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Related Keywords: aim to provide all kind of support, create a complete eco system for textile industry, first textile university in India, gujarat government, including technology, provide funds, research and development, set up at Surat, skilled manpower

India's first textile university will be set up at Surat for which the Gujarat government will provide funds worth Rs.800 crore - Rs 900 crore. The aim of the university is to provide all kind of support including technology, research and development (R&D), skilled manpower etc.

Purpose of the university will be to create a complete eco system for the textile industry in Gujarat and India. It will guide the government in policy making for the industry. The textile industry will support the government in this endeavour.

Related Keywords: Andhra Pradesh state, availability of raw cotton, combined investment, combined production of all spinning mills, factors responsible for investments, fifteen lakh spindles, incentives in form of power subsidies, ITC biggest player, set up nine spinning units, single-desk policy, skilled manpower, spinning industry continues to run smoothly

In Andhra Pradesh state, spinning industry continues to run smoothly and bring cheer to the otherwise gloomy industrial scenario in the district. As of the top ten industries established in the district during 2015-16, nine are spinning/textile units with a combined investment of Rs.14,500 crore. With this, the combined production of all spinning mills is 15.74 lakh spindles during 2015-16. However, ITC Limited remains the biggest player.

Moreover, with cotton produced in 65,000 hectares in the district, spinning and ginning industries have always fetched good returns.

Related Keywords: expansion of Vasantha Industries Cotton Spinning Mills, garmenting project by Texport Industries Project Limited, Guntur, infrastructure facilities, Knitting mill, Kurnool and Anantapur, measures for textile industry hub, skilled manpower, State investment promotion board, Tarakeswar Textile Park, Visakhapatnam

Chief Minister N Chandrababu Naidu at the State Investment Promotion Board (SIPB) meeting held on Tuesday urged the officials concerned to take measures for textile industry hubs at Guntur, Visakhapatnam, Kurnool and Anantapur.

Related Keywords: Indian labour law, Indian textile industry, International labour organisation, skilled manpower, textile growth target, textile ministry of India

To achieve textile growth targets skilled manpower of 35 million will be required by 2024-25. Also, initially training needs to be increased to generate the supply of about 1 million trained workers annually and to ensure that in the next three years, the entire new workforce entering the sector is formally trained and certified.

Related Keywords: design of textile cluster, Ichhalkaranji textile cluster, indigenous manufacturing of textile industry, skilled manpower, Textile cluster in Surat, TUFS, yarn bank

In a meeting held between textile commissioner Kiran Soni Gupta and members of man-made fabric industry of the city on Wednesday discussed over various issues ranging from TUFS, indigenous manufacturing of textile machinery, skilled manpower requirements, yarn bank, etc. Also design of the textile cluster in Surat was the major point of discussion.

Related Keywords: infrastructural facilities, man-made fibre hub, MMF textile hub, Modernization, skilled manpower, Surat textile entrepreneurs, TUFS

Surat textile entrepreneurs, the country's biggest man-made fibre hub has welcomed the proposal that the government planned to simplify the Technology Upgradation Fund Scheme (TUFS) and allocate to it Rs 2,500 crore in this financial year.
 
With the textile industry set to achieve a $50 billion export target, the TUFS scheme is likely to play a major role by improving infrastructural facilities and creating a skilled manpower for the sector. Modernization in the MMF textile hub, which started a few years ago, is geared up to get a major boost in 2014-15.

Related Keywords: domestic textile industry, export target, home textile, infrastructure, skilled manpower, technical textile industry, Textile Industry, TUFS

The textile industry occupies a unique place in India and with the textile industry setting target of USD 50 billion exports this financial year. Technology upgradation, better infrastructure and skilled manpower are a must to achieve the set target.