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New textile policy expects to pull Rs 30,000cr investment through 74 textile parks
With government planning to announce a new textile policy by April this year with main focus on manufacturing of value added products and export oriented goods that will benefit the economy. The
Government in the process to announce a new textiles policy by April 2016.
Textiles Minister Santosh Kumar Gangwar said that New National Textile Policy is close to finalization and to be issued before the end of April, 2016 during the budget session of the Lok Sabha. The
Indian denim industry likely to touch 1.5 billion meters capacity by 2020
The Indian denim industry has been one of the fastest growing apparel fabric segments and is looking to gradually increase its share of exports from its current 35% to 65% as there is a gap of 300
Indorama inaugurates its ninth Textile Plant in West Java, Indonesia
Indorama Synthetics, Indonesia’s biggest producer of textile raw materials, inaugurated its $40 million spinning mill facility in Purwakarta, West Java which is situated on a 50 hectare plot
Bangladesh’s legendary textile Muslin needs support for revival
Muslin, Bangladesh’s legendary fabric need government support as well as private initiative for revival of the marvellous material and to promote the legendary textile and protect the
Special focus given to technical textiles under amended TUFS
Minister of State for Textiles (Independent Charge), Santosh Kumar Gangwar speaking at the curtain raiser event of Technotex 2016, held in New Delhi on Friday, said that a special focus has been
Textile industry urge GST on factory price not MRP of textiles
The Indian textile industry has recommended the government to levy goods and services tax (GST) on ex-factory price, which is always much lower than the maximum retail price (MRP) as it would leave
Union Minister to release plan to revitalize textile industry soon
Union Minister of State for Textiles Santosh Kumar Gangwar during his meeting with exporters organized by Tirupur Exporters Association (TEA) on Saturday said that for revitalizing the Indian textile
AEPC urge textile ministry to simplify new FTP rules
The Apparel Export Promotion Council (AEPC) has urged the textiles ministry to simplify the new foreign trade policy’s authorization, inspection and classification norms. Among their requests
Incubation facility a new venture in medical textile sector
South India Textile Research Association (SITRA), a centre of excellence for medical textiles in Coimbatore to support new ventures in medical textiles will commission an incubation facility in
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