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Telangana blueprint for textile industry
The Telangana State Government will frame a new policy aimed at development of the textile industry in the State.While the state produces around 60 lakh bales of cotton annually, only about 10 lakh bales are consumed within the State. The new textile policy will aim to increase cotton consumption within the state.
NHDC kick-starts major initiative in Mumbai
The National Handloom Development Corporation Ltd (NHDC) has kick-started one of its major initiatives ‘Silk Fab’ to connect consumers and weavers at one platform from Mumbai recently. Ujjwal Uke, IAS, Principal Secretary (Textile), Government of Maharashtra has inaugurated ’Silk Fab’ at World Trade Centre, Cuffe Parade, Mumbai. Around 100 agencies belonging to 14 states will be participating in this initiative.
Ethnic Dukaan.com has 95% in-stock products
Ethnic Dukaan.com is one of the few e-sellers in the country with an in-house setup of designers and artisans, combined with products sourced directly from weavers and manufacturers across. It is the online portal of Aashirvad Sarees, which has been dealing in Indian women´s wear for the past three decades.
Mumbai is the 1st home of India Handloom products
Dayanand Shetty, Actor, in presence of RM Parmar, Dy Director, Weavers Service Centre, inaugurated the first home of India Handloom branded products at Central Cottage Industries Corporation of India Limited (CCIC), DN Road, Fort, Mumbai. The first “India Handloom Brand” showroom was launched in Delhi in March 2016.
Ups & downs in 2015
Global growth is forecast at 3.5 per cent in 2015 and 3.8 percent in 2016, with uneven prospects across the main countries and regions. Growth in emerging market economies is softening, reflecting an adjustment to diminished medium-term growth expectations and lower revenues from commodity exports, as well as country-specific factors.
Telangana thrust for textile industry
The newly formed Telangana state has ambitions on the textile front too. It is planning to present a new textile and Apparel policy (T-TAP) in January 2016. Besides, the state is also planning to set up textile parks in each of the district where cotton is grown as a major commercial crop.
Rajasthan growing fast as textile hub
Over the last few decades, Rajasthan has emerged as a successful textile hub. Given the labour-intensive nature of the sector, the Rajasthan government has identified it as one of the thrust areas.