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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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November 16, 2015
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Rs 300 Cr-RMG Projects In 2015-16

Six readymade garment projects envisaging an aggregate investment of over Rs 300 crore are expected to be commissioned in 2015-16, according to the Centre for Monitoring Indian Economy (CMIE), a leading business information company. With an investment outlay of Rs 100 crore, Mandhana Industries is in the process of setting up a new garment manufacturing […]

appareltalk
April 17, 2015
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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 […]

appareltalk
April 9, 2015
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Mega Textile Cluster To Take Shape

Rs 300 Cr-RMG Projects In 2015-16

CCI Should Sell Cotton By E-Auction