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Apparel and Textile News

CITI Chairman Bagged Global Business Award

Confederation of Indian Textile Industry (CITI) chairman and Managing Director of TT Ltd, Sanjay K. Jain has been awarded the Prestigious BW Businessworld & GOPIO Global Business Award for “Contribution to India’s International Trade by a Resident Indian” Global Organisation of People of Indian Origin (GOPIO) was founded in New York in 1989 by People of Indian origin from 30 countries. Today they are an important international think tank with…
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Apparel and Textile News

Skill Development Training programme for Assam Weavers

The National Scheduled Castes Finance and Development Corporation (NSFDC) Skill Development Training Programme (SDTP) is organised for the handloom weavers in Assam's Hojai district. It is a five-day initiative which kicked off on December 24, 2017. It is supported by Chanu Creations in association with Textile Sector Skill Council (TSC). The agenda behind conducting this training programme cum workshop is to help women get a job in the weaving sector.…
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Apparel and Textile News

Ludhiana Garment Traders Recorded A Decline Of 40% In Exports

Ludhiana garment traders noted a decline of around 40 per cent in exports this year feeling the pinch of Goods and Services Tax (GST) execution and rate reduction in duty drawback from per cent to 2 per cent when compared to last year. Ludhiana is one of the key apparel manufacturing hubs of India and a house to several small and medium level manufacturers. A drop in sourcing from this…
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Apparel and Textile News

New Scheme and More funds under Power Tex India Scheme

The Textiles Ministry for the Power Tex India Scheme is planning to seek Rs crore that would be in the form of supplementary demand for grants, the minister said earlier this week in the Rajya Sabha, adding that of the Rs crore allocated for 2017-18, out of which Rs crore has already been spent till now. R Vaithilingam of AIADMK has asked Irani that if the government is considering to…
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Apparel and Textile News

SCBTS creates employment opportunity in the Textiles Sector

A new skill development scheme, the Scheme for Capacity Building in Textile Sector (SCBTS) is approved by the Union Cabinet Committee on Economic Affairs (CCEA) on Wednesday with an outlay of Rs 1,300 crore till 2019-20. The scheme will provide demand driven and placement oriented skilling programmes to create jobs in the textile sector. Not only it will incentivize the efforts of the industry in creating jobs in the organized…
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Apparel and Textile News

Respondents reporting higher production has fallen in Q3: FICCI

The quarterly survey done by Federation of Indian Chambers of Commerce and Industry (FICCI) on manufacturing suggests not much positive outlook in the October-December quarter of fiscal 2017-18. On citing the survey, they figured out that the percentage of respondents reporting higher production in third quarter has fallen compared to the previous quarter. Referring to the survey, around 47 per cent respondents reported higher output growth during the third quarter…
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