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Related Keywords: Bulk orders cancelled, cotton trade, demonetised notes, Ichalkaranji, Ichalkaranji Powerloom Weavers Cooperative Association Limited, major textile hub, Manchester of Maharashtra, national and international brands, raw material transportation delayed, ready cloth

Ichalkaranji a major textile hub in the country, known as the Manchester of Maharashtra, in just 15 day the daily turnover at has plummetted from Rs 45 crore to Rs 13 crore as traders are cancelling orders unless the mills accept payment in demonetised notes. Bulk orders have been cancelled and transportation of raw material has been delayed.

Related Keywords: centre of excellence in image processing, DKTE has Centre of excellence in non-woven technology, DKTE society's textile and engineering institute, facilitate teaching faculties, Ichalkaranji, Nanded based SGGS, signed a MoU, students to share academic and administrative knowledge

The DKTE society's textile and engineering institute in Ichalkaranji and Nanded based Shri Guru Gobind Singhji Institute of Engineering and technology (SGGS) signed a Memorandum of understanding (MoU) which will facilitate both the institute's teaching faculties and students to share their academic and administrative knowledge.

SGGS has centre of excellence in image processing, while the DKTE has Centre of excellence in non-woven technology.

Related Keywords: BJP MLA, Foreign direct investment, Ichalkaranji, implement textile policy, invite experts, New textile committee, Suresh Halwankar, Textile town

A new textile committee has been set up under the chairmanship of Suresh Halwankar, BJP MLA from Ichalkaranji, a textile-town in Kolhapur district to effectively implement the textile policy.

The previous committee consisted of national and state level textile institutions, business associations and bureaucrats, the new one has only bureaucrats except Halwankar, a second time MLA.

Related Keywords: ACIMIT, agreement, BIANCO, DKTE, FADIS and SAVIO, Ichalkaranji, Indian market, Italian textile machinery sector, Italian textile technology training centre, Ministry for Economic Development, new business opportunities, textile technology training centre in India

The Italian textile technology training centre to start in India, it will open up new business opportunities for the Indian market. The agreement to set up training centre was signed about two year ago between the DKTE’S Textile & Engineering Institute in Ichalkaranji in the district of Kolhapur, Maharashtra and Association of Italian Textile Machinery Manufacturers (ACIMIT).