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2015-12-31 11:00:00
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)†which will replace the existing Revised
2015-11-27 14:00:00
Rajasthan not just a textile hub but next destination for investors
Rajasthan has not just emerged as a textile hub over the last few decades which provides direct and indirect jobs to nearly seven lakh people and contributes 17percent to the state’s exports
2015-10-08 10:00:00
Govt plan to replace interest subsidies with other forms for textile sector
The Technology Upgradation Fund Scheme (TUFS) was introduced to make available funds to the textile industry for upgrading technology at existing units as well as to set up new units with
2015-09-14 10:00:00
Indian textile sector wants govt to provide conducive environment
The Indian textile industry wants the government to create a conducive environment as they see a revival of demand in Europe and US markets by the end of this financial year for which the sector is
2015-09-08 13:00:00
SISPA appeals to TN govt to reduce VAT on cotton on from 5% to 2%
South India Spinners Association (SISPA) has appealed to the Tamil Nadu government to reduce VAT on cotton, cotton yarn and synthetic yarn from 5 percent to 2 percent, abolish the one percent cess on
2015-09-03 10:00:00
SIMA mull over set up textile processing park for SMEs under IPDS
Southern India Mills’ Association (SIMA) welcoming the Chief Minister Jayalalithaa’s announcement made on Tuesday is planning to set up a textile processing park in the State for the
2015-08-22 12:00:00
SIMA seeks interim package to improve competitiveness of textile industry
Southern India Mills’ Association to support the textile industry, especially the spinning mills is the State which is going through a phase of recession has appealed to the Chief Minister to
2015-08-04 10:00:00
Maharashtra govt invites investors to invest in Nandgaon mega textile park
The Maharashtra Textile Department and Industries Department has called investors to invest in India’s one stop textile destination the recently inaugurated mega textile park Nandgaon Peth in
2015-04-27 10:00:00
TN textile exporters seek setting up a textile board and separate export policy
Tirupur garment sector contributes to 11 percent of the State’s export turnover. There is huge potential to double this with friendly-policy interventions for which the textile industry
2015-04-10 11:00:00
Govt to re-introduce Tufs with some tweaks for at least 10 yrs for textiles
The Union government is looking to re-introduce the Technology Upgradation Fund Scheme (Tufs) with some tweaks; states might be asked to fund it. They are also looking for a long term policy perhaps
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