Technology Upgradation Fund Scheme Archives

Apparel and Textile News Ministry of Textiles News

New Textile Policies announced to reincarnate its revenue

The readymade garment sector is the largest contributor to the country’s overall textile exports and employs about 12 million persons now. The Union Textile Commissioner Kavita Gupta revealed that the relief package announced in 2016 boost the garment and made-ups sectors to create around 2.5 lakh new jobs in the country. The provision of 240 […]

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March 19, 2018
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Apparel and Textile News

SIMA Organises Meeting To Discuss Industry Crisis

To mitigate the crisis being faced by spinning sector, Southern India Mills’ Association (SIMA), apex body of spinners in this region, has convened a meeting of its member mills on August eight. The predominantly cotton based textile industry has been facing several challenges in the recent period owing to higher tariff rates imposed on Indian […]

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August 7, 2015
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165 Views

Apparel and Textile News Ministry of Textiles News

FM To Consider FICCI’s Suggestions

Finance minister Aurn Jaitley has assured the Textiles Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI) that he would consider its suggestions on proposed revised Technology Upgradation Fund Scheme (TUFS), interest subvention and duties on man-made fibre. The committee led by its chairman Shishir Jaipuria submitted a representation to the finance […]

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August 3, 2015
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Apparel and Textile News Ministry of Textiles News

Textile Exports Target At USD 47.5bn For 2015-16

Textiles Minister, Santosh Kumar Gangwar has said that the export of textiles for the current financial year (2015-16) targeting a growth of 14 per cent has been fixed at 47.5 billion US Dollar from actual exports of 41.6 billion US Dollar in 2014-15. In his written reply to Lok Sabha on July 23, Gangwar said […]

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July 27, 2015
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Apparel and Textile News Apparel Brands and Companies

Intensified Operation By Textile Industry In New Areas Suggested

The Indian textile industry’s long-term prospects “are undoubtedly bright”, it needs to introspect and explore areas where there is scope for scaling up and upgrading the fabrics sector, Chairman of the Confederation of Indian Textile Industry (CITI), Prem Malik has said. Malik’s said while the textiles industry in China was slowing down, Pakistan’s growth is […]

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July 23, 2015
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Tag: Technology Upgradation Fund Scheme

New Textile Policies announced to reincarnate its revenue

SIMA Organises Meeting To Discuss Industry Crisis

FM To Consider FICCI’s Suggestions

Textile Exports Target At USD 47.5bn For 2015-16

Intensified Operation By Textile Industry In New Areas Suggested