw more wage strikes, resulting hikes and general unrest among workers when rates were not sufficiently raised. But despite…

9 years ago

Indian textile mills awaiting government to release pending TUFS subsidy soon

The Indian textile mills who had made investment for upgrading technology at their existing units as well as to set…

9 years ago

Surat textile entrepreneurs eagerly await for simplified TUFS

Surat textile entrepreneurs, the country's biggest man-made fibre hub has welcomed the proposal that the government planned to simplify the…

10 years ago

Progress assessment of four powerloom mega clusters in India done

India’s four powerloom mega clusters located at Erode (Tamil Nadu), Bhiwandi (Maharashtra), Bhilwara (Rajasthan) and Ichalkaranji (Maharashtra) was assessed by…

10 years ago