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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: benchmark study in shaping, identify the gaps, launched study, Mega event Textile in Karnataka, Ministry of textile, MMF textile in India, MMF textile production and exports, MMF textile segment, promote growth of man-made fibre, SRTEPC, suggest measures, textile commissioner’s office

At the mega event ‘Textile in Karnataka’ on Monday, the ministry of textile and the textile commissioner’s office launched a study to promote growth of man-made fibre (MMF) textile in India and to identify the gaps and suggest measures.

According to the Synthetic and Rayon Export Promotion Council (SRTEPC), the study on the MMF sector is aimed at demystifying the factors responsible for the stagnation of the MMF textile segment in India. The study will give a road map to identify gaps and suggest measures.

Related Keywords: able to procure yarn raw material, bank guarantee reduced from fifty percent to twenty five percent, first yarn banks in the Surat, from Rs one crore to Rs two crore, Increase in the corpus fund, Ministry of textile, polyester fabric-at concessional rate, powerloom weavers in Pandesara and Ved Road industrial areas, procure yarn on credit

With the increase in the corpus fund for India's first yarn banks in the Surat from Rs 1 crore to Rs 2 crore and bank guarantee reduced from 50 percent to 25 percent by the Ministry of Textile, the powerloom weavers in Pandesara and Ved Road industrial areas will be now able to procure yarn raw material for the polyester fabric-at concessional rates.

Two years ago, the central government had sanctioned two yarn banks in the powerloom clusters of Ved Road and Pandesara, country's largest man-made fabric (MMF) centre.

Related Keywords: able to procure yarn raw material, bank guarantee reduced from fifty percent to twenty five percent, first yarn banks in the Surat, from Rs one crore to Rs two crore, Increase in the corpus fund, Ministry of textile, polyester fabric-at concessional rate, powerloom weavers in Pandesara and Ved Road industrial areas, procure yarn on credit

With the increase in the corpus fund for India's first yarn banks in the Surat from Rs 1 crore to Rs 2 crore and bank guarantee reduced from 50 percent to 25 percent by the Ministry of Textile, the powerloom weavers in Pandesara and Ved Road industrial areas will be now able to procure yarn raw material for the polyester fabric-at concessional rates.

Two years ago, the central government had sanctioned two yarn banks in the powerloom clusters of Ved Road and Pandesara, country's largest man-made fabric (MMF) centre.

Related Keywords: at Industrial Estate, Common Facility Center constructed, impart training, latest technology in design, Ministry of textile, Naharlagun, North East Textile Promotion Schemes, product diversification, training programme on Silk Weaving on Jacquard, under Integrated Sericulture Development Project, various stake holders of weaving fraternity

Under the Integrated Sericulture Development Project of North East Textile Promotion Schemes of Ministry of Textile, GoI a new Common Facility Centre has been constructed at Industrial Estate, Naharlagun which was inaugurated by Minister Textile and Handicrafts, Tapang Taloh on Tuesday.

The Common Facility Centre is under the Department of Textile & Handicrafts.

Related Keywords: CCI to sell balance unsold stock, cotton corporation of India, financial stress, higher input costs for spinning sector, Ministry of textile, msp for long staple cotton, spurt in cotton prices, SSI spinning mills, through online auction

The recent spurt in cotton prices has resulted in higher input costs for the spinning sector in the country leading to some financial stress. In order to ease the situation, Cotton Corporation of India (CCI) has started to sell its stock to SSI spinning mills.

The online auction of the balance unsold stock of the Cotton Corporation of India (CCI) has commenced from August 2 to the Small Scale Industries (SSI) registered with the office of Textile Commissioner and the Government Co-operative mills which are fully dependent on them for their cotton requirements.

Related Keywords: attract investors for expansion, CETP plant, eyeing garmenting units, Ministry of textile, other state-of-the-art facilities, set up state-of-the-art textile processing cluster, SGCCI. financial grant, Southern Gujarat Chamber of Commerce and Industry, tertiary treatment plant, Trichy garmenting hub, with hi-tech technology and upgradation

The Southern Gujarat Chamber of Commerce and Industry (SGCCI) looking for financial grant from the ministry of textile, for the proposed state-of-the-art textile processing cluster at Pinjrat village in Olpad taluka of Surat district.

The total project cost for the cluster is pegged at Rs 800 crore. The SGCCI is eyeing 50 percent financial assistance from the central government and 25 percent each from the state government and the industry.

Related Keywords: bridge the digital divide, bring global market at doorstep of weavers, directly sell products online, educate, engage with weavers in Bagalkot, focus on sustainable growth and welfare of weavers, Indian Handloom Brand, iShippo.com, Ministry of textile, online marketplace, other clusters in the state of Karnataka, train and empower weavers

India Handloom Brand under Ministry of Textile - Government of India is opening up to change, focusing on sustainable growth & welfare of the weavers. Keeping this in mind, iShippo.com an online marketplace for home based business joins Development Commissioner Handloom of the Ministry of Textiles, Government of India, to educate, train and empower weavers to directly sell their products on the iShippo.com online portal.

Related Keywords: decided to totally exit from mass production, focus on premium segment, government has undertaken to train weavers, handloom fabric, looking to build its India Handloom Brand, Ministry of textile, remove distress among underpaid weavers, upgrade their skills for high-end handloom fabrics

Ministry of Textiles is looking to build on its India Handloom Brand (IHB) to remove the distress among the lakhs of underpaid weavers for which they has decided to totally exit from mass production of handloom fabric and focus on the premium segment, after fighting a losing battle with powerlooms in the mass segment for several years.

This move is paying off in not just improving the earnings of the weavers but also in terms of sales numbers of the IHB, whose perception has changed with better quality, competitive pricing and easy availability.

Related Keywords: access facilities such as Weavers Service Centres, among youth, enable innovation in fashion industry, entered into joint partnership, handloom clusters, Ministry of textile, NDTV Ethnic Retail Ltd, popularize Indian handloom brand, promote traditional handwoven products, support fashion industry

As part of government’s efforts to promote and popularize Indian Handloom brand among the youth and support the fashion industry. The Ministry of Textiles has entered into joint partnership with NDTV Ethnic Retail Ltd. This was announced by the Centre on Thursday.