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TexMin increases yarn banks’ corpus fund
April 2017
Powerloom weavers in Pandesara and Ved Road industrial areas of Surat, Gujarat will be able to procure yarn-raw material for the polyester fabric at concessional rates with the Ministry of Textiles increasing the corpus fund for India’s first yarn banks in the city from Rs 1 crore to Rs 2 crore.
Allow small powerloom units to withdraw more money: FIASWI AGM
February 2017
The 39th Annual General Meeting of the Federation of Indian Art Silk Weaving Industry (FIASWI) was held in Mumbai on the December 14, 2016. Arunchandra N Jariwala has been declared as Chairman, EMERITUS. Bharatbhai T Gandhi, Director, Bell Textiles Pvt Ltd, Surat, was elected as Chairman of FIASWI for 2016-17.
SIMA demands level-playing field for crisis-hit textile industry
September 2015
The predominantly cotton-based textile industry has become highly competent in terms of operational efficiency with the state-of-the-art technology, skilled manpower, high productivity, high quality, etc.
Fabrics import from China destroying India's powerloom industry
August 2015
Despite having production capacity, India lost production opportunity of 5,00,000 tonne in volume and Rs 5,000 crore in value.
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