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Apparel and Textile News

Warangal to rave Mega Textile Park Soon

Telangana deputy chief minister Kadiyam Srihari has said that a mega textile park will be coming up soon in Warangal city with an estimated investment to the tune of Rs1,150 crore. Nearly 1,190 acres of land has been acquired from farmers without any hassles. The textile park would attract investments of over Rs. 11,000 crore and it would have ginning, spinning, weaving, dyeing and other units all at one place.…
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Apparel and Textile News

Centre for textile startups in Surat

To project Amazia Fun Park as an emerging start-up city likely by the Surat Municipal Corporation (SMC) in Gujarat, a multi-storey trade facilitation centre is being planned on 8,000 square metre land there. This centre will provide an eco-system for new startups to connect with national and international businesses and facilitate innovations. The Corporation has appointed a consultant to prepare a vision document for a start-up and trade facilitation centre…
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Apparel and Textile News

New textile policy for MSMEs under process in TN

With an aim to accelerate growth of the textile industry Federation of Indian Export Organization (FIEO) has proposed for a new textile policy and textile promotion board to the state government, K Unnikrishnan, joint deputy director general of FIEO said. The association has also sought for selling up a technical textile cluster to facilitate value addition into the sector. Although the sector is doing fine as there is a huge…
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Apparel and Textile News

Exporters to get Indirect Central Subsidies

The central is planning to replace direct subsidy schemes for textile and clothing exporters with indirect benefits before the World Trade Organisation (WTO) deadline for abolishing such sops. The commerce and textile ministries are already examining alternative schemes meant for quality upgradation and subsidising capital expenditure. These new schemes which would be of equal value, the existing ones, a government official said, adding that although direct export sops will be…
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Apparel and Textile News

Technological trend in textiles to be focused at Textech 2017

The emerging technology for the textile and garment industry will be focused at the 18th Textech Bangladesh 2017, the biggest international exhibition on textile and garment sector to be kicked off in Bangladesh along with two concurrent fairs, 12th Dhaka International Yarn & Fabric Show 2017 and 28th Dye+Chem Bangladesh Expo 2017 today. Around 1150 companies with 1400 booths from 25 countries will participate in the programmes. It will be…
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Apparel and Textile News

Anil Goteti in charge of Ebay India

Head of Flipkart Anil Goteti will be the new in charge of Ebay India, which the marketplace recently acquired. Goteti is the head of the retail product and operations team at Flipkart and will now supervise the cross-border trade business of Ebay India. The deal to acquire Ebay India was made in April this year after Flipkart raised billion US Dollar from companies like Ebay, Microsoft and Tencent. Ebay made…
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