Recently, the General Office of the State Council issued the Guiding Opinions on Accelerating the Development of the Financial Leasing Industry (hereinafter referred to as the Guiding Opinions), to comprehensively and systematically ...
Tags: financial leasing industry, economic structure adjustment
The commerce ministry is considering interest subsidy benefits for textile sector including garments to arrest falling exports, according to media reports. The interest subvention scheme of 3 per cent ended on March 31, last year. Under ...
Tags: Textiles Sector, subsidy benefits
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
The Andhra Pradesh government’s new industrial policy has come as a shot in the arm for the textile industry in the state. According to media reports, the new policy which will be in force till 2020, provides a host of incentives for ...
Tags: Andhra Pradesh, textile industry, Textile
For the development of textile industry in the state, Maharashtra finance minister Sudhir Mungantiwar proposed an outlay of Rs 59.66 crore in his Budget speech for the year 2015-16 towards interest subsidy of 5 to 7 per cent on long term ...
Tags: Textile Subsidy, textile industry
The Government of Karnataka, a state in southern India, through the Department of Handloom and Textiles, has invested Rs. 13 billion under various schemes during the current financial year, reports The Hindu. Addressing a one-day ...
Tags: Textiles Sector, Textile
The Government of Indonesia is laying emphasis on human resource development in the textile industry, as the industry is one of the mainstays of commodity manufacturing industries and an important component of national economic development, ...
Tags: Textile Industry, garments
The government of the South Indian state of Karnataka has officially released the New Textile Policy 2013-18 document, which envisages attracting investment of Rs. 100 billion and in the process creating about 500,000 new employment ...
Tags: Textile Policy, Karnataka
The textile industry in western Indian state of Rajasthan is expecting about Rs. 100 billion new investments over the next seven years, due to the state government’s recent announcement of ‘Special Customized Package for ...
The Government of India would soon unveil a modified Technology Upgradation Fund Scheme (TUFS) with a provision to increase the interest subsidy on power looms from the present 5 percent to 6 percent, Textiles Minister K Sambasiva Rao has ...
Tags: Textile Industry
Asia’s biggest confluence of home and lifestyle items - Home Expo India 2013 (HEI-2013) has begun at Expo Mart in Greater Noida, near the capital New Delhi. The second edition of the four-day expo, which was inaugurated by Union ...
Despite lower demand from some of the key Western markets, Indian handicraft exports have achieved the target of US$ 3.3 billion set for fiscal year 2012-13. The items that posted highest year-on-year export growth during the period ...
Tags: Handicraft Exports, Textile
The Government of India has approved Revival, Reform and Restructuring (RRR) Package for Handloom Sector in November 2011, to waive off the overdue loans of primary weavers cooperatives, other weavers organizations and individual weavers ...
Tags: handloom, weavers, Handloom Proposal Package
Chairman AEPC, Dr. A Sakthive, in the proposal presented, to Shri Anand Sharma, the Union Minister for Commerce, Industry & Textiles, has made submission for increasing the garment exports to US $16 billion in 2013-14. The meeting was ...
Tags: AEPC, garment exports, garment
In a bid to boost investment and creation of more employment opportunities in the textile sector of the state, the government of Western Indian state of Maharashtra is considering delinking of the state’s textile policy from the ...
Tags: textile sector, Textile Policy, Textile