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Related Keywords: brings together all existing schemes, practical industry requirements, replacement of old looms, Smriti Irani, tailoring to meet, Tirupur textile industry, under Powertex scheme, Union Textiles Minister, with new rapier shuttleless looms

Union Textiles Minister Smriti Irani visited to Tirupur textile industry to accord thrust to replacement of old looms with new rapier shuttleless looms, under the Powertex scheme that brings together all existing schemes for the sector, while also tailoring them to meet the practical industry requirements.

The Minister took stock of the facilities at the Powerloom Service Centre at Surampatti in the city and held discussions on the implementation of central schemes the new Powertex scheme which would pave way for the manufacture of 'zero defect’ products in the textile sector.

Related Keywords: Cabinet Committee of Economic Affairs, cheaper price to farmers, consultation with the National seeds corporation, increase supply of certified jute seeds, increased jute per quinta, Jute Corporation of India, National Jute Board, production technology, Smriti Irani, this season, Union Textiles Minister

After the Cabinet Committee of Economic Affairs had increased MSP by Rs 300 to Rs 3,500 per quintal for 2017-18 season, the Union textiles minister Smriti Irani along with the Jute Corporation of India and the National Jute Board has asked to help increase the supply of certified jute seeds at a cheaper price to farmers in consultation with the National Seeds Corporation.

Irani gave these directions at a recent inter-department meeting which discussed concerns raised by the industry about the poor grade of raw jute, which was affecting the quality of finished bags.

Related Keywords: developing silk weaving units, Haryana, Haryana government, National Institute of Fashion Technology, NIFT, received a green signal, received investment proposals, set its foot in Panchkula, Smriti Zubin Irani, textile second largest employment sector, Union Textiles Minister

The National Institute of Fashion Technology(NIFT) finally received a green signal from Union Textiles Minister Smriti Zubin Irani to set its foot in Panchkula,Haryana. Describing textile as the second largest employment giving sector after agriculture, the minister said that the Haryana government had received investment proposals worth Rs 7 lakh crore from prospective investors.

Related Keywords: approved Amended Technology Upgradation Fund Scheme, DPR, eligible bench marked machinery, measures taken to provide relief to textile, one time capital subsidy, period of seven years, powerloom industry, powerloom units, promote digital payment, technology upgradation, Union Textiles Minister

The Union Textiles Minister informing about the measures taken by the government to provide relief to textile and powerloom industry said that the government has approved the "Amended Technology Upgradation Fund Scheme (A-TUFS)" for technology up-gradation of the textile industry with one time capital subsidy for eligible bench-marked machinery for a period of seven years from 2015-16 to 2021-22, in place of Revised Restructured Technology Upgradation Fund Scheme (RRTUFS).

Related Keywords: Annual Marketing Plan, Annual Mega Event, brand in international market, create common umbrella brand for Indian Textile, EPCs, global recognition, India Eve, Indian pavilion, Ministry of Textiles taken two major steps, promoting Indian textiles, road show, showcasing fibre to fashion products, Smriti Zubin Irani, Union Textiles Minister

A common umbrella brand will be created for Indian Textile, Union Textiles Minister, Smriti Zubin Irani said on Thursday in a written reply to a Lok Sabha question. She further said that the Ministry of Textiles (MoT) has taken two major steps in the direction of promoting Indian textiles as a brand in international market. One is Annual Marketing Plan and second one is Annual Mega Event "Textiles India"

Related Keywords: at thousand odd booths, bags manufactured by BJEL, joined hands in a green venture, launched eco friendly scheme, low cost jute bags, Mother Dairy, National Jute Board (NJB) and Birds Jute & Exports Ltd. (BJEL), provide attractive, supplied to Mother Dairy for distribution, Union Textiles Minister, venture is promoted by NJB

The residents of Delhi now have a choice and can restrict the use of plastic bags by using biodegradable jute bags as Mother Dairy, National Jute Board (NJB) and Birds Jute & Exports Ltd. (BJEL) have joined hands in a green venture to provide attractive, low-cost jute bags at the thousand-odd booths of Mother Dairy and Safal in Delhi-National Capital Region.

The venture is promoted by NJB and the bags are manufactured by BJEL and supplied to Mother Dairy for distribution at its booths.

Related Keywords: ALl India Handloom Board, government committed to develop and promote handloom sector, Indian Institute of Handloom Technology, launch of India Handloom Brand, loom upgradation, MUDRA Scheme, skill upgradation, Union Textiles Minister, various initiatives taken for development

Union Textiles Minister, Santosh Kumar Gangwar who is also the Chairman of All India Handloom Board speaking at the first meeting of the recently constituted All India Handloom Board was held in New Delhi, on 19th April said that the Government is committed to develop and promote handloom sector. He gave an overview of the various initiatives being taken by the Government for the development of the sector.

Related Keywords: aid imports of cotton, cotton bales, cotton corporation of India, cotton output, cotton prices, cotton procurement centres, equitable distribution of cotton, farmers from Telangana, MSP, Santosh Kumar Gangwar, Union Textiles Minister

There is an expected slump in cotton output by 5-10 lakh bales likely this year and an expected rise of cotton prices as some farmers from Telangana have demanded an MSP of Rs 5,000 per quintal.

Earlier, during his meeting with farmers, Union Textiles Minister Santosh Kumar Gangwar had said the minimum support price (MSP) for cotton has been fixed at Rs 3,936-4,100 per quintal, depending on the moisture content.

But his ministry is in constant touch with the Finance Ministry for revising the price upwards.

Related Keywords: Anil Rajvanshi, Chairman of SRTEPC, cheaper imported yarn, Chinese producers, dump polyeter fibres in India, filament yarn, high excise duty, Indian MMF industry, losing market share, rising ingress of foreign yarn, Santosh Gangwar, spun yarn, tough phase, Union Textiles Minister

Anil Rajvanshi, Chairman of Synthetic and Rayon Textiles Export Promotion Council had a meet with the Union Textiles Minister Santosh Kumar Gangwar over the rising ingress of foreign yarn. In a letter later submitted to the Ministry, Rajvanshi said that the Indian “manmade fibre industry is passing through a tough phase as the substantially high excise duty provides edge to Chinese producers to dump polyester fibres in India.”

According to him the domestically produced synthetic yarn is losing market share to cheaper imported yarn from China, Vietnam and Bangladesh.

Related Keywords: A Sakthivel, AEPC, Apparel Export Promotion Council, apparel export target, Apparel exports, K s Rao, textile export from india, Union Textiles Minister

Apparel exports have surged 26 per cent in the first seven months of 2013-14, touching Rs 49,200 crore. Speaking at an annual export award function Dr. Rao, Union Textiles Minister said, "The apparel sector has earned Rs. 49,200 crores foreign exchange in April-October, 2013, showing a growth of 26% over the same period during year 2012. Income in both the currencies i.e. INR and US$ are buoyant. In dollar terms, the growth is 15.5% (US$ 8.2 billion) during the same period"