News Tags

Related Keywords: 22 looms in Varanasi, Banarasi saree, changing fashion choice, fashion industry, FDCI, government, market Banarasi fabric, opulent Banarasi brocade, Textile Ministry, Varanasi weavers, youth consumer

The quintessential Banarasi saree is set for a makeover to fall in line with the changing fashion choices of today’s youth consumer. The opulent Banarasi brocade, which boasts of intricate gold and silver work on fine silk with embroidery, has caught the attention of the government and the fashion industry.

Fashion industry and govt are set to redefine the brocade, it will be seen in new designs, fabric construction and application in not just traditional wear but also Western clothing like trousers and jackets.

Related Keywords: APTMA, Global Textile Market Outlook, joint declaration, labour laws and implementation, Pakistan textil summit, PM Nawaz Sharif, PTEA, sustainability of Textile Sector, textile industry in Pakistan, Textile Ministry, textile sector

The first Pakistan Textile Summit that is jointly organized by the textile ministry, All Pakistan Textile Mills Association (Aptma) and Pakistan Textile Exporters Association (PTEA) is scheduled to be held at a local hotel on November 27 (Tomorrow).

The summit will have detailed discussions on the challenges being faced by the textile sector. There will be three sessions -- Textile Industry in Pakistan, Global Textile Market Outlook and Sustainability of Textile Sector.

Related Keywords: export market, Indian Textiles Industry, MMS, modernization of processing, new textile policy, restructuring, Shuttle-less loom, spinning, Technology Upgradation Fund Scheme, Textile Ministry, TUFS, weaving

Technology Upgradation Fund Scheme (TUFS) which was introduced in 1999 to catalyze investments in all the sub sectors of textiles industry by way of interest reimbursement. The scheme mainly focuses on modernization of processing, spinning, and weaving, garmenting and technical textiles segments, where there is good scope for massive employment generation and value-addition.

The textile ministry is now mulling over a proposal to restructure the textile upgrade fund (TUF) for making it broad based to include many more areas and make better benefits under the new textile policy proposed.

Related Keywords: foundation stone, Ladakh Autonomous Hill Development Council, Ladakh region, Leh, machineries, outmoded Chinese dehairing machine, Pashmina Dehairing plant, Pashmina goats, Pashmina Promotion programme, pashmina wool, Textile Ministry

The Minister of State for Textiles (Independent Charge), Santosh Kumar Gangwar on Wednesday, laid the foundation stone of Pashmina Dehairing Plant at Pashmina Dehairing Plant Complex, Skalzangling, Leh and also launched the Pashmina Promotion Programme (P-3) an effort toward increasing Pashmina wool production.

As Ladakh region produces the finest Pashmina wool (specialty fiber) in the world that has high demand globally. Ladakh region grow about 45 Ton of Pashmina wool every year having population of about 2.50 lakh Pashmina goats in Ladakh region.

Related Keywords: annual conference, Indian textile sector, labour reform, Make in India brand, proposed new textile policy, Santosh Gangwar, Technology Upgradation Fund, Textile Ministry, Textile Park

Minister of State (Independent Charge) for Textiles Santosh Gangwar will discuss the provisions of the proposed New Textile Policy with States who will give their views on the proposals of a draft report on the New Textile Policy prepared by an expert committee which has already been circulated to them at the annual conference of State textiles ministers today.

Getting State Governments’ views on labour reforms is important as a number of important changes have been proposed in the textiles sector, said a Government official.

Related Keywords: announce national textile policy, draft textile policy, fine tune, garment sector, Mahatma Gandhi National Rural Employment Guarantee Scheme, Santosh Kumar Gangwar, Textile ministers of all states, Textile Ministry, Textile Park, Tirupur Exporters Association, Union government

A meeting of textile ministers of all states would be convened in September end to fine tune the draft textile policy, so that the Union government can soon come out with a national textile policy, Minister of State for Textiles Santosh Kumar Gangwar said at the inauguration of the silver jubilee celebrations of Tirupur Exporters’ Association (TEA) in Tirupur.

A textile venture capital fund would be set up with an initial capital of Rs. 35 crore, which would be scaled up further, the MoS said.

Related Keywords: Chairman Tadashi Yanai, FDI, India investment plan, International bilateral trip, Japan, multi-billion dollar, Prime Minister Narendra Modi, retailer's investment plan, single-brand retail stores, Textile Ministry, Uniqlo

Prime Minister Narendra Modi during his international bilateral trip to Japan starting Saturday is expected to meet Uniqlo Chairman Tadashi Yanai to carry forward their discussion on the retailer's multi-billion dollar India investment plan. The prime minister's office has been in touch with the textiles ministry for details about the company's India plans.

Related Keywords: FDI in textile, Indian textile sector, ISDS, market development, powerloom, SITP, techinical textile, textile export, Textile Ministry, TUFS

Resurgence has been witnessed in the Indian textile sector with the introduction of Foreign Direct Investment (FDI). Maximum utilization of FDI has been ensured by the textile minster and his ministry. The government is providing grants under market access initiative and market development assistance scheme for this purpose.

Related Keywords: bank, fix sub target, handloom sector, handloom weaver, lending, Textile Ministry, weavers' credit cards

The Textiles Ministry, Santosh Gangwar to urge its Finance counterpart to fix a sub-target for the handloom sector under priority sector lending as banks not keen to sanction loans for the handloom sector.

Ministry of Textiles has been regularly pursuing the matter with Ministry of Finance and banks to extend loans to handloom weavers and their organisation as a regular agenda of state-level bankers' committee.

Related Keywords: chinese fabric import, Commerce Ministry, local textile producer, MNREGA, Textile Ministry, Weavers

Government to look at ways to check flow of imported Chinese fabric into India as it wants to encourage local textile producers. The Textile Ministry has put forward the issue of increasing Chinese textiles import with the Commerce Ministry with an urge to stop this, said Textiles Minister Santosh Gangwar.
 
Responding to supplementaries, he said that to protect the interests of weavers; government is toying with the idea of linking them with MNREGA which provides 100 days of guaranteed work to people in rural areas.