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Related Keywords: address issue of high electricity tariff, at a single point, cotton to garment manufactuing, export, generate huge revenue, generate employment, long term strategy, Make in India, Make in Maharashtra, new textile policy, set up textile units, State Textile Minister Chandrakant Patil, Textile parks

State Textile Minister Chandrakant Patil told the Legislative Assembly that the new textile policy would be unveiled soon that will address issues of high electricity tariff and also include measures such as cotton-to-garment-manufacturing at a single point for setting up textile units.

The focus of new textile policy would be also on setting up textile parks in Vidarbha and Marathwada. It's not only expected to reduce farmer suicides but also generate employment.

Related Keywords: apparel, boost manufacturing, exhibitors across India, home furnishing, largest textile show in Asia, Make in India, Minister of State for Textile, rayon, Santosh Kumar Gangwar, silk, synthetic, Tex Trend 2015, Threads and Fabrics, yarns

The 5th edition of Tex-Trends India 2015 was declared open with the inauguration by Minister of State for Textile, Santosh Kumar Gangwar at Pragati Maidan (ITPO), in New Delhi on Wednesday. This event has exhibitors from across the length and breadth of India, including Tamil Nadu, Maharashtra, Bengal, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh and Punjab.

The show will also have theme area made by TEXPROCIL, NJB, EPCH, SETEPC, DISHA, CEPC to showcase uniqueness and strengths of the India's Textiles Industry.

Related Keywords: announce a new textile policy, chief minister, cotton to manufacturing textile, developing sector of vidarbha, expansion of textile industry, Make in India, Textile Association India, World economic forum meet

Chief Minister Devendra Fadnavis to ease regulatory procedures for business announced that the number of approvals needed from the state will be reduced to 25 from the 76 at present. This comes in the backdrop of Fadnavis' visit to Davos to attend the World Economic Forum (WEF) meet.

Related Keywords: anti-dumping duty, CITI, costs of converting raw material, ICF, Make in India, Nirmala Sitharaman, raw material costs, reduction of excise duty, removal of import duty, revive textile industry, SIMI, SISPA, Texprocil

The Southern India Mills’ Association (SIMA), Confederation of Indian Textile Industry (CITI), Cotton Textiles Export Promotion Council (TEXPROCIL), Indian Cotton Federation (ICF), South India Spinners Association (SISPA) and other stake holders has submitted a joint memorandum to Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce & Industry urging for a cut in duties to revive the industry.

Related Keywords: bilateral trade, garment export, government assistance, Make in India, move value chain, Tamil Nadu textile industry, Texpreneurs Forum, textile goods export

Tamil Nadu textile industry has lot of potential and is looking for government’s assistance to move up in the value chain. Their share of yarn exports was nearly 60 percent. The industry in the State accounts for exports of textile goods worth ₹75,000 crore a year. The value-added garments’ export was worth ₹30,000 crore. Keeping this in view the Centre in this regard needs to take necessary steps.

Related Keywords: international trade fair, Make in India, matrix of technology, one stop favoured destination, Rajasthan textile sector, textile and handicraft, Vastra-2014

Rajasthan textile sector will be provided with the complete matrix of technology, innovation and quality in order to bring it in line with the 'make in India' Campaign of Prime Minister Narendra Modi.

Chief Minister Vasundhara Raje speaking at the inauguration of 'Vastra-2014' further said that these (technology, innovation and quality) are the hallmarks of the campaign and therefore they want to infuse the best in technology and innovation and make them the best in quality as the government was committed to making the state a "one stop and most favoured destination for investment".

Related Keywords: AEPC, entire value chain, garment industry, India apparel exports, India Market Days, MAI scheme, Make in India, new foreign trade policy, Textile and Clothing industry

Apparel Export Promotion Council (AEPC) informed Tuesday that garment exports are on the sustained path of growth with apparel exports from India having registered 17.6 percent growth in April-September 2014.

Related Keywords: Chinese exports, Indian textile and apparel exports, labour unrest in Asian competitor, Make in India, OTEXA, readymade garments, US market

Indian textile and apparel exports to US have risen nearly 7 per cent during January-August 2014, according to the US Department of Commerce’s Office of Textiles and Apparel (OTEXA) data, compared with an average 2 per cent annual growth in the last five years.

The Centre’s ‘Make in India’ pitch seems to have already found resonance in the country’s textile and garment industry, with India’s exports to its largest single market, the US, headed for a record surge this year.

Related Keywords: defense sector, DRDO, focused on research, Garware-Wall Ropes, import substitutes, Make in India, re-energised companies, Technical textile

The Government thrust on ‘Make in India’ has re-energised companies like Garware-Wall Ropes which are focused on research. Garware-Wall Ropes seeing immense potential of technical textile in defense have decided to grow its technical textile business by focusing on import substitutes, particularly in the defense sector.

The company has signed a letter of intent with the Defense Research and Development Organisation (DRDO) to develop products.