Category: Domestic

Export of cotton textiles declined in 3 years

The overall export of Indian cotton textiles has declined by 10 per cent over the past three years, Minister of State for Textiles Ajay Tamta said in a written reply to the Rajya Sabha. The cotton textiles export comprises cotton yarn, other textile yarn, fabric, made-ups articles, cotton raw waste and cotton fabrics and madeups, which include products like bedsheets, blankets and curtains. According to data shared by the Minister, the shipments of cotton textiles from India stood at Rs. 70,936 cr during 2016-17, as against Rs. 72,994 cr in the previous financial year and Rs. 71,913 cr in...

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NITI Aayog selects NIFT TEA in Tirupur to set up incubation centre

NITI Aayog has chosen NIFT-TEA Knitwear Fashion Institute, Tirupur for setting up incubation centre in the first round. CMN Muruganandan, Chairman of the institute, said that out of 3,800 government and private institutions across India which applied, NIFT TEA Knitwear Fashion Institute, Tirupur, to host the Atal Incubation Centre under the Atal Innovation Mission (AIM) scheme which will focus on developing product technologies of functional garments, will get Rs. 10 cr for five years. They have planned to construct a 10,000 sq. ft. building to establish the incubation centre, which will be called AIC -NIFTTEA Incubation Centre for Textiles...

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Haryana formulated new textiles policy based on industry’s suggestions

The Haryana Government based on the requirements and suggestions of the industry has formulated a new textiles policy which will be soon be implemented in the State, said State Industries and Commerce Minister Vipul Goel while addressing industrialists at the ‘Samadhan Divas Samaroh’ in Panipat. He added that many times the fate of the country has been decided in this holy region and many battles have been fought here for justice. Thus the State Government will also ensure full justice with the industrialists, businessmen and workers of Panipat. The government has no intention of forcibly imposing its own industry...

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KSIC plans expansion as silk saree demand rises

The Karnataka Silk Industries Corporation (KSIC) plans to expand operations, focused on tackling the increasing demand for Mysore silk sarees and to make them a bit inexpensive. The steps, which include reviving a defunct unit and adding a new powerloom building, will help create around 200 jobs in the organisation in Mysuru and raise the annual turnover. A new building harnessing solar power that can house 100 powerlooms will be opened soon with a spending of Rs. 24.07 cr. Production in the now-defunct Channapatna unit will also start soon as 30 looms have been installed there at a cost...

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Arunachal Pradesh launches textile promotion scheme

The Arunachal Pradesh Government has launched the indigenous textile promotion scheme. This initiative will be a fillip to entrepreneurship and boost employment creation in Lower Dibang Valley (LDV) in the State of Arunachal Pradesh. As many as 500 weavers of the district will be benefitted with the textile scheme, according to a report. The scheme is a support to the local weaver to develop various new textile products to increase business. Increase in the number of innovative textile products will improve the local economy, said Deepak Shinde, Deputy Commissioner of LDV while announcing the launch of the scheme. Free...

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