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Related Keywords: export earnings, Integrated Scheme for Development of Silk Industry, Make in India, Ministry of textile, textile sector

Cabinet headed by PM Narendra Modi had approved Integrated Scheme for Development of Silk Industry earlier which will benefit the silk industry of the country. The Ministry of Textile has made a heartfelt request to all ministries, departments and public sector undertakings to buy their fabric requirements from the local artisans in the country. The request has been made to give “purchase preference” to the local products under the “Make in India” scheme.

Related Keywords: attract foreign investment, boost domestic players, develop skills, focus on creating jobs, geo-textile fabrics, growth of natural fibre sector, Indian textile industry, Make in India, modernisation, on the final day of Textiles India, Prime Minister Narendra Modi, roped in to hard sell India, Seven union ministers

Seven union ministers were roped in to hard sell India on the final day of “Textiles India-2017” event, by Prime Minister Narendra Modi to attract foreign investment in the Indian textile industry and to boost domestic players urging them to focus on creating jobs.

Union Ministers M. Venkaiah Naidu, Nitin Gadkari, Ananth Kumar, Nirmala Sitharaman, Radhamohan Singh, Mahesh Sharma and Rajiv Pratap Rudy took part in different sessions at Mahatma Mandir and urged the players to help and support Prime Minister Narendra Modi’s Avision of “Make In India”.

Related Keywords: FDI, Global Vision of Indian Textile Industry, Indian textile suppliers, International textile conference, Make in India, Technical Textiles, Textile Association (India), textile investment, textile manufacturers, textile market in India, textile mills in India, textile sector, TUFS scheme

The Textile Association (India), Mumbai Unit organized International Textile Conference on “Make in India – Global Vision of Indian Textile Industry” on 1st & 2nd December 2016 at Hotel The Lalit, Mumbai. The Conference received overwhelming response.

Mr. C. Bose, President, TAI, Mumbai Unit welcomed the Chief Guest, Mr. Ujjwal Uke, IAS, Principal Secretary (Textiles), Government of Maharashtra and Key Note Speaker, Mr. R. D. Udeshi, President-Polyester Chain, Reliance Industries Limited. He also welcomed the Awardees, Speakers, Press, Media and delegates.

Related Keywords: domestic textile machinery industry, Government initiatives, grow in next five years, incentives for manufacturing sector, India International Textile Machinery Exhibitions Society, innovative technologies, ITME, Make in India, textile engineering, Textile machinery manufacturing section

The textile machinery manufacturing section is one of the important segments of the industry in India. With the government initiatives like 'Make in India' and incentives for manufacturing sector, the domestic textile machinery industry is likely to touch Rs 32,000-35,000 crore in the next five years from the present Rs 22,000 crore, according to India International Textile Machinery Exhibitions Society Chairman Sanjiv Lathia.

Related Keywords: driving demand for textile machinery, global textile machinery, growing domestic demand for textiles, growth in exports, home to world second largest textile industry, India, largest textile machinery and accessory exhibition, Make in India, raw materials, tenth edition of India International Textile Machinery Exhibition, textile engineering

India, a home to world’s second largest textile industry with the growing domestic demand for textiles coupled with growth in exports are driving the demand for all the textile machinery, raw materials including textile dyes & chemicals, is all set for the 10th edition of India International Textile Machinery Exhibition 2016, the largest textile machinery and accessory exhibition to be held in Mumbai.

Related Keywords: a marketplace for all handmade products, attempt to bring India little closer to world, bridge gap both economic and digital, help Indian traditional handloom artists and craftsmen, iShippo.com, Make in India, new players entering Indian e-commerce industry, shows signs of phenomenal growth year on year, susinable business opportunity

A large number of new players are entering the Indian e-commerce industry to test their fortunes as it shows signs of phenomenal growth year on year. This year, the growth is likely to be worth $38 billion, a growth of 67% over 2015. One such new entrant is Bengaluru-based iShippo.com, a marketplace for all handmade products.

Related Keywords: after twelve economies signed TPP deal, alternative trade bloc, backed on export focus, China, improve access to Asian markets, India stepping efforts, Make in India, Prime Minister Narendra Modi, RCEP agreement, reach deal centered on China, World Trade Organization

Now, after 12 advanced economies accounting for 40 percent of the global economy signed a TPP deal, India's trade negotiators feel they need to get a move on. India is stepping up efforts to reach agreement with an alternative trade bloc centered on China and hopes to reach a deal this year.

New Delhi has long been seen by many countries as an intransigent player at the World Trade Organization (WTO), a multilateral forum that has struggled to find the consensus it needs to move forward.

Related Keywords: agrotextile, Amended TUFS, capital subsidy for technical textile machinery, curtain raiser event of Technotex, geotextile, improving agricultural productivity, innovative technical textile products, Make in India, Minister of state for textiles, quality of output, Santosh Kumar Gangwar, special focus to techinical textile

Minister of State for Textiles (Independent Charge), Santosh Kumar Gangwar speaking at the curtain raiser event of Technotex 2016, held in New Delhi on Friday, said that a special focus has been given to technical textiles and has provided capital subsidy of 15 percent for technical textile machinery under Amended TUFS scheme.

The technical textiles can play an important role in the nation's social and economic fronts. As examples, Gangwar pointed out the applications of geotextiles in infrastructure and agrotextiles in improving agricultural productivity and quality of output.

Related Keywords: governments plans to grow the size, Make in India, Man made fiber based textile sector, meager share in market, need more investment, research and development, skill development, textile and apparel industry

The Man made fiber (MMF) based textile sector that presently has meager 2.2 percent share in the market needs more investment to help government's ambitious plans to grow the size of the segment from USD 110 billion to USD 400 billion in the next few years.

Related Keywords: Handloom Act, handloom industry, Make in India, powerloom

Handlooms and weavers in India are facing the threat of being completely wiped out if the Handloom Reservation Act of 1985 is amended to allow machines to copy the designs. Handloom Reservation Act, which since 1985 has been protecting traditional handloom weaves. Textiles have been one of the most elegant exhibitions of artistry in India. From the Chanderi, silk brocades of Varanasi to the tie and dye of Rajasthan and Odisha, the Chintas of Machhlipatnam and the Maheshwari saris of Madhya Pradesh, each tradition has a long story to tell.