TUFS articles & resources on Made-in-China.com

North Indian Spinning Mills Mull Once-a-Week Shutdown

Aug 12, 2015

Textile spinning mills affiliated to the Northern India Textile Mills' Association (NITMA) are considering cutting back production and shutting down their mills once a week against the current trend of operating a mill 24x7. In a press ...

Tags: spinning mills, yarn, Textile

Textile Exporters in India Fail to Meet The Export Target for The Last Financial Year

Jun 4, 2015

Textile exporters in India are a worried lot after failing to meet the export target for the last financial year, according to media reports. "These declining trends in exports are a matter of deep concern," Texprocil chairman R K Dalmia ...

Tags: Textile

Textile Minister Assured to End Tufs Mess

Apr 14, 2015

The government has assured the textile industry that it will soon resolve the issue of pending claims under its technology upgradation scheme, according to media reports. The Textile Upgradation Fund Scheme (TUFS) is an interest ...

Tags: Textile Minister, TUFS Mess

Textile Industry Is Kept in The Lowest Slab in GST

Mar 31, 2015

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

PGIL Undertaking Capacity Expansion in South India

Jan 21, 2015

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 ...

Tags: EBITDA margins, return-on-capital ratios, Apparel

TEA Asked for Investment Allowance,Withdrawal of AMT,Refixing of TDS and Wealth Tax Limit

Jan 19, 2015

In its pre-budget memorandum, the Tirupur Exporters’ Association (TEA) among many demands has asked for extension of rupee export credit at 3 per cent interest rate subvention, import of specialty fabric using export performance ...

Tags: garmenting machinery, wealth tax limit, Apparel

Textile Sector Seeking Two Years Time to Fulfill Export Obligation Under The EPCG

Jan 5, 2015

A joint memorandum has been submitted to the Union Commerce Minister, Nirmala Sitharaman by various Indian textile associations, seeking additional two years time to fulfill export obligation under the export promotion capital goods (EPCG) ...

Tags: textile associations, Textile

Technical Textiles Sector in India Is Likely to Grow at 20 Per Cent Per Annum Till 2016-17

Dec 11, 2014

The technical textiles sector in India is likely to grow at 20 per cent per annum till 2016-17, Union Minister for Textiles Santosh Kumar Gangwar has said. Speaking at the launch of curtain-raiser of TECHNOTEX 2015 in Mumbai, ...

Tags: Technical Textiles, Textiles

The Maximum Number of Approvals Under The TUFS for The Textile Sector

Aug 13, 2014

The maximum number of approvals under the Technology Upgradation Fund Scheme (TUFS) for the textile sector is from the Western state of Gujarat, Textile Commissioner Kiran Soni Gupta has revealed. Addressing a meeting of stakeholders ...

Tags: Gujarat, Apparel, Accessories

Sintex Set up a Big Spinning Unit in Gujarat

Jun 26, 2014

Gujarat based Sintex Industries Ltd is setting up a big spinning unit which will house 320,000 spindles at a location in Pipavav – Gujarat. “Sintex which till now used to produce high-end structured dyed yarn shirtings at its ...

Tags: Sintex, Spindles Spinning

GEA Has Sought Five Percent Increase in Duty Drawback Rate

Jun 26, 2014

The New Delhi-based Garment Exporters Association (GEA) has sought five percent increase in duty drawback rate and capping of interest rate at seven percent, in its recommendations sent to the Ministry of Textiles, Government of India. ...

Tags: Textiles, Garment Exporters

The Exports From India Are Likely to Miss The Target of US$ 43 Billion by About $1bn

Feb 28, 2014

The exports of textiles and apparel from India are likely to miss the target of US$ 43 billion set for the current financial year by about $1 billion, Textiles Minister K Sambasiva Rao has said, Business Standard reported quoting PTI. ...

Tags: Indian Textile, Textile Exports, Apparel

Predominantly Cotton Based Indian Textile Industry

Feb 11, 2014

The predominantly cotton based Indian textile industry, particularly Tamil Nadu textile industry which accounts for 47.5% of the spinning capacity, has been facing several challenges during the last five years on raw material front, ...

Tags: Cotton Prices, Spinners

Schemes Were Unveilled by Indian Govt to Aid Textile Sector

Dec 13, 2013

The problems faced by the Indian textile industry can be broadly categorised as under:- - Lack of modernisation - Paucity of skilled manpower - Inadequate infrastructure According to the Report of the Working Group for Textiles and ...

Tags: Textile Sector, textile industry

The Apparel Sector Has Earned RS. 49,200 Crores Forex in April-October, 2013

Dec 12, 2013

AEPC organized its annual export award function 2013 for outstanding export performance for the year 2012-13, at apparel house, Gurgaon. Dr. K S Rao, Union Textiles Minister, came to deliver awards in presence of Smt. Zohra Chatterji, the ...

Tags: Apparel Exports, Textile

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