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Achievements By Textiles Ministry In 2017 To Promote Textile Sector

1. First Mega International trade event- “Textiles India 2017” The first ever mega international trade event for the textile sector was organized in Gandhinagar, Gujarat from 30 June, 2017 - 2 July, 2017 to showcase the incredible strength and range of India’s textile and handicrafts industry. The event recorded participation from more than 100 countries and generated business and business enquiries of about Rs. 3, 50,000 lakh.  A total of 65…
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Apparel and Textile News

KNMS introduced at the 22nd AEPC Export Awards 2016-17

After the success of Textiles India 2017, the textiles Minister, Smriti Irani at the presentation ceremony of the 22nd AEPC Export Awards 2016-17 said that they will implement a Knowledge Network Management System (KNMS) to facilitate exchange of knowledge amongst academia, farming community and the industry on the productivity of natural fibres and diversification of their bye-products. This is one of the follow-up actions taken by the Government in New…
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Apparel and Textile News

Uniform Tax Rate for Manufacturers and Traders by GST Council

Arun Jaitley, Indian finance minister along with the GST members has recommended changes in the Composition Scheme at its 23rd GST meeting held at Guwahati on November 10, 2017. The meeting unveils major relief in GST rates on some goods and services, spread across many sectors and commodities. The Council recommended a uniform tax rate @ 1 per cent for manufacturers and traders (for traders, turnover will be counted only…
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Apparel and Textile News

Textiles Sector issue to be covered in 23rd GST Meeting: Irani

Smriti Irani, Indian textiles minister recently said that the problems faced by the Indian textiles sector over the GST would be discussed at the ongoing 23rd meeting of the GST council in Guwahati. The textiles sector generates as the most employment in the country after agriculture, the center is fully aware of its importance and interests of small weavers, she added. Many feedback had been received from textile industry representatives…
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Apparel and Textile News

Smriti unveils new Handloom brand ‘Navibhu’ with Myntra

To expand customer interest in the Indian handloom industry, the Union textiles minister Smriti Irani launches handloom brand 'Navibhu' with a view to tap the niche. The brand was unveiled at Myntra's 6th Annual Brand Summit - Tech Threads 2017. The initiative will boost the traditional handloom industry and will support the weavers on the other hand. Irani said, "I wish Navibhu - a brand born with the richness of…
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Apparel and Textile News

Govt’s initiative SAATHI will be jointly implemented by EESL

The ministries of textiles and power has taken the initiative to join hands for SAATHI (Sustainable & Accelerated Adoption of efficient Textile technologies to help small Industries), implemented by Energy Efficiency Services Ltd (EESL) who will procure energy efficient powerlooms, motors and rapier kits and give them to small and medium powerloom units at no upfront cost. SAATHI will be jointly implemented by EESL and the office of the Textile…
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