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Related Keywords: already in disadvantageous position, another Rs four per kg, considerable impact on transport cost, hike in VAT, other states enjoy huge incentives, procure raw material from upcountry markets, sell yarn in those markets, spinning sector spends around Rs. six per kg, textile clusters, Textile Industry, textile industry in the Tamil Nadu state

The textile industry in the Tamil Nadu state that is already in a disadvantageous position as the spinning sector spends around Rs. 6 per kg to procure the raw material from upcountry markets, and another Rs. 4 per kg to sell the yarn in those markets, while other states enjoy huge incentives.

Related Keywords: design studio, finance minister Arun Jaitley, incubation centre, infrastructure facilities, knitwear exports, knitwear sector, pre-budget memorandum, Research and Development Centre, Silk Board or Coir Board, skilled labour, TEA, Technical textile, textile business, textile clusters, Tirupur Exporters Association

Tirupur Exporters' Association (TEA) In its pre-budget memorandum submitted to the Finance Minister Arun Jaitley, has urged the Centre to provide adequate infrastructure facilities such as world class design studio, Research and Development Centre and incubation centre for technical textile that will empower successful textile clusters.

These infrastructure facilities will facilitate rapid growth of not only the existing textile business, but also enable its foray into the niche segments creating quantum growth opportunities to the industry

Related Keywords: Benarsi saree, Flipkart, Indian fashion designers, textile clusters, Textile Ministry, Textiles Minister Santosh Gangwar

India’s ace fashion designers in a meet with, Union textile minister, Santosh Gangwar are willing to lend their whole-hearted support to the government in setting-up robust design centres in the cluster area, and getting local artisans on board to deliver the product as per the designs.

The meet was focused on the need to give a boost to various textile clusters spread out across India. The designers are ready to extend their helping hand to traditional Indian textiles and handicrafts.

Related Keywords: budgetary allocation for textile, handloom sector, import duty on ethylene, import duty on propylene, readymade garment, Technology Upgradation Fund Scheme, Textile budget, textile clusters, Textile Minister, TUFS, Union budget 2014-15

The Narendra Modi government, which has sought 60 months from the Indian electorate to bring good days, in its first budget exuded its intent to kick start the investment cycle to nurse India's ailing economy back to good health. Coming amid high expectations from the textile and garment industry, the Finance Minister Arun Jaitley, in his maiden Union Budget 2014-15, charmed the industry participants with an array of encouraging proposals.

Related Keywords: Hastkala Academy, Indian textile industry, pashmina production programme, textile clusters, Union budget 2014-15

Finance Minister Arun Jaitley while presenting the Union Budget 2014-15 on Thursday said that the government would be setting up six more textile clusters to develop and preserve textiles in India.

The six textile clusters would be coming up in Rae Bareli, Lucknow, Surat, Kutch, Bhagalpur and in Tamil Nadu. For this purpose, the government has allocated Rs200 crore, Jaitley said while presenting the budget for 2014-15.