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Mega Textile Cluster To Take Shape
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Mega Textile Cluster To Take Shape

‘The textile cluster move’, which was mooted in the union budget 2014-15, began on Saturday. The project will receive Rs. 50 crore by way of central grant and an additional 25 acres of land is being identified for its expansion. A Special Purpose Vehicle (SPV) will be registered under the Companies Act for its implementation […]

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CCI Should Sell Cotton By E-Auction

Southern India Mills’ Association (SIMA) has said Textiles minister, Santosh Kumar Gangwar should direct Cotton Corporation of India (CCI) to immediately commence selling the commodity directly to the actual users by e-auction, with liberal credit norms. Due to fall in cotton prices and also to safeguard the interests of farmers, CCI procured 86 lakh bales […]