The Government of India has been implementing several schemes to promote handloom textile industry, including Chanderi textiles, Santosh Kumar Gangwar, Minister of State (Independent Charge) in the Ministry of Textiles, said in a written ...
Tags: silk sarees, web portal, Textile
For each of the three preceding fiscal years, India has overachieved it targets set for textile exports, Minister of Textiles, Santosh Kumar Gangwar said in a written reply to the Rajya Sabha. In fiscal year 2011-12, India exported ...
Tags: textile exports, Textile
First meeting of the reconstituted All India Handloom Board was held under the chairmanship of Union Minister of Textiles Dr. K S Rao in New Delhi. While addressing the members of the board, the Minister said that the Government of India ...
Tags: Handloom Board, Apparel, Textile
The handloom industry is one of the industries which uses labour intensive techniques. The total number of people currently employed in this sector/industry is 43.32 lakhs as per the census of 2009-10. Handloom weaving constitutes one of ...
Parliamentary Standing Committee report on Labour has criticized the Indian Textiles Ministry for its failure to use the budgetary grant of Rs. 70 billion for 2012-13, which was later revised to Rs. 45 billion. In its report submitted ...
Tags: Textiles Ministry, Textiles
The 11th Five Year Plan growth targets for textiles sector were (a) cloth production to grow at the rate of 12 percent in volume terms; (b) clothing and apparel to grow at the rate of 16 percent in volume terms and 21 percent in value ...
Tags: fabric output, fabric, textiles sector
The Indian textile industry, employing over 100 million people directly and indirectly has been looking for various schemes and assistance in the Union Budget 2013-14 to regain its global competitiveness which faced the worst ever crisis in ...
Tags: textile industry, Union Budget, SIMA
More than 100 cotton/man-made fibre textile mills have closed since 2009-10 in India, as per the data available with Textiles Commissioner. This was stated by Minister of Textiles, Mr. Anand Sharma, in a written reply in the Rajya Sabha, ...
Tags: India, Textile Mills, 2010
The performance of the Indian Textile Sector has improved considerably during last two decades The production of Spun-yarn, Man-made fibre and filament yarn increased from 2443 Mn Kg. in 1991-92 to 7069 Mn Kg. in 2011-12, whereas total ...
Tags: Performance, India, Textile Sector
Sustenance of conducive business environment for the textile industry is the need of hour with respect to cotton policies, said Mr. S Dinakaran, Chairman of The Southern India Mills’ Association (SIMA). SIMA Chief has said that after ...
Tags: SIMA, CCI, Cotton Prices
The Indian textile industry, the single largest employment provider, employing over 91 million people particularly the rural masses and women and the backbone of country's economy has been passing through a worst crisis in its history ...
Tags: SIMA, textile industry, raw material prices
Suzlon Energy rallied as much as 9% to touch an intraday high of INR 19.60 on December 28th Friday as the lenders will meet to discuss CDR package. According to the reported, the lenders to debt ridden Suzlon will meet on Friday to ...
Tags: Suzlon Energy, CDR package, restructuring package, company news
In pursuance to the Budget announcement(2011-12),'Revival,Reform and Restructuring package for"Handloom Sector",having financial implication of Rs.3884 crore,has been approved by the CCEA on 24.11.2011. Of this Rs.3884 crores,Government ...
Tags: Budget announcement, Handloom Weavers Loans, Handloom Sector
Visa Steel, which went into a corporate debt restructuring program 2 months ago, might try to bring in a strategic investor in its core long steel business. Mr Vishal Agarwal MD of Visa Steel said that "In the special steel business, we ...
Tags: Visa Steel, core long steel, steel business, raw material
Fifty third Annual General Meeting of South India Mills' Association (SIMA) was addressed by Chairman Mr. S. Dinakaran. Meeting speech of Mr. S. Dinakaran: The year 2011-12 witnessed a significant slowdown in textile production mainly ...
Tags: textile sector, raw material prices, textile market, textile industry