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2019-10-15 13:00:00
Immediate release of refunds may help?
The textile industry has sought immediate release of refunds under various government schemes to ease the liquidity crunch faced by manufacturers and exporters. In a joint memorandum presented by
2018-07-13 10:19:00
SIMA gives importance to price stabilisation fund
The price volatility often eroded the working capital and profit margins of the industry, restricting the industry growth rate between 6 and 8 per cent againsr the potential growth rate of 12 to 16
2018-01-23 10:00:00
Textile and garments industry eye more incentives
The Apparel Export Promotion Council has sought a number of interventions from the government, which include more incentives, continuation of the duty-free import of speciality fabric up to 1 percent
2017-12-15 12:00:00
Cotton yarn exports sees biggest fall both in volume and value to China
Exports of cotton yarn to China saw the biggest fall in both volume and value terms as China, the largest importer of yarn reducing its purchases. As per the data with the Union Commerce Ministy,
2017-08-21 10:00:00
Several initiatives pitched to revive textile sector in J&K
The Industries and Commerce Department to revive and boost the textile sector in the State has pitched several initiatives and investment. One of the important project being undertaken is the
2017-07-28 10:00:00
Centre examining alternative scheme to wean off direct textile export sops
With the World Trade Organisation (WTO) coming up with a deadline for abolishing export sops beyond next year for Indian textile and clothing exporters. The Indian Commerce and Textile Ministries
2016-07-29 12:00:00
Textiles industry seeks measures to keep cotton prices stable
The textile industry of Southern India in the last two months due to rise in cotton prices is having an impact on the competitiveness of the entire textile value chain. They have appealed to the
2016-05-17 15:00:00
Scale up in concessional loans for handloom weavers
The Textile Ministry has decided to rope in large public sector banks such as the United Bank, UCO Bank, Canara Bank, Bank of India and PNB to partner under the Pradhan Mantri Mudra Yojana scheme to
2016-05-12 17:00:00
PHWP plans investing over Rs30cr to expand operations
Palladam Hi-Tech Weaving Park is the first integrated textile park established for the first time in India which functions on the model of a Public-Private partnership managed by user entrepreneurs
2016-04-20 11:00:00
Govt chalks out new strategies to develop, promote handloom sector
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
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