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Industry in dark about sops: Kavita Gupta
Most of the industries in textile sector are unaware about the government schemes and benefits that they are offering to the industries, says Dr Kavita Gupta
Industry 4.0 is not a choice, but necessity
The Textile Association of India (TAI), Mumbai Unit organised International Textile Conference on “Textile 4.0 – Global and Indian Perspective” on March 22-23, 2018 at Hotel The Lalit, Mumbai.
Move beyond conventional paradigms: K Gupta
Taking a big leap forward, industry is going through another paradigm shift, popularly referred as the “Fourth Industrial Revolution” or “Industry 4.0”. The ultimate goal of the fourth revolution is to build a parallel virtual world that will control and run the physical world. Everything that can be digitalised will be digitalised throughout the course of Industry 4.0. The future of the manufacturing industry lies with big data analytics, robots, automations, programmable logic controllers and IoT.
SRTEPC inaugurates regional office in Coimbatore
With the objective of increasing its footprint across the southern part of the country, the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has opened its regional office in the premises of the Southern India Mills Association (SIMA), Coimbatore.
Udeshi conferred with SRTEPC Lifetime Achievement Award
The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC), one of the oldest export promotion councils in India, recently gave away export awards in a function held on January 27, 2018 in Mumbai. Present during the occasion was: Smriti Zubin Irani, Union Minister of Textiles & Information and Broadcasting; Ajay Tamta, Union Minister of State for Textiles; Anant Kumar Singh, Secretary, Textiles; Dr Kavita Gupta, Textile Commissioner; Rughani, Vice Chairman; Anil Rajvanshi, Convenor, Export Award Committee; and Rajen Udeshi of Reliance Industries.
Boost for textiles exports
Finance Minister Arun Jaitley in the Union Budget 2018-19 raised special package by 19 per cent to Rs 71.48 billion for apparel sector to boost exports. In 2016, the government had announced a special package of Rs 60 billion for the same purpose.
It’s a gold for Indo Count!
Indo Count Industries Limited, one of the leading manufacturer and exporter of bed linen and home textiles in India, has won the prestigious gold trophy for the “highest exports of cotton made-ups (bed linen/bed sheets/quilts)” for the year 2016-2017. Having won Bronze and Silver trophy in the past, this is the first time that Indo Count has been awarded with Gold Trophy.
India to focus on cotton branding
Following the success of branded cotton from Egypt and the US, the Government of India is considering branding of the locally produced fibre to fetch premium prices from overseas importers.