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Related Keywords: development of weavers and artisans, Handloom and Handicraft clusters, Handloom and Handicraft sectors, India Handloom Brand, micro, Minister of state for textiles, Ministry of Textiles, Small and Medium enterprises, State Textile Ministers, textiles ministry, textiles sector

The meeting was attended by State Ministers of Arunachal Pradesh, Jharkhand, Madhya Pradesh, Telangana, Uttar Pradesh and Uttarakhand along with senior officials of the Ministry of Textiles and Development Commissioners for Handloom and Handicrafts. Minister of Textiles and Information & Broadcasting Smriti Zubin Irani presided over the meeting along with Minister of State for Textiles Ajay Tamta and Secretary Textiles, Anant Kumar Singh.

Related Keywords: based on annual turnover, classified under micro, made on plant and machinery, MSMEs, not investments, Small and Medium enterprises, Textile manufacturing units, Tirupur knitwear cluster

Textile manufacturing units in Tirupur knitwear cluster to get classified under micro, small and medium enterprises (MSMEs) based on the annual turnover, and not on the investments made on plant and machinery.

As per the new classification, the units with annual turnover less than Rs. 5 crore would be termed ‘micro enterprise’, the units with annual turnover of more than Rs. 5 crore and less than Rs. 75 crore would be put under ‘small enterprise’ category, and the units with turnover between Rs. 75 crore and Rs. 250 crore would be classified as ‘medium enterprise’.

Related Keywords: Apparel Export Promotion Council Export Wards, change in global markets and challenges, emerging Fashion centre, enormous raw material, fair share of Micro, manufacturing base, sector performing at par other countries, Small and Medium enterprises, Smriti Irani, talent in terms of designing, Textile Minister, textile sector comprising

Textile Minister Smriti Irani at the 22nd Apparel Export Promotion Council Export Wards in the national capital said that the textile sector in the country comprising of a fair share of Micro, Small and Medium Enterprises (MSMEs) despite the change in global markets and challenges, the sector is performing at par with other countries competitively.

Also the country is finding its place as an emerging Fashion centre with an enormous raw material and manufacturing base on the country along with the talent in terms of designing.

Related Keywords: Egypt showing keen interest, especially in Micro, huge potential to explore in different categories, Mactech Expo, MSME sector, MSMEs manufacturing different commodities, Small and Medium enterprises, strengthening ties, Textile Industry, with India along trade

Egypt showing keen interest in strengthening ties with India along trade, especially in the Micro, Small and Medium Enterprises (MSME) sector, as there is huge potential for the two countries to explore in different categories of the MSMEs manufacturing different commodities.

Related Keywords: accelerate growth of textile industry, clearance mechanism, comprising of over ninety percent, facilitate value addition, Federation of Indian Export Organization, FIEO, micro, MSMEs, proposed constituting new textile policy, set up technical textile cluster, Small and Medium enterprises, Tamil Nadu Government, textile promotion board

Federation of Indian Export Organization (FIEO) has proposed constituting new textile policy and textile promotion board to the Tamil Nadu government to accelerate growth of the textile industry comprising of over 90 percent Micro, Small and Medium Enterprises (MSMEs), informed K Unnikrishnan, Joint Deputy Director General of Federation of Indian Export Organization (FIEO).

Related Keywords: apparels, benefit from this, buy and sell their products through online exchange, committed e-commerce platform, GCCI, idea was perceived, MSMEs, MSMEs in clothing, needed for Micro, pre-budget consultations, Small and Medium enterprises, Textile, Vibrant Gujarat Global Summit

During the Vibrant Gujarat Global Summit and pre-budget consultations, the idea was perceived that a committed e-commerce platform was needed for Micro, small and medium enterprises (MSMEs) to buy and sell their products through online exchange, according to Mamata Verma, Industries Commissioner, Government of Gujarat.

Related Keywords: display products and showcase the activities of handlooms, exporter and manufacturer of handlooms, India Sourcing Fair, Indo Sri Lankan mutual trade growing streadily, ITPO, micro, multi product India show, Odisha a partner state, project strengths of Indian companies, Small and Medium enterprises, textiles and handicrafts

The India Trade Promotion Organisation (ITPO), a Public Sector Enterprise under the Ministry of Commerce will be organizing an exclusive multi product India Show, the India Sourcing Fair starting at Colombo (Sri Lanka) from December 8-12, 2015 as Indo- Sri Lankan mutual trade has been growing steadily.

Related Keywords: Cluster Development Programme, engineering and plastics, Indian Textile Accessories and Machinery Manufacturer’s Association, Kumaraguru College of Technology, Ministry of Micro, Small and Medium enterprises, testing and quality control facility

Shankar Vanavarayar, Joint Correspondent, Kumaraguru College of Technology (KCT) and President of Indian Textile Accessories and Machinery Manufacturer’s Association, (ITAMMA) Mumbai S Senthilkumar, signed a MoU this week.

It includes setting up a Common Facility Centre for Textile Engineering Industry at the campus.

Over the last three decades, several new programmes have been introduced and the institution has emerged as a trusted destination for quality technical education and as a hub for research and innovation.

Related Keywords: Abbas Khan Afridi, federal minister for textile, forthcoming textile policy, Pakistan textile sector, Small and Medium enterprises, SME sector, UNISAME

The small and Medium Enterprises (SME) textile sector is the majority sector and plays an important part in the economy of Pakistan. Hence the Union of Small and Medium Enterprises (UNISAME) has urged the federal minister for textiles and industries Abbas Khan Afridi to sharpen the forthcoming textile policy to facilitate the SME sector and address the issues of the majority sector conscientiously.