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Govt to promote powerloom sector frames solar energy scheme

Related Keywords: basic cost of solar energy plant to applicants, formulated a Solar Energy scheme, Government for the development of the powerloom sector, increase production, loom weavers to utilize solar energy, Minister of State for Textiles Ajay Tamta, provide financial assistance and capital subsidy, under which it will provide incentives and concessions

The government for the development of the powerloom sector has formulated a Solar Energy scheme under which it will provide incentives and concessions to loom weavers to utilize solar energy to increase production, said Minister of State for Textiles Ajay Tamta.

Under the scheme, the government will provide financial assistance and capital subsidy to the extent of 50 percent, 75 percent and 90 percent of the basic cost of the solar energy plant to applicants.

The government has also conducted a study on the Scheme for Integrated Textiles Parks.

Texollini to invest in new technology

Related Keywords: California based vertical textile mill, fabric suppliers in America, increase production, quality of production, save chemical, save energy, save water, Texollini designed to be among most technologically advanced knitting mills, textile mill have five reasons to invest in new technology, yield an environmental benefit

California based vertical textile mill Texollini established in 1986 was designed to be among the most technologically advanced knitting mills and fabric suppliers in America. Amit Bracha, president and chief operating officer said the textile mill have five reasons to invest in new technology, as it will yield an environmental benefit. It will meet the stringent regulations or to save water in one of the reasons for making investment.

By saving water, you will be saving energy and also saving chemicals, said Bracha.

Rwanda govt exempts import duties and VAT on textile raw materials

Related Keywords: attract more investors in textile sector, ban on second-hand clothes, boost Made in Rwanda campaign, create jobs, effective second of December lose billions of francs in taxes, import duties, importation of textile raw materials, increase production, quality and quantitiy, Rwanda government, tax exemption, Value Added Tax, VAT

Rwanda government to boost Made in Rwanda campaign has announced tax exemption for importation of textile raw materials and leather, it applies to both import duties and Value Added Tax (VAT) which is effective from Friday, December 2, 2016. Although this move will see government lose billions of francs in taxes that it was getting from leather and textile imports, in the long run the government hopeful that it will boost the Made in Rwanda campaign.

Ivorian cotton farmers get raise in mandated price

Related Keywords: bump up production, Cotton Ginners Association, cotton harvest, cotton season, depends heavily on agricultural sector, expansion in number of farmers, increase production, increased mandated cotton price, Ivorian cotton farmers, Ivory Coast, largely market-based, major cotton exporters

The Ivory Coast is largely market-based and depends heavily on the agricultural sector. In a bid to increase production in the wake of a unsatisfactory cotton harvest, the Ivory Coast government increased mandated cotton price for farmers by six percent for 2016-17 seasons hoping that this increase will permit an expansion in the number of farmers and bump up production, a government spokesman said.

Ivory Coast, before a 2002-2003 civil war which split the country in two and halved production was one of the region's major cotton exporters, with an annual output of about 400,000 tonnes.

D&Y Textile aims to achieve export sales target of RM1 billion in FY2019

Related Keywords: aim to achieve export sales target of RM1 billion, an increase in yarn spindles, at Sedenak Industrial Park, build new plant, contract manufacturing, D&Y Textile Malaysia Sdn Bhd, increase in yarn spindles, increase production, largest textile enterprise, second phase of expansion, subsidiary of China-based textile group

D&Y Textile (Malaysia) Sdn Bhd, a subsidiary of a China-based textile group, whose current export sales stands at about RM220 million, which only consists of yarns is aiming to achieve export sales target of RM1 billion in the financial year ending Dec 31, 2019.

New modified and simplified textile policy to be announced soon

Related Keywords: bring down cost of production, focus of export and domestic markets, generate employment, increase production, interest subvention, introduce more value added products, labour wages, new modified and simplified textile policy, penetrate into newer markets, productivity of textile sector, Rashmi Verma, relaxation in labour laws, tax incentives

The government to soon announce a new modified and simplified textile policy that aims at increasing the production and productivity of textile sector, generating more employment, bringing down the cost of production, penetrating into newer markets, and introducing more value added products and focusing both on exports and domestic markets , said Textiles Secretary Rashmi Verma.

Apparel Park to come up soon at Angamaly

Related Keywords: approval for setting up apparel park at Angamaly, boost business at Garment Cluster, business space for individual units, design factory with advanced facilities, increase production, Mahila Apparels Garments Cluster, remaning cost by state government, state Industries department, to bear ten percent cost, training institute

The State Industries Department has given approval for setting up Rs11 crore apparel park at Angamaly which is expected to boost business at the Garments Cluster by upto 300 percent. According to the project report, 10 percent of the cost will be borne by the Mahila Apparels Garments Cluster, while the State Government will bear the remaining cost.

Nortex to make investment of P3m on machinery to increase production

Related Keywords: Botswanian largest towel manufacturer, current financial year, dyeing house and make-up department, increase production, invest P3 million on machinery, Nortex, Northern Textiles

Northern Textiles (Nortex), Botswana’s largest towel manufacturer which presently produces six tones of towels a day are planning to increase production to 6.5 tonnes in the current financial year, which began this month in a bid to sustain growth. The company has announced that it will invest P3 million on machinery, said the managing director, Mukesh Josh. They will not necessarily be growing the company, but will be maintaining growth.

Saurer introduces Autocoro 8 spinning machine with triple added value

Related Keywords: Autocoro 8 rotor spinning machine, increase production, innovation, leading textile industry group, profitability of textile companies, Saurer, single drive technology, with triple added value

Saurer, a leading textile industry group, presents the advantages of the company’s E³ that stands for Energy, Economy and Ergonomics an aggressive innovation philosophy for Schlafhorst's Autocoro 8 rotor spinning machine with triple added value, it will help increase in production and profitability of textile companies.

Russia focus on increasing production of technical textiles through new projects

Related Keywords: Balashov textile mill, BTK Group, designed package of measures, Dupont, increase production, increase share of domestically made, new investment projects, nonwoven industries, Russian Ministry of Industry and Trade, support technical textiles

The Russian Ministry of Industry and Trade has designed a package of measures, aimed at supporting the country’s technical textiles and nonwovens industries that is steadily growing. This is reflected by the number of new investment projects announced for implementation in recent months. The increase in production of technical textiles is part of the ambitious plans of the Russian government for the increase of the share of domestically made technical textiles - up to 80% of the local market by 2020.

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