YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Textile industry seeks cut in duties and higher funds allocation for growth

Related Keywords: cotton price, cotton textile industry, cotton working capital, cut in excise and import duties, higher fund allocation, market of man made textile products, Santoch Gangwar, SIMA, Textile Industry, Textile Minister, TUF

Textile industry are seeking reduction in excise and import duties while pitching for higher fund allocation as it will enable Indian textile industry to achieve a substantial growth rate in the market of man-made textile products as this segment has not achieved any growth rate over a period. In this regard, South Indian Mills Association (SIMA) representatives met Textile Minister Santosh Gangwar.

Punjab millers, farmers upset over not getting textile hub

Related Keywords: 5Fs formula, cotton textile industry, cotton traders, fabric to fashion, farm to fibre, Hussainiwala border, Punjab cotton ginners, revive cotton exports, Textile Park, textiles in Malwa region, traders and farmers

Punjab cotton ginners, traders and farmers upset over not getting big-ticket investment and technology upgradation for textiles in Malwa region. As Narendra Modi , while addressing a Lok Sabha election rally on April 25, 2014 had promised to take care of farmers of Malwa and cotton traders. He had suggested the '5Fs' formula - farm to fibre to fabric to fashion and fashion to foreign - to revive cotton exports if NDA was voted to power.

USAID and Partners to expand US-Africa apparel trade and investment link

Related Keywords: cotton textile industry, US-Africa apparel trade, USAID

Building on the momentum of President Obama's Trade Africa initiative, memorandum of understanding to expand trade and investment linkages between the United States and sub-Saharan Africa in the cotton textile and apparel sectors have been entered into by the United States Agency for International Development (USAID), the American Apparel and Footwear Association (AAFA), and the African Cotton and Textile Industries Federation (ACTIF).

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button