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Tag: ITF

ITF surmises a drop in Cotton PricesITF surmises a drop in Cotton Prices
Apparel and Textile News Trade Info News

ITF surmises a drop in Cotton Prices

The speculative increase in the cotton price this week to the tune of Rs. 1,500 per candy is for the short-term only and the price would gradually come down, Indian Texpreneurs Federation (ITF) felt. “There are issues in the ‘quality of crop’ in the current cotton year in a few states, overall there would not […]

New textile policy to boost growth in TN
Apparel and Textile News Trade Info News

New textile policy to boost growth in TN

To meet the demands and suggestions from textile industry representatives to boost growth, Tamil Nadu Government would soon frame a new textile policy, the state handlooms and textile minister OS Manian has said. The issue will be taken up with chief minister Edappadi K Palaniswami soon, Manian said. State’s Finance Minister D Jayakumar would raise […]

ITF Sign MoU with NSDC to Train 50,000 Workers
Apparel and Textile News Trade Info News

ITF Sign MoU with NSDC to Train 50,000 Workers

The Indian Texpreneurs Federation (ITF) has signed a memorandum of understanding (MoU) with the National Skill Development Council (NSDC) to train 50,000 fresh workers from January to December 2017. The association will enhance the efficiency of the workers while making them familiar with the uniform work procedures followed in textile mills across India. The MoU […]

ITF Suggestions for Fabrics Export
Apparel and Textile News Ministry of Textiles News

ITF Suggestions For Fabrics Export

The Indian Texpreneurs Federation (ITF) has lauded the government’s initiatives for creating a growth-conducive platform for the Textile value chain and forwarded some suggestions aimed at achieving the export target of 300 billion US dollar by 2024 to 25. Congratulating the new textile minister, ITF secretary Prabhu Dhamodharan in a letter said in the last […]

ITF to Organise Event for Make in India's Success
Apparel and Textile News Ministry of Textiles News Trade Info News

ITF to Organise Event for Make in India’s Success

Indian Texpreneurs Federation (ITF) will organise an event named ‘Make in India – Textile Industry – Strategies for Success’ to discuss the strategies which can be deployed for the Make in India vision to be a success in the Indian textile industry. Make in India – Textile Industry – Strategies for Success will be organised […]

Rationalisation Of Duty Structure Sought By MMF
Apparel and Textile News Trade Info News

Rationalisation Of Duty Structure Sought By MMF

As the countdown for the Union Budget begins, synthetic fibre manufacturers have sought rationalization of duty structure on manmade fibre (MMF) claiming that the move could propel the textile industry towards a higher growth rate. As many as 320 members of the Indian Texpreneurs Federation (ITF) have in individual letters to Prime Minister, Narendra Modi, […]

Removal Of Hank Yarn Obligation Demanded
Apparel and Textile News Trade Info News

Removal Of Hank Yarn Obligation Demanded

Indian Texpreneurs Federation (ITF), a Coimbatore-based premier association for textiles, has urged the centre to remove the hank yarn obligation, which compels yarn manufacturers to produce 40 per cent of their total yarn as hank yarn for the benefit of the handloom sector. In a letter to Prime Minister Narendra Modi, ITF said there is […]

Better Support From The Centre Sought By ITF
Apparel and Textile News Trade Info News

Better Support From The Centre Sought By ITF

The Indian Texpreneurs’ Federation (ITF) has sought a few policy change and proactive textile ministry to make the Tamil Nadu textile sector vibrant and help achieve its vision. In a memorandum submitted to Prime Minister Narendra Modi, ITF secretary, D Prabhu has categorically stated that the Federation is not seeking sops or subsidies, but better […]