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Tag: textile parks

CITI and MCX signed a MoU at ATEXCON 2018
Apparel and Textile News Events and Exhibitions News

CITI and MCX signed a MoU at ATEXCON 2018

To help the textile industry to combat cotton price volatility and risk management through cotton contracts, a Memorandum of Understanding (MoU) was signed between Confederation of Indian Textile Industry (CITI) and Multi Commodity Exchange of India (MCX) on Cotton Price Risk Management. At an event attended by more than 400 delegates from India as well […]

Provision for Textile Infrastructure in Budget Increased to Rs, 1860 Cr in 2017-18
Apparel and Textile News Trade Info News

Provision for Textile Infrastructure in Budget Increased to Rs, 1860 Cr in 2017-18

With the vision to increase output and jobs in the textile sector by Prime Minister, Narendra Modi, the Union Budget has given a major boost to textile infrastructure by almost three times in increasing the allotment for building textile parks, incubation facilities, processing and development centres. The textile infrastructure provision has been increased from Rs […]

Textile Ministry signs of MoUs worth Rs.8,835 cr at Gujarat Summit
Apparel and Textile News Ministry of Textiles News

Textile Ministry signs of MoUs worth Rs.8,835 cr at Gujarat Summit

The ministry of textile during a seminar at the Vibrant Gujarat Summit witnessed signing of MoUs worth Rs.8,835 crore in textile sector. The pacts have been signed in various segments such as textile parks, textile processing, machinery and carpet development. Textiles minister, Smriti Irani addressing the ‘Make in Gujarat’ theme seminar on Trends and Innovation […]

Seven Textile Parks Approved in Rajasthan
Apparel and Textile News Ministry of Textiles News

Seven Textile Parks Approved in Rajasthan

In order to create employment and attract investment, government has approved seven textile parks in Rajasthan under the scheme for Integrated Textile Parks (SITP), textile minister, Santosh Kumar Gangwar said. Stating that the textile industry is moving in the right direction, he pointed out that seven textile parks have been approved with an assistance of […]

Textile And Handloom Industry
Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

Initiatives To Help Development Of Textile And Handloom Industry

Government has set its sights on the development in the organised and unorganised sectors of the textile industry, which is one of the mainstays of the national economy. The initiatives of the government have raised hopes of resurrection of the Indian handloom and textile industries, K. Radharaman of The House of Angadi, which has a […]

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