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2016-12-08 16:30:00
Govt. initiatives propel Indian textile industry in home textile
Indian Texpreneurs Federation (ITF), a textile industry body in the region has estimated the size of global home textile market to be of 96 Billion USD. It has chance to likely follow an upward trend
2016-09-21 12:00:00
Jharkhand signs MoU with Orient Craft for setting up two textile parks
The Jharkhand state during the launch of seminal investment promotion road show in association with Confederation of Indian Industry (CII) under the banner ‘Momentum Jharkhand Global
2016-09-16 12:00:00
Special textile package is yet to take off in creating jobs, productivity
The special textile package approval by the cabinet and announced by the government in June which involves a total outlay of Rs 6,000 crore aimed at improving competitiveness and generating higher
2016-09-09 16:00:00
India’s tech textiles likely to reach Rs 1.58 lakh cr mark in ongoing fiscal
At present the potential of technical textiles industry of India remains largely untapped. But with the growing industrialization, increasing access to medical care and huge infrastructure spending
2016-09-03 11:30:00
Govt considering cut in excise duty on MMF in the new policy
The Ministry of Textiles is set to announce a cut in excise duty on MMF in the new policy in order to boost investment to meet growing demand from the synthetic textile industry. The MMF industry
2016-08-05 14:00:00
CCI starts selling balance unsold stock through e auction to SSIs
The recent spurt in cotton prices has resulted in higher input costs for the spinning sector in the country leading to some financial stress. In order to ease the situation, Cotton Corporation of
2016-07-22 16:00:00
Govt proposes setting up a Hastkala Academy at New Delhi
The government of India has initiated a proposal for setting up a Hastkala Academy at New Delhi under which research work on development of the handicraft sector will be taken up, Parliament was
2016-07-03 14:00:00
AEPC expects Rs 5,000cr fresh investment to flow into the sector this year
Apparel Export Promotion Council (AEPC), an apparel industry body is expecting around Rs 5,000 crore fresh investments to flow into the sector during the current fiscal which may create as many as
2016-05-31 15:38:00
Uttarakhand govt plans to set up three textile parks
The Uttarakhand government is planning to set up a series of textile parks in the Kumaon region by offering attractive incentives, which includes a rebate on the land price, besides capital
2016-04-04 14:00:00
Powerlooms need to focus on better technology
The power loom clusters in Coimbatore and Tirupur districts have not adopted technology much and do not have trained manpower which is affecting production. They need to look at upgrading technology
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