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Related Keywords: designer of the policy, developed around the concept, fabric to fashion, Foreign direct investment, Ichalkaranji based BJP MLA Suresh Halwankar, in Maharashtra state only, new textile policy, roadmap to implement the policy, textile hub, to convert the cotton into usable clothes

New textile policy proposes Rs 80,000 crore investment in five years in the sector which will be developed around the concept, 'fabric to fashion'. Currently, the clothing industry from cotton to fabric to ready-to-wear cloths is scattered across the country. The new policy aims to change this situation, by processing its cotton completely here and the final ready-to-use cloths will be produced in the state only.

Related Keywords: approve investment proposals., at Global Investors Meet, entice more investment, evaluating financial and legal aspects, Handlooms and Textiles Department of Tamil Nadu, introduce suitable tax concessions, new textile policy, single window system, studying textile policies, various states

The Handlooms and Textiles Department of Tamil Nadu is studying the textile policies of various other states like Maharashtra, Gujarat and Madhya Pradesh and evaluating the financial and legal aspects before coming up with a new textile policy in the next few days to entice more investments ahead of the Global Investors Meet.

On Wednesday, the Ministers concerned and representatives from the textile sector had a meeting in which requests were made to have a policy on a par with recent trends in the sector.

Related Keywords: Apparel manufacturing centre, boost domestic garment industry, bright prospect of India, CMAI, each in eight north eastern states, generate employment, impart training, international market, National Garment Fair, new textile policy, signing FTA with European Union, under skill development program

The Government plans to spend Rs.20 crore in apparel manufacturing centre which will be a single storey building set up on 1.50 acres land and generate employment for about 1,200 people per centre. Such modern apparel manufacturing centre would be set in each of the eight north-eastern States – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.

Related Keywords: capital subsidy, long term policy, Ministry of textile, new textile policy, states share in central taxes increased, to reintroduce Tufs, Union government, with some tweaks

The Union government is looking to re-introduce the Technology Upgradation Fund Scheme (Tufs) with some tweaks; states might be asked to fund it. They are also looking for a long term policy perhaps for at least 10 years, in the new textile policy, scheduled to be out by month-end, said Sanjay Kumar Panda, Secretary, ministry of textile on Thursday.

In the revised policy, the onus of funding the sector is likely to be put on the states where factories exist. As, the states’ share in central taxes has been increased to 42 percent from 32 per cent earlier.

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: CPFTA, Federal Minister for Commerce, Khurram Dastgir, new textile policy, Pakistan government, sign FTA with China and ASEAN countries, textile companies, trade and export, value added exports

Pakistan government to promote trade and export efforts are in the process to sign Free Trade Agreement – II with China and also to sign Free Trade Agreements (FTAs) with ASEAN countries. Federal Minister for Commerce Khurram Dastgir said that China has promised to offer more facilities and market access to Pakistan’s products under the second phase of China-Pakistan Free Trade Agreement (CPFTA), which is under process to be signed between the two countries. Three rounds of dialogue have been held so far on the CPFTA.

Related Keywords: APTMA, energy supply, Heimtextile exhibition, imposed regulatory duty, new textile policy, Pakistan announced, Punjab based textile industry, SNGPL restricted gas supply, substantial export orders, textile export

With the new textile policy 2014-19 being announced, according to All Pakistan Textile Mills Association chairman S M Tanveer taking the textile exports to $26 billion in next five years would remain a dream in case the energy supply remained situation dismal, particularly in Punjab and hence the proposal to make availability of electricity at 8 cents per unit for feasibility of textile industry in Pakistan has been put forward.

Related Keywords: draft new textile policy, ECC for approval, federal minister for textile, GSP plus, new textile policy, Pakistan texile sector, related sector of textile, value added products

Pakistan’s textile sector alone has the potential to steer the country out of its financial crisis. Keeping this in view, Federal Minister for Textile and Industries Abbas Khan Afridi on Tuesday said that draft of the new textile policy (2014-19) would be ready in a few days and will be forward to the ECC of the Cabinet next week for approval.

He stressed the need for formulating a comprehensive and long-term policy, and said both the government and industry were committed to fully exploit the potential of all related sectors of textile.

Related Keywords: build more cluster, cotton farmers, debate in Lok Sabha, new textile policy, Santosh Kumar Gangwar, Textile Minister, Textile undertakings Laws Bill 2014

Textile Minister Santosh Kumar Gangwar on Monday replying to a debate in the Lok Sabha on the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014, said that government was keen to take the country forward in textile sector.

The government will bring in a new textile policy by next month and seek to build more clusters in the country,

In his reply to the debate, Gangwar thanked the members for their interest in the issue and wide participation in the debate and said the government was moving forward with slogan of "development for all".

Related Keywords: ECC, financial package over Rs80 billion, improve fiber and product mix, new textile policy, Pakistan Ministry of Textile industry

The Pakistan Ministry of Textile Industry during a meeting with the Economic Coordination Committee (ECC) held on October 30 on the new proposed five year textile policy 2014-19 has put forward a strong case for a financial package of over Rs80 billion give a 100% boost to exports and strengthen the overall economy.