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Related Keywords: boost sagging exports, Centre to announce new textile policy soon, displaying over three hundred thirty brands, inaugurated by Kavita Gupta, latest and advanced products and services, National Garment Fair in Mumbai, NGF organised by Clothing Manufacturers Association of India, Textile Commissioner

Inaugurating the 62nd National Garment Fair in Mumbai on Wednesday, Kavita Gupta, Textile Commissioner, said that the draft of the new textile policy is ready and the Centre would be announcing soon the final version which will boost sagging exports and encourage investments in the sector.

The Textile Ministry would give full support to the industry in time of distress, Gupta said. Textiles and clothing exports were at $41.4 billion in 2014-15 and $39.31 billion in 2013-14. The slowdown in China is seen as an opportunity and is looking at $40 billion of textiles exports this fiscal.

Related Keywords: affected by the move, Amended Technology Upgradation Fund Scheme, Cabinet Committee on Economic Affairs, committed liabilities under old scheme, completely rejects claims of textile mills, Finance Ministry, owner of a textile mill, so called black out period, subsidy against investment, Textile Commissioner, under TUFS

The Cabinet Committee on Economic Affairs (CCEA) decision to introduce the Amended Technology Upgradation Fund Scheme (ATUFS) and approved R12,671 crore for its “committed liabilities” under the old scheme completely rejects claims of textile mills that had sought subsidy against investments made under the Technology Upgradation Fund Scheme (TUFS) during the so-called black-out period, a senior official said.

Related Keywords: bring productivity levels, establish standards, global standards, Joint technological conference of textile research associations, Kavita Gupta, launched a portal for textile mills, reinstate higher share in global trade, South India Textile Research Association, Textile Commissioner, textile industry focus on reviving technology and skills

Textile Commissioner, Kavita Gupta speaking at the inauguration of joint technological conference of textile research associations said that textile industry need to focus on reviving technology and skills to bring the productivity levels of the industry at global standards and reinstate its higher share in the global trade.

She further said that the future of textile industry is going to be technical textiles. In the last five years, there had been 20 percent growth year-on-year in this segment. The sector should aim to be 40 percent of the country’s textile industry.

Related Keywords: facilities for research and development, funds for setting up incubation centres, joint technological conference of textile research associations, Kavita Gupta, plug and play facilities, standardising production, Technical Textiles, testing, Textile Commissioner, Union government allocated

Kavita Gupta, Textile Commissioner, at the inauguration of the joint technological conference of textile research associations on Wednesday said that the Union Government has allocated Rs.17.40 crore this financial year for setting up incubation centres for technical textiles.

Related Keywords: below minimum support price, better infrastructure, direct transfer of funds to cotton farmers project, experimental basis, Kavita Gupta, Ministry of Textiles, price of cotton drops, rolled out in Arvi taluk, Textile Commissioner, Wardha district of Maharashtra, working on procedural modalities

The Ministry of Textiles first stage of the project on direct transfer of funds to cotton farmers’ accounts will be rolled out in Arvi taluk, Wardha district of Maharashtra, on an experimental basis, if the price of cotton drops below the Minimum Support Price (MSP), said Textile Commissioner, Kavita Gupta.

The taluk was identified for the project as land documents are digitised and the Agriculture Produce Market Committee has better infrastructure. They are evolving a mechanism to make the payment directly to the farmers. They are still working on procedural modalities, she said.

Related Keywords: create data based for different segments, demand to reduce hank yarn obligation, diversify market to increase export, improve competition, Kavita Gupta, plan to take up sturdy of hank yarn demand, Textile Commissioner, Textile Industry, TUFS to be modified

With the textile industry’s strong demand to reduce hank yarn obligation, the Textile Commissioner, Kavita Gupta plans to take up a study of the actual hank yarn requirement in the country. She said that they are also trying to create a data base for different segments of the textile industry.

Regarding the Technology Upgradation Fund Scheme (TUFS), Ms. Gupta said that there was a proposal to modify the scheme and the review was under progress.

Related Keywords: Kiran Soni Gupta, non-wovens industry, Technical textile, Techtextil India exhibition, Textile Commissioner, textile exhibition

Textile commissioner Mrs Kiran Soni Gupta inaugurated the three-day Techtextil India exhibition for the technical textiles and non-woven industry in Mumbai today.

Related Keywords: Kiran Soni Gupta, Reliance Polymers, Techtextil India, Textile Commissioner, textile exhibition in india, the Indian Technical Textile Association

Techtextil India, India’s largest exhibition for technical textiles and nonwovens, will be underway next week, from 24 - 26 September 2015. It is confirmed that the exhibition will be inaugurated by Mrs. Kiran Soni Gupta, IAS-Textile Commissioner, Ministry of Textiles, Government of India. Guest of Honor Mr. Michael Siebert Consul General of the Federal Republic of Germany in Mumbai will also be present at the inauguration.

Related Keywords: balanced growth, bring transparency to scheme, clothing sector, different segments of textile, Kiran Soni Gupta, Southern India Mills Association, Stakeholder to review scheme, streamline procedure, submit suggestions, Textile Commissioner, Textile mills, TUFS

At a meeting organized on the TUFS by the Southern India Mills’ Association in Coimbatore on Monday, Textile Commissioner Kiran Soni Gupta said that the Ministry was looking at balanced growth of different segments of the textile and clothing sector and if there were modifications that were needed in the Technology Upgradation Fund Scheme (TUFS), the stakeholders should review the scheme and submit their suggestions. These could be taken up at the end of the XII Plan period.

Related Keywords: Centre of Excellence for Technical Textiles, expand pan India, IN-Situ upgradation sheme, Kiran Sonai Gupta, plain powerloom, Somanur cluster, South India Textile Research Association, subsidy to uprade each powerloom, Technical Textiles, Textile Commissioner

According to a press release from The Regional Office of the Textile Commissioner, Kiran Soni Gupta, the In-Situ Upgradation Scheme for Plain Power Looms was launched in Somanur cluster and so far, 107 units (totally 800 power looms) had benefited and obtained Rs. 87.28 lakh subsidy under the scheme. The units get Rs. 15,000 maximum subsidy to upgrade each power loom.

They have requested that the scheme should be expanded pan India and should be available to all power loom units, irrespective of the number of looms.