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TAI to organise meet on ´Make in India´
The abolition of quota system in 2005 witnessed the new emerging markets in Asia and China for textile manufacturing and sourcing by the developed countries in the West. China surged ahead of all Asian countries and cornered maximum market share.
Telangana mills send SOS to Gangwar
The Telangana Spinning & Textile Mills Association (TSTMA) has sent an SOS to the Central government asking for help to ensure that healthy mills do not face closure due to adverse external factors.
New textile policy very soon
Union Minister of State for Textiles Santosh Gangwar said the national textile policy will be finalised soon and it is likely to be ready by the month of April. Speaking to Indian Textile Journal, Gangwar said, ´The national textile policy will be finalised soon. May be at the end of April.
New textile policy soon: Gangwar
Union Minister of State for Textiles Santosh Gangwar said the national textile policy will be finalized soon and it is likely to be ready by the month of April. Speaking to Indian Textile Journal, Gangwar said, “The national textile policy will be finalised soon. May be at the end of April.”
Textile industry demands ignored
The Indian textile industry, employing over 105 million people, has been pleading for several urgent measures relating to Technology Upgradation Fund (TUF) scheme, levies on man-made fibre duties, enhanced incentives under Focus Market Scheme to compensate partially, the disadvantages in the tariff rates for Indian textile products prevailing in various countries till the FTAs are finalised.
Textile park coming up at Yadgir
The Karnataka Government has earmarked 1,000 acres for the upcoming textiles park at Yadgir in north Karnataka. The Government intends to also develop an integrated park at Yadgir. The Karnataka Government is also planning to develop smaller textile parks at various places such as Vijayapura, Ballari and Chamarajanagar districts.
Powerloom Economics: Trader VS Weaver
The textile industry in India is one of the few industries which has the potential to emerge as a true global player. A well-devised action plan coupled with effective delivery mechanism can see India as emerging as a winner in the quota free market.
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