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Related Keywords: annually, import, imported from China, Issa Aremu, low cost, market, mismanagement, new textile policy, Nigeria, Nigerian government, Nigerian Textile industry, NLC, occupy 90 percent, smuggled products, textile and garment, without paying taxes

Textile and garments worth N300 billion being annually imported into Nigeria without paying duties or taxes. This was revealed by Issa Aremu, the General-Secretary of the National Union of Textile, Garment and Tailoring Workers of Nigeria in llorin, the Kwara State Capital at the 26th National Education Conference of the Union. He is also the vice president of the Nigeria Labour Congress (NLC).

Related Keywords: export market, Indian Textiles Industry, MMS, modernization of processing, new textile policy, restructuring, Shuttle-less loom, spinning, Technology Upgradation Fund Scheme, Textile Ministry, TUFS, weaving

Technology Upgradation Fund Scheme (TUFS) which was introduced in 1999 to catalyze investments in all the sub sectors of textiles industry by way of interest reimbursement. The scheme mainly focuses on modernization of processing, spinning, and weaving, garmenting and technical textiles segments, where there is good scope for massive employment generation and value-addition.

The textile ministry is now mulling over a proposal to restructure the textile upgrade fund (TUF) for making it broad based to include many more areas and make better benefits under the new textile policy proposed.

Related Keywords: boost sales, domestic and international market, handloom agencies, Handloom Marketing complex, handloom products, Indian handloom sector, marketing outlet, Minister of state for textiles, new textile policy, Santosh Kumar, Weavers

The Minister of State for Textiles (Independent Charge), Santosh Kumar Gangwar Thursday inaugurated the Handloom Marketing complex at Janpath in New Delhi, with a view to create a permanent marketing outlet that will enable handloom agencies to boost their sales as well as also make available quality handloom products to the perceptive consumers.

Related Keywords: energy crisis, export target, long term initiative, Ministry of Textile Industry, new textile policy, Pakistan textile industry, Pakistan textile policy 2009-14, short term support action, Textile production, value addition, yarn production

The Pakistan Textile Policy 2009-14 has failed bleakly to achieve its target of doubling exports of the country’s textile industry. The plan comprised short-term support actions and long-term initiatives aimed at promoting value addition on a wider scale.

When the policy was unveiled, textile exports were touching $12 billion in 2009-10. Fast forward to 2012-13, the figure went up slightly at around $13 billion. However, the shipments were nowhere near the target of $25 billion.

The textile industry has an 8% share in the gross domestic product (GDP) of the country.

Related Keywords: Commerce and Industries, Govindas Konthoujam, handicraft, Manipur handloom industry, Minister of Sericulture, NERTPS, new textile policy, powerloom, Santosh Gangwar, sericulture, Textile ministery

The Annual Conference of State Textiles Ministers was held on Wednesday at Scope Complex, Lodhi Road where Union Minister of State (Independent Charge) for Textiles Santosh Gangwar discussed the provisions of the proposed New Textile Policy such as introducing flexible labour laws and setting up integrated textile parks with States.

Participating at the conference, Govindas Konthoujam, Minister of Sericulture, Commerce and Industries, Manipur introduced a brief account of the status of handloom industry in Manipur.

Related Keywords: 13 textile parks, Indian textile industry, investment Rs100 crore, Minister of state for textiles, new textile policy, Santosh Kumar Gangwar, treble market share

The Minister of State (Independent Charge) for Textiles Santosh Kumar Gangwar approved setting up of 13 textile parks for which investment proposals of miniumum Rs100 crore will be considered, this move is expected to generate jobs for at least 2,500 to 3,000 people.

Subsidy amount of 40 crore each will be provided by the Ministry, said Gangwar. After agriculture, it is the textile industry which generates maximum employment

Gangwar has called for a meeting of the state Textile Ministers on 24 September, to seek their inputs on the new Textile policy and other related matters.

Related Keywords: FICCI, Indian textile and clothing sector, new textile policy, textile export, Textile Minister

Federation of Indian Chambers of Commerce (Ficci) envision textile sector to touch $145 billion of export in the next ten years with the support of the new textile policy.
 

Related Keywords: cotton production, narendra modi textile policy, new textile policy, Textile industry in India

The newly elected prime minister of India, Narendra Modi’s connection with the textile industry appears promising and the industry is well poised to experience a major breakthrough at the global level if things go as per his vision.

Related Keywords: Baburao Chinchansur, investment in textile, Karnataka textile policy, new textile policy, textile subsidy, textiles in Karnataka

The Karnataka state government has announced its ambitious new textile policy for 2013-18 and has set a target of attracting an investment of Rs 10,000 crore. It wants to make the state a preferred textile destination and create employment opportunities for over five lakh people during the five year period