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Related Keywords: Ajay Tamta, data on Chinese import will allow the government, decide on an appropriate duty structure, import of Chinese undervalued fabrics, Minister of State for Textile, organized by SGCCI, paralyzed the MMF sector, Surat International Textile Expo

Minister of state for textile Ajay Tamta, who was in the city to inaugurate Surat International Textile Expo (SITEX) organized by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) here on Saturday, said the data on Chinese import will allow the government to decide on an appropriate duty structure.

Related Keywords: attract investment, benefit the economy, expecting thirty thousand crore investment, export oriented goods, main fcous on manufacturing, mega textile parks, Minister of State for Textile, new textile policy, not sell the National Textile Corporation (NTC) lands, Santosh Gangwar, seventy four textile parks, value added products

With government planning to announce a new textile policy by April this year with main focus on manufacturing of value added products and export oriented goods that will benefit the economy. The government is also expecting Rs.30,000 crore investment in 74 textile parks, said Minister of State for Textile Santosh Gangwar at Make in India Week held in Mumbai.

The government has given approval to 24 Textile Parks in the last one year, the rest were cleared by the previous government. So in total 74 textile parks will be set up, which will attract an investment of Rs 30,000 crore.

Related Keywords: approved 20 new park, attract investment, generate employment, Minister of State for Textile, Nation workshop, Santosh Kumar Gangwar, set klup more parks, textile investors, textile manufacturing, to strengthen Make in India in Textiles, under Integrated textile park scheme

Minister of State for Textiles (Independent Charge), Santosh Kumar Gangwar addressing a two-day National Workshop, held to strengthen Make in India in Textiles announced that government approved 20 new parks during previous seven months under the Scheme for Integrated Textile Park (SITP). The Government would set up 8 to 10 more parks in the 12th Five Year Plan. These parks will be catalytic in realizing Make in India vision of the Hon'ble Prime Minister.

Related Keywords: apparel park, closed mills, diversify jute products, feminine hygiene products, generate employment, jute sector, Minister of State for Textile, NJMC invite enrepreneurs, run jute mills, Santosh Kumar Gangwar, stakeholders, textile hub, utilize unused assets

Minister of State for Textiles, Santosh Kumar Gangwar after the review meeting held with various stakeholders of the jute sector at Kolkata yesterday, key decision has been taken to strengthen the jute sector. The Ministry for textile has taken decision to make most of the unused assets, such as land, of the three closed mills of NJMC (National Jute Manufactures Corporation Limited) for economic activities. The focus is to generate employment. Activities such as apparel park or textile hub shall be considered.

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: add USD 4-5 billion, china reducing export, Focus Product Scheme, global export share, home textile, huge scope, Indian Textile, Minister of State for Textile, S K Gangwar, Texprocil

Indian textile has a global exports share of just 3.5 percent that leaves huge scope for increasing it and the potential to export an additional USD 4-5 billion as China, which enjoys 35 per cent share, is slowly reducing its exports.

If the government eases tariff burden and raise overall concession under the Focus Product Scheme to 7 percent, the textile industry can easily add another USD 4-5 billion. The country's textile exports stood at USD 40 billion last year, stated Texprocil Chairman Manikam Ramaswami.