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Tag: Amended Technology Upgradation Fund Scheme

Government Initiatives Boost Spinning Mills
National News Apparel and Textile News Apparel Association Ministry of Textiles News

Government Initiatives Boost Spinning Mills Growth And Modernization

As per Annual Survey of Industry, Ministry of Statistics & PI, State/UT-wise, including Tamil Nadu, total number of spinning mills, number of spinning mills in operation and others is attached given below. Ministry of Textiles does not maintain data of closed spinning mills separately. The key initiatives taken by the Government to support spinning mills in […]

Green Textiles Gain Momentum
National News Apparel and Textile News Apparel Association Ministry of Textiles News Trade Info News

Green Textiles Gain Momentum With Credit Score And Green Fund

Green Textiles initiatives aim to boost manufacturing, consumption, and exports of eco-friendly textiles in India, with the Government undertaking a series of targeted measures as outlined below: The Government is implementing Integrated Processing Development Scheme (IPDS) since 12th FYP to support new Common Effluent Treatment Plants (CETP)/ upgradation of existing CETPs. 6 projects approved under the […]

Government Strengthens Support For Spinning Mills
National News Apparel Accessories Apparel and Textile News Apparel Association Ministry of Textiles News

Government Strengthens Support For Spinning Mills; ASI Data Shared In Rajya Sabha

Spinning mills remain central to India’s textile value chain, and the Ministry of Textiles has reiterated the Government’s continued commitment to strengthening the spinning sector, even as State/UT-wise data on spinning mills was placed before Parliament. In a written reply to a question in the Rajya Sabha, Union Minister of State for Textiles, Pabitra Margherita, […]

Powerloom Sector Support Strengthened Through GST, Schemes
Apparel and Textile News Ministry of Textiles News National News Trade Info News

Powerloom Sector Support Strengthened Through GST, Schemes

The last baseline survey for powerlooms, conducted in 2013, revealed the existence of approximately 24 lakh powerlooms, supporting a workforce of around 44 lakh individuals across the country. The State wise details of the number of Powerlooms and manpower as per the last baseline survey is enclosed below. In order to ensure an assessment of […]

Setting Up An International Market Hub To Promote The Textile Industry
Apparel and Textile News Ministry of Textiles News National News Trade Info News

Setting Up An International Market Hub To Promote The Textile Industry

The Ministry of Textiles approved various schemes and programmes to encourage and promote the textile industry such as PM Mega Integrated Textile Regions and Apparel (PM MITRA) Parks Scheme for world-class industrial infrastructure; Production Linked Incentive (PLI) Scheme for MMF Apparel, MMF Fabrics and Technical Textiles to boost large scale manufacturing and enhancing competitiveness; National […]

Job Creation In Textile Sector Strengthened By Government Measures
Apparel and Textile News Ministry of Textiles News National News Trade Info News

Job Creation In Textile Sector Strengthened By Government Measures

The textile industry is one of the largest sources of job creation and employment generation in the country, employing more than 45 million persons. The Government of India is implementing various schemes and initiatives aimed at generating job creation and employment opportunities in the textile sector, including rural and semi-urban areas. The major schemes/initiatives include […]

CMAI Welcomes Amended TUFS
Apparel and Textile News Ministry of Textiles News Trade Info News

CMAI Welcomes Amended TUFS

The Clothing Manufacturers Association of India (CMAI) has welcomed the Amended Technology Upgradation Fund Scheme (ATUFS) that has been approved by the Cabinet Committee on Economic Affairs last week. In a Press Release, CMAI president Rahul Mehta, said Launching of the new scheme in place of the present Revised Restructured TUFS (RR-TUFS) is a relief […]

ATUFS To Help Investment In Textile Industry
Apparel and Textile News Ministry of Textiles News Trade Info News

ATUFS To Help Investment In Textile Industry

The Southern India Mills’ Association (SIMA) has thanked the Prime Minister for approving the Amended Technology Upgradation Fund Scheme (ATUFS). The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister yesterday approved the introduction of “Amended Technology Upgradation Fund Scheme (ATUFS)” in place of the existing revised restructured TUF scheme with effect from […]

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