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Related Keywords: cotton belts of Vidarbha, create employment, in Vidarbha region, meeting with industrialist, Nitin Gadkari, processing unit, set up textile mills, Union minister for transport

Union minister for transport Nitin Gadkari held meeting with industrialists across the state at divisional commissioner’s office late Friday night to review the steps required to be taken into activate setting up of textile mills in Vidarbha region.

National Textile Corporation chairman Premchandra Vaishya, Addl chief secretary (textile) Sunil Porwal were present at the meeting along with industrialists and local MLAs.

Related Keywords: boost exports, create employment, double export, economic revival, facilitate industry, formulate comprehensive, long term policy, Pakistan textile sector, textile policy, to enhance capacity, top priority, value addition

The Pakistan government has put value addition in textile sector on top priority to double the exports in the sector for the economic revival of country for which there is a need to formulate a comprehensive and long-term policy. As both the government and industry were committed to fully exploiting the potential of all related sectors of textile aiming at to boost its exports for benefit of the country.

A meeting of Federal Textile Board (FTB), Pakistan will be held soon to discuss the issues being faced by textile industrialists and the ministry to addresses these issues.

Related Keywords: Abbas Khan, approved by ECC, boost economy, boost exports, create employment, double textile exports, Export Refinance Scheme, focus on value added products, Long-Term Financing Facility, Pakistan textile and clothing sector, production chain, resolve energy crisis, Textile Minister

The Pakistan textile industry finally gets its new Textile Policy 2014-19 as the Economic Coordination Committee of the Cabinet (ECC) gives approval. Announcing the new textile, the Textile Minister, Abbas Khan on Monday said that an amount of Rs 64.15 billion was proposed for next five years against the allocation of Rs 188 billion for the last textile policy 2009-14. This is help boost country’s exports of textile and clothing sector to $26 billion by 2019 from $13 billion.

Related Keywords: CM Mamata Banerjee, cottage industries, create employment, plan to set up MSME facilitation centres, small scale textile, speed conversion of land, third edition of Asansol Industry and Trade Fair, West Bengal

West Bengal Chief Minister, Mamata Banerjee at the inauguration of the third edition of Asansol Industry and Trade Fair on Thursday, spoke about the steps taken to increase small scale, textile and cottage industries and their plans to set up MSME facilitation centres in Durgapur and Burdwan.

MSME facilitation centres offer application facilitation services and supports entrepreneurs through various processes. This will create tremendous employment opportunity for the local youth.