News Tags

Related Keywords: Ahmisa silk is one of the project, approached designers, collaborated with Jharkhand Silk textile and Handicraft Development Corporation, create collection made from Ahmisa silk, Designer Archana Kochhar, guided weavers, Indian textile ministry, Jharcraft looms, promote dying arts and crafts, silk fabric is handwoven, the non-violent fabric

At the beginning of the year, the Indian textile ministry had approached designers to promote few dying arts and crafts of India. To be a part of this movement, they had taken up a few projects with an aim to complete them one at a time. One of which is the ahimsa silk, said the Mumbai-based designer Archana Kochhar who visited the looms where the silk fabric is handwoven, and guided the weavers to make a few designs and colour changes to meet contemporary style requirements.

Related Keywords: AEPC, Bangladeshi mills, Europe, global safety norms, Indian garment export, Indian textile industry, Indian textile ministry, Soaring costs in China

India garment exports due to steady flow of orders from Europe and a weaker rupee witnessed a jump of 23% in August to $1.38billion. With a robust growth in August, exports in the April-August period hit $7.07 billion, up 18% y-o-y, according to the Apparel Exports Promotion Council (AEPC) data.

Having slipped nearly 6% in the last fiscal and witnessing a drop in 10 of the 12 months of 2012-13, garment exports started picking up since March last year as the domestic currency continued a downward journey and demand from the US started picking up due to an economic recovery.

Related Keywords: duty cut, Indian textile ministry, investment, job creation, Texprocil, Textile Industry, textile machinery, TUFS

Cotton Textiles Export Promotion Council of India (Texprocil), a government constituted body has put forward their proposal to reinstate the benefit as investments made during the 18 month gap are eligible investments before and after extension of the TUFS with the Indian Textile Ministry They have assured that if the government accepts the sector’s demands in the forthcoming Budget and should the Rs 1,000 crore of TUFS money surrendered is given back to the textile industry, the textile industry would invest up to Rs 4,000 crore and set in motion the process of capacity creation 50

Related Keywords: 23 lakh powerloom, bankers, beneficiaries, Indian textile ministry, Kiran Sony Gupta, office of textile commissioner, online, Textile Commissioner, TUF scheme

The Indian Textile Ministry has decided to put all information related to Textile Upgradation Fund (TUF) Scheme online. This will assist the beneficiaries to overcome any possible procedural hassles and also delay and confusion over the communication. The decision on TUF procedure to be made online as it was observed that of the 23 lakh powerlooms, only about 1.25 lakh looms have taken advantage of the TUF and other schemes.

Related Keywords: hire purchase scheme, Indian textile ministry, powerloom unit, Textile Industry, TUFS

TUFS facilitates modernisation and upgradation of textiles industry by providing credit at reduced rates to entrepreneurs both in the organised and the unorganised sector in the textiles industry. The Textile ministry to benefit small units in the powerloom sector will be introducing hire-purchase scheme under TUFS.

The Indian powerloom sector has around 43 lakh weavers who are in severe need of modernisation and the ministry is hopeful that this hire-purchase scheme will benefit them as each machinery costs Rs 20-30 lakh.