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Search Results for: boost investment textile sector

New ATUFS to benefit textile industry
The Cabinet Committee on Economic Affairs on Wednesday gave nod to the introduction of “Amended Technology Upgradation Fund Scheme (ATUFS)” which will replace the existing Revised
Textile Ministry recommends corrective measures to boost textile exports
In the last few months, India’s textile and apparel exports growth have slowed down on account of various internal and external factors (textile and garment exports rose 0.6% to almost $18
State govt identify 10 districts for textile parks on availability of cotton
Maharashtra state government has identified ten viable districts on the basis of cotton availability for the textile parks of which the state government has approved nine new textile parks throughout
GST to boost textile exports to a great extent
The Goods and Services Tax (GST) is seen as key to facilitating industrial growth and improving business climate in the country. A constitutional amendment measure, the GST Bill needs to be passed
Maharashtra textile policy fails to meet its target halfway mark
The midterm assessment of Maharashtra Textile Policy 2011-17 launched during the previous Congress-NCP regime revealed a grim situation both on revenue and employment fronts. The policy had
China to focus on Africa’s key economic sectors of textile
The new phase of the China-Africa cooperation will now focus more closely on getting Chinese investors to provide financial support and investments across all African regions. They will focus on
Nigerian textile industry likely to play major role to diversify economy
The Nigerian new administration favours the revival of the country's textile and footwear industry as it would play a significantly major role to diversify the economy. Not only could it result in
Vietnam garment, textile exports to see growth over next 5 years
Vietnam has been among the top ten garment and textile exporters in the world for the last 10 years. Last year, it ranked fifth after China, Turkey, Bangladesh and India. According to the Vietnam
Mega textile cluster near Hootagalli to take shape
The textile cluster move, which was mooted in the Union Budget 2014-15, was announced by Pratap Simha, Mysuru MP, at the National Vendors’ Meet which began in the city on Saturday. The project
Vingroup adds Maximark chain to increase presence in retail sector
Vingroup, which has its own retail brand VinMart, has acquired a 100 percent stake to become the new owner of Maximark, the Hanoi-based firm. The acquisition includes nine Maximark outlets and other
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