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Maha Policy, maha hopes!
March 2018
Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the new Maharashtra Textile Policy, which takes forward the ‘Make in Maharashtra’ concept to strengthen the cotton industry.
Great Expectations
December 2016
The 10th edition of India-ITME is opening on a note of high expectations! The Indian Government´s recent Rs.6,000-cr package & amended TUFS have rekindled exhibitor interest while high-tech wares promise to ignite buyer zest. A cross-section of the textile industry players shares their moods & opinions.
Gangwar inaugurates garment unit at PHWP
January 2016
The Palladam Hi-tech Weaving Park (PHWP), Palladam was the first park to be developed under the Scheme for Integrated Textile Parks (SITP) of Ministry of Textiles by availing 40 per cent grant from Central Government and 9 per cent grant from the State Government.
Indian textile industry: The next decade
October 2015
Textiles is India´s foremost manufacturing industry and has a significant impact on the economy since it contributes to industrial output, employment generation and the export earnings of the country. With contribution of about 14 per cent to the industrial production, 4 per cent to the GDP and 13 per cent to the country´s total export earnings, the industry provide direct employment to over 45 million people.
Indian textile industry: The next decade
October 2015
Textiles is India´s foremost manufacturing industry and has a significant impact on the economy since it contributes to industrial output, employment generation and the export earnings of the country. With contribution of about 14 per cent to the industrial production, 4 per cent to the GDP and 13 per cent to the country´s total export earnings, the industry provide direct employment to over 45 million people.
"Maharashtra has Rs 6,690-cr new projects in hand"
July 2015
In Maharashtra, after the declaration of State Textile Policy, a total of 769 projects with investment of Rs 6,690 crore have been established. The investment have come predominantly into the developed textile machinery of spinning and weaving sector.
PHWP bags best National Park award
May 2015
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
April 2015
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.
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