A leading domestic rating agency India Ratings has projected a 7.7 per cent growth this fiscal driven by domestic demand. The projection is marginally low from the official growth forecast of 7.9 per cent. "We expect GDP to grow by 7.7 ...
A two-day national workshop on the textile parks sanctioned under the Scheme for Integrated Textile Parks (SITP) is being organised by the Ministry of Textiles, Government of India, in Surat on 9-10 April, 2015. The workshop, ...
Tags: Textile Parks, textile
Recently, a delegation from the Indian textile industry met Santosh Kumar Gangwar, minister of state for textiles to apprise him of the current as well as post budget scenario of the textile industry. The delegation was made-up of OP ...
Tags: Textile Sector, textile industry
The Union government has launched a new institution, Handicrafts & Carpet Sector Skill Council to promote skill development among artisans, craft persons and workers at grassroots level. The Council will operate from New Delhi and ...
Tags: Handicrafts, skill development, Carpet
Tirupur Exporters’ Association (TEA) has requested Prime Minister Narendra Modi to expedite the process for finalising a free trade agreement (FTA) with the European Union. A requisition letter has been sent to the Prime ...
Tags: Tirupur Exporters, FTA with EU, garment
Union Budget 2015-16 presented by finance minister Arun Jaitley last week has no measures on promoting apparel manufacturing in India, says an expert of India’s clothing and retail industry. “Considering that this ...
Tags: Apparel Manufacturing, Apparel
Minister of State for Textiles Santosh Kumar Gangwar inaugurated a Weavers’ Service Centre at Toluvi in Northeastern state of Nagaland, and also laid the foundation stone for Apparel & Garment Making Centre at Dimapur, also in ...
Tags: Textiles Minister, Apparel, Garment
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
Speaking at the inauguration of Tex-Trends India 2015, Indian union textiles minister, Santosh Kumar Gangwar said the new National Textiles Policy will be unveiled after the Union Budget is presented. The new Textiles Policy aims to ...
Tags: home furnishings, yarns, fabrics, silk, Apparel
Japanese auto maker Suzuki Motor laid foundation stone at its JPY60bn ($509m) vehicle manufacturing facility in Gujarat, India. The company is planning to set up three plants in the Indian state at an investment of Rs 80bn ($1.3bn). ...
Telecom Minister Ravi Shankar Prasad urged U.S. technology companies to invest in India to boost the local electronics manufacturing industry, The Hindu Business Line reported. U.S. President Barack Obama arrived here for the second time. ...
Apparel manufacturer and exporter, Pearl Global Industries Limited (PGIL) is undertaking capacity expansion in South India at a total investment of around Rs 17-20 crore, funded through internal accruals and a TUFS loan. PGIL plans to ...
‘Make in India’ has become the largest and fastest growing Government initiative ever on digital media, leaving behind all other Government schemes, Ministry of Commerce and Industry has announced. Since its launch just ...
Government is adding a new paradigm to the Public Private Partnership (PPP) model, by involving all stakeholders in key decision-making processes, the Indian Prime Minster, Narendra Modi said at a workshop on the Make-in-India program. ...
Indian synthetic fibre and yarn producers have urged the Union Ministry of Finance to abolish excise duty of 12 per cent levied on the industry and bring it at par with the cotton fibre and yarn sector. “This will help the growth of ...
Tags: cotton fibre, yarn sector, Textile