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Related Keywords: aim to achieve textile exports, create additional jobs, domestic and international front, expert committe, investment in textile sector, New national textiles policy, road map, Santosh Gangwar, skilled work force, Textile Minister, Textile parks

India’s new national textiles policy is being finalized which aims to achieve USD 300 billion textiles exports by 2024-25 and envisages creation of additional 35 million jobs.

The Textiles Ministry has set up an expert committee headed by Ajay Shankar, member secretary, national manufacturing competitiveness council for review and revamp the textile policy 2000.

Related Keywords: Cotton Advisory Board, cotton corporation of India, cotton export, cotton growing states, Cotton production estimate, due to unseasonal rains, hail storms, MSP, revised for current marketing year, Santosh Gangwar, Textile Minister, TUFS

The government has revised its cotton production estimate for the current marketing year due to unseasonal rains and hail storms across the county from 40 million bales to 39 million bales. Cotton crop prospects adversely impacted particularly in the central zone, textile minister Santosh Kumar Gangwar said in a written reply to the Lok Sabha. One bale equals 170 kg.

The main cotton growing states include Rajasthan, Telengana, Andhra Pradesh, and Tamil Nadu. Total demand is estimated to be at 39 million bales in 2014-15, compared to 41.68 million bales in the previous season.

Related Keywords: develop cooperation in textile sector, facilitate bilateral trade and investment, fashion, Government of Kyrgyztan, MoU with India, Santosh Kumar Gangwar, set up joint working group, silk and sericulture, textile exports, Textile Minister, textiles and clothing

The government of Kyrgyzstan has signed a memorandum of understanding (MoU) to develop cooperation in the textile sector with India. The MoU was signed by India's Textiles Minister Santosh Kumar Gangwar and the visiting Kyrgyzstan's Minister of Energy and Industry Kubanychbek Turdubaev in New Delhi.

The two countries have also agreed to set up a Joint Working Group to explore details of cooperation within the scope of the MoU and the steps required to facilitate bilateral trade and investment.

Related Keywords: cotton price, cotton textile industry, cotton working capital, cut in excise and import duties, higher fund allocation, market of man made textile products, Santoch Gangwar, SIMA, Textile Industry, Textile Minister, TUF

Textile industry are seeking reduction in excise and import duties while pitching for higher fund allocation as it will enable Indian textile industry to achieve a substantial growth rate in the market of man-made textile products as this segment has not achieved any growth rate over a period. In this regard, South Indian Mills Association (SIMA) representatives met Textile Minister Santosh Gangwar.

Related Keywords: Chandrakant Patil, Consortium of Green Fashion, create eco friendly textile, Fashion designing students, Green Fashion, Maharashtra government, Nirmala Niketan College of Home Science, School of Fashion Technology, special textile park, Textile Minister

Consortium of Green Fashion, a unique programme was organised jointly by School of Fashion Technology and Nirmala Niketan College of Home Science on 9th February at Birla Auditorium, Churchgate, Mumbai. Chandrakant (Dada) Patil, Textile Minister, speaking at an industry event, announced that Maharashtra government is planning to set up a special textile park to create eco-friendly textile and lend special assistance for establishing such industries.

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.

Related Keywords: apparel export, duty free entitlement, global trade, handloom sector, Indian textile industry, integrated textile parks, largest contributing sector, lion share, organized and unorganized sector, RMG, Textile Minister, total export basket

The Indian textile industry plays an important role of the largest contributing sectors in the country’s exports by contributing nearly 13.25% to the country’s total exports basket with exports to the tune of $41.57 billion (about Rs. 2,65,100 crore) in FY2013-14.

Of which the Ready Made Garments (RMG) contributes to a lion’s share of global trade with a chunk of 55% in the total exports. India is ranked sixth with exports to the tune of $16 billion, which is around 40% of the country’s textiles exports.

Related Keywords: build more cluster, cotton farmers, debate in Lok Sabha, new textile policy, Santosh Kumar Gangwar, Textile Minister, Textile undertakings Laws Bill 2014

Textile Minister Santosh Kumar Gangwar on Monday replying to a debate in the Lok Sabha on the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014, said that government was keen to take the country forward in textile sector.

The government will bring in a new textile policy by next month and seek to build more clusters in the country,

In his reply to the debate, Gangwar thanked the members for their interest in the issue and wide participation in the debate and said the government was moving forward with slogan of "development for all".

Related Keywords: debate on textile undertaking law, free ailing NTC, Indian government, Lok sabha passed bill, NTC, revival scheme, Santosh Gangwar, sick textile mills, speed up revival, Textile Minister

Government is working out plans to speed up revival of sick textile mills, including the National Textile Corporation (NTC), a move that will generate more employment. This assertion came from Textiles Minister Santosh Gangwar during his reply to a debate on the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014 in the Lok Sabha.

Related Keywords: Ahir, ajrak, Batik and Block printed textiles, CCIC, hand woven embroidered shawls, handicraft, handicraft mega cluster, handloom, Kuttch Mahotsav, Mirror Work, Patchwork and other Embroidered products, Rabari, Santosh Gangwar, Soof, textile mega-clusters, Textile Minister, Tie & Dye

The Kuttch Mahotsav, organised by the Central Cottage Industries Corporation of India Ltd (CCIC), is the first step towards promoting crafts from the region. Textiles Minister Santosh Gangwar today inaugurated "Kuttch Mahotsav", a theme-based festival entailing exhibition-cum-sale of handicrafts from the region.

In an endeavor to promote handicrafts and handlooms, the government had announced setting up of a handicraft mega cluster in Kuttch, which will focus on hand-crafted items and craft-based textiles.