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MSME Competitiveness Boosted By Government Initiatives

MSME Competitiveness in Global Value Chains Strengthened by Government Initiatives.

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Tag: MSMEs

MSME establishes Export promotion cell for Sustainable Ecosystem
Apparel and Textile News Trade Info News

MSME establishes Export Promotion Cell for Sustainable Ecosystem

Ministry of Micro, Small and Medium Enterprises (MSME) has recently established an Export Promotion Cell with an aim to create a sustainable ecosystem for entire MSME development.  The benefits likely to accrue to the MSMEs are: Evaluate readiness of MSMEs to export their products and services Recognize areas where improvements are required in order to […]

Duke Fashions Bagged Excellency in Fashion Award 2018
Apparel and Textile News Apparel Brands and Companies

Duke Fashions Bagged Excellency in Fashion Award 2018

Duke Fashions (India) Limited, a lifestyle brand with a successful track record in manufacturing quality readymade garments with contemporary styling, has bagged the coveted “Excellency in Fashion Award’18” for its extraordinary contribution of MSMEs in the development of Punjab. Mr. Kuntal Raj Jain, Director Duke Fashions (India) Limited, received the prestigious award as the most […]

Govt. emphasizes Various Programmes and Schemes for MSMEs
Apparel and Textile News Ministry of Textiles News

Govt. emphasizes Various Programmes and Schemes for MSMEs

The Government emphasizes the promotion of ecosystem for development of MSMEs in the country. Various programmes and schemes have been put in place with particular focus to develop and facilitate access to finance, skill development, infrastructure support, access to the market, technology upgradation and ease of doing business. This was stated by Minister of State […]

PDEXCIL demands for Yarn Stability to stimulate Powerloom Sector
Apparel and Textile News Trade Info News

PDEXCIL demands for Yarn Stability to stimulate Powerloom Sector

The Powerloom Development and Export Promotion Council (PDEXCIL), the government body under the aegis of Ministry of Textiles and representatives of powerloom operators issued a press release demanding a fair mechanism for stability in yarn prices. He said that the yarn prices to be stabilized and stay constant over a period of time to ensure […]

Apparel and Textile News Ministry of Textiles News

Rao urges Govt to improve basic infrastructure needs in the Textile Sector

Telangana has been taking steps to boost the textile industry in the state including the Micro, Small and Medium Enterprises (MSMEs). On reviewing the developments in the textile sector in the state, Telangana Industries and Textiles Minister, KT Rama Rao urges the government to improve the basic infrastructure needs for the effective operation of the […]

Telangana to uplift the Textile Industry by including MSMEs
Apparel and Textile News Trade Info News

Telangana to uplift the Textile Industry by including MSMEs

Telangana government has aimed to boost the textile industry in the state including the Micro, Small and Medium Enterprises (MSMEs). The government has inked a MoU with the Tamil Nadu-based apparel manufacturer Kay Ventures to setup the Apparel Super Hub at Peddur Village in Sircilla District. On the signing ceremony, KT Rama Rao, minister of […]

TEA proposes to remove permanently Reverse Charge Mechanism
Apparel and Textile News Trade Info News

TEA proposes to remove permanently Reverse Charge Mechanism

The Tiruppur Exporters Association (TEA) has suggested some pre-budget proposal to the Union Finance Minister, Arun Jaitley. The proposal states to remove completely the reverse charge mechanism (RCM), sufficient fund allocation for government schemes, increasing Investment limit for micro, small and medium enterprises (MSMEs). It also includes an establishment of a knitwear board and amending […]

Govt.'s nod sought by Reebok to open single brand retail stores
Apparel and Textile News Retail News

Govt.’s nod sought by Reebok to open single Adidas AG brand retail stores

Reebok India has sought government’s nod to set up single brand retail stores in the country and it has submitted its proposal to the Department of Industrial Policy and Promotion (DIPP), which is looking at the application, an official said. At present, Germany’s Adidas AG sells Adidas and Reebok sports shoes and clothes in India. […]

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