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Overwhelming response for Texfair 2016
Texfair exhibition in Coimbatore, organised once every two years, is a unique event organised by the user industry association for the mutual benefit of the manufacturers/suppliers of textile machinery, spares, accessories, equipment, etc.
MMF: Daring to fly higher!
For the man-made fibre industry (MMF) in India, its disgruntlement is turning into unceasing aggression. The reasons are many: China exports 65 per cent of manmade textiles out of its exports of $650 billion while India´s share of manmade textiles is hardly 20 per cent out of its exports of $40 billion.
SIMA & TSC organise PMKVY workshops
The National Skill Development Corporation (NSDC) has announced Pradhan Mantri Kaushal Vikas Yojana Scheme (PMKVY) to facilitate the unemployed youth to get trained, certified and placed in various manufacturing sectors and gives financial assistance ranging from Rs 6,000 to Rs 12,000 depending upon the skill level and also Rs 2,500 for the existing employees to undergo recognition of prior learning training and get certificates.
PHWP bags best National Park award
The Ministry of Textiles (MoT) has launched Scheme for Integrated Textile Parks (SITP) in the year 2005 to provide the industry with state-of-the-art world-class infrastructure facilities for setting up of the textile units. The scheme provides 40 per cent of the project cost subject to a ceiling of Rs 40 crore for establishing the park. About 70 textile parks have been benefited out the scheme.
PHWP bags best National Park Award
The Ministry of Textiles (MoT) had launched a scheme for Integrated Textile Parks (SITP) in 2005 to provide the industry with state-of-the-art world-class infrastructure facilities for setting up of the textile units.
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.
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