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Tag: Narendra Modi

MUDRA Loans To 5 Lakh Weavers
Apparel and Textile News Trade Info News

MUDRA Loans To 5 Lakh Weavers

With the government formulating a new model under MUDRA scheme for providing credit to handloom sector under which it has combined elements of concessional credit such as margin money, interest subvention and credit guarantee cover, the textiles ministry yesterday said that it has set a target of extending MUDRA loans to five lakh handloom weavers […]

CMAI Hails New Package For Textile Industry
Apparel and Textile News Ministry of Textiles News

CMAI Hails New Package For Textile Industry

The Clothing Manufacturers Association of India (CMAI) has welcomed the Rs 6,000 package for textile industry saying it has removed some “serious irritants that had been pulling back the country’s garment industry for a long time.” Congratulating Prime Minister Narendra Modi and textiles minister Santosh Gangwar, CMAI president Rahul Mehta said in a press release […]

Ritu Beri Appointed As Advisor To Revive Khadi
Apparel and Textile News Apparel Brands and Companies

Ritu Beri Appointed As Advisor To Revive Khadi

Khadi and Village Industries Commission (KVIC) has appointed ace fashion designer Ritu Beri as its advisor to attract youth and revive the ‘neglected’ sector. “Khadi was a neglected sector. The centre is working very hard to revive this sector. We have launched various schemes. For example, we are now approaching government departments, private institutions, private […]

Amazon To Invest $3 Bn More In India
Apparel and Textile News Trade Info News

Amazon To Invest $3 Bn More In India

Global e-commerce major Amazon will invest an additional three billion US dollar in its India operations to take investment in the country to over five billion US dollar, founder and CEO Jeff Bezos has said at the annual gala of US India Business Council (USIBC) in Washington where Prime Minister Narendra Modi was present. “Amazon […]

Gangwar Opens Apparel Making Centre In Mizoram
Apparel and Textile News Ministry of Textiles News

Gangwar Opens Apparel Making Centre In Mizoram

Textiles minister Santosh Kumar Gangwar has inaugurated an apparel and garment making centre in Mizoram on June four to give an opportunity to local entrepreneurs to convert their ideas and designs into flourishing businesses and create additional employment opportunities for the local people in the North East. On the occasion, the minister expressed hope that […]

Govt Focuses On Packaging To Boost Handloom Sector
Apparel and Textile News Trade Info News

Govt Focuses On Packaging To Boost Handloom Sector

The government has engaged the Indian Institute of Packaging (IIP), National Institute of Fashion Technology (NIFT) and National Institute of Design (NID) to upgrade the design and packaging of 40 shortlisted handloom fabrics and handicrafts in the country. The Mumbai-based IIP said in a press release that Maharastrian Paithani, Banarasi silk from Uttar Pradesh, Mysore silk […]

Govt Okays 100% FDI In E-Commerce
Apparel and Textile News Global News Retail News

Govt Okays 100% FDI In E-Commerce

The government has okayed 100 per cent Foreign Direct Investment (FDI) in marketplace e-commerce, where the company only provides platform for buyer and seller to connect. “100 per cent FDI under automatic route is permitted in marketplace model of e-commerce,” the Department of Industrial Policy and Promotion (DIPP) said in a press release. “FDI is […]

Textiles Ministry Launches Handloom Website
Apparel and Textile News Ministry of Textiles News

Textiles Ministry Launches Handloom Website

The textiles ministry launched handloom website of ‘India Handloom’ Brand called www.indiahandloombrand.gov.in yesterday. The website is a one stop platform for all services to consumers, bulk buyers and handloom producers. The website will provide full details of all registered India Handloom producers which will facilitate verification of genuine India handloom product by customers. They will […]

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