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Made in Italy Project: Blockchain to change textile industry

Related Keywords: analysis of manufacturing processes, certifying the supply chain, Made in Italy textile industry, production chain, social and environmental sustainability of the productions, tanning & textile sector chain, traceability of this supply chain, use of blockchain in SMEs in the textile industry

The first pilot project for the use of blockchain in SMEs in the textile industry was officially presented at the Italian Ministry of Economic Development (MISE) on March 13. Blockchain technology will support Made in Italy project, protect its uniqueness and quality such as certifying the supply chain thanks to the mechanism of the "shared register" which enables attaining maximum security regarding counterfeit stabs.

Textile Policy 2014-19 approved by ECC to enhance exports to $26bn by 2019

Related Keywords: Abbas Khan, approved by ECC, boost economy, boost exports, create employment, double textile exports, Export Refinance Scheme, focus on value added products, Long-Term Financing Facility, Pakistan textile and clothing sector, production chain, resolve energy crisis, Textile Minister

The Pakistan textile industry finally gets its new Textile Policy 2014-19 as the Economic Coordination Committee of the Cabinet (ECC) gives approval. Announcing the new textile, the Textile Minister, Abbas Khan on Monday said that an amount of Rs 64.15 billion was proposed for next five years against the allocation of Rs 188 billion for the last textile policy 2009-14. This is help boost country’s exports of textile and clothing sector to $26 billion by 2019 from $13 billion.

CMTA to be appointed to speed up mega powerloom cluster project in Surat

Related Keywords: Cluster Management and Technical Agency, CPCDS, detailed conceptual report, detailed project report, diagnostic study report, expression of Interest, infrastructure facilities, production chain, scale up, Surat Powerloom mega cluster, union textile ministry

Cluster Management and Technical Agency (CMTA) will be appointed to develop Surat as powerloom mega cluster under 'comprehensive powerloom cluster development scheme (CPCDS) for which expression of interest (EOIs) have been invited by the Union textile ministry.

CMTA's role will be to identify the overall objectives of mega cluster scheme in the detailed conceptual report (DCR), diagnostic study report and detailed project report (DPR) with justification and supporting data.

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