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Related Keywords: ATUFS, Centre of Excellence for Industrial Textiles, domestic growth, focus incubation facilities, home textile, investment in technical textils, plug and play facilities, production lines for wet wipes and coir mats, projected to grow 20 percent, sixteen percent subsidy, technical textile industry, Union Minister of state for textile

Under the Amended Technology Upgradation Fund Scheme, 16 percent subsidy for investment in technical textile has been announced by the government as the technical textiles industry is projected to grow at 20 percent year-on-year and the segment’s potential is largely untapped in the country, said Union Minister of State for Textiles Santosh Kumar Gangwar on Thursday.

The Centre of Excellence for Industrial Textiles/Home Textiles at PSG College of Technology would have plug-and-play facilities (focus incubation centre) for potential entrepreneurs in technical textiles, Gangwar said.

Related Keywords: efficiency and better price, greater transparency, higher stock up-take, Kerala Lakshmi Mills and Rajnagar mill, launched first e auction yarn of NTC, reduced inventory and improved cash flow, Santosh Kumar Gangwar, selceted for selling its produce, three mills of NTC, Union Minister of state for textile, Vijamohini Mill

The Union Minister of State for Textiles (I/C), Shri Santosh Kumar Gangwar, in his chamber in the Ministry of Textiles on Thursday launched the first e-auction yarn of National Textile Corporation (NTC) as part of its effort for greater transparency, efficiency and better price. Initially, three mills of NTC, namely, Vijamohini Mill, Kerala Lakshmi Mill and Rajnagar mill have been selected for selling of its produce through e-auction. NSEiT, a National Stock Exchange subsidiary that has been conducting e-auctions for various PSUs, has been roped in to conduct the e-auction of yarn.

Related Keywords: increase market share, Indian textile industry, Integrated Skill development Scheme, national workshop, need six crore skilled people, Santosh Gangwar, scaleup production, training programmes linked with microfinance, Union Minister of state for textile

Union Minister of State for Textile, Santosh Gangwar addressing a national workshop on Integrated Skill Development Scheme in New Delhi on Thursday said the Indian textile industry needs a total of six crore skilled people by 2022.

Gangwar, underscoring the importance of skill development said that the new government under the leadership of Hon’ble Prime Minister Narendra Modi has brought change in mind set. The Ministry of Skill Development and Entrepreneurship is a step in this direction.

Related Keywords: boost investment, cotton cultivated, create jobs, Mysore famous for silk products, Mysore MP Prathap Simha, proposed to set up in Mysore, Santosh Kumar Gangwar, Sri Krishnarajendra Textile Mills, Textile cluster, textile mega cluster project, Union Minister of state for textile

The cluster for textiles proposed to be set up in Mysore to turn into reality as the land has been identified for the proposed cluster at Srirampura, on the outskirts of the city which falls within the Mysore Parliamentary constituency and with the Union minister of state for textiles Santosh Kumar Gangwar inspecting the proposed site to set up the cluster early next week.

Centre has released Rs 28 crore for the textile mega cluster project in Mysore which is expected to boost investment in the region and create jobs.

Related Keywords: apparel production sector, Brazil, diversify exports from US, EU market, Free trade agreement, Gangwa, import apparel, MERCOSUR union, Russia, Tamil Nadu textil entrepreneur, Texpreneurs Forum, Transpacific Trade Pact, Union Minister of state for textile

A delegation of Tamil Nadu based textile entrepreneurs, led by Prabhu Damodaran, secretary of Texpreneurs Forum during their meeting with the Union Minister of State for Textiles S.K. Gangwar on Wednesday expressed the need to diversify the exports from United States and European Union market to sustain competitive in the apparel production sector.

The delegation also drew attention on the need for policy alterations to help expand exports of textile products to emerging market.

Related Keywords: handloom and handicraft, lack of fund, MGNREGA, Santosh Gangwar, take shape, textile mega-cluster, Textile Park, Union Minister of state for textile, UP weavers and artisans, various schemes

The Uttar Pradesh weavers and artisans to see good days as various schemes will start taking shape soon, said Union minister of state for textiles (independent charge) Santosh Kumar Gangwar here on Friday. There will be no lack or shortage of funds for handloom and handicrafts as the Central government is committed to uplift the living standard of handloom weavers and artisans.

Gangwar is also in talks with UP chief minister Akhilesh Yadav to develop the cultural complex as a centre of excellence and bring other projects like Textile Park to improve the sector.