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Maharashtra’s dying textile sector to see revival
A delegation of big textile industrialists met Chief Minister Devendra Fadnavis on Wednesday, sought subsidies in power tariff on high-intensity operating machinery in their powerlooms. In the state,
AP govt announces loan waiver scheme to handloom and powerloom sector
Andhra Pradesh government has announced debt waiver scheme to handloom and powerloom sector. Under this scheme loans worth Rs.110.96 crore will be waived. It was one of the election promises made by
Mohonto Panging ex-IAF pilot vying to triumph over textile market in Arunachal
Group Captain (Retd) Mohonto Panging after retiring from his service as a fighter pilot in 2014 has set up his powerloom unit on June 22 this year with a total investment of over Rs50 lakh and
Pakistan textile export declining at an alarming level
Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) Chief Coordinator Ijaz A Khokhar urged the prime minister to intervene and frame a policy for a reduction in input costs,
Rajasthan not just a textile hub but next destination for investors
Rajasthan has not just emerged as a textile hub over the last few decades which provides direct and indirect jobs to nearly seven lakh people and contributes 17percent to the state’s exports
Punjab spinning industry pushed in crisis due to difference in VAT rate
Spinning mill owners of Ludhiana demand level playing field with their counterparts in other states as the spinning industry of Punjab is dying and already in huge debts, units are closing down owing
Interest equalisation scheme to help textile sector and boost exports
Cabinet Committee on Economic Affairs has given approval for interest equalisation scheme (earlier called Interest Subvention Scheme) on pre and post shipment rupee export credit with effect from
Powerloom urged to desist from producing notified handloom items
The district administration of Tamil Nadu to support the livelihood of the handloom weaver has urged power loom owners to abstain from producing notified items in the reserved list or face
Indo Rama confident to register profits next quarter
Indo Rama Synthetics Limited (IRSL), known as India's largest polyester manufacturer, which has a plant at Butibori industrial estate, the first investment in that area and employs a workforce of
Pakistan govt accepts 3 demands of textile industry to boost production
The Pakistan government has accepted three out of the eight demands of the textile industry to help boost production and exports at reduced prices. But the Pakistan’s textile industry
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