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Tag: Textile Policy

Countries needed to explore new markets for Indian fabrics: Prabhu
Apparel and Textile News Ministry of Textiles News

Countries needed to explore new markets for Indian fabrics: Prabhu

On the inauguration of Indian Textile Global Summit 2018, Suresh Prabhu, Union Commerce and Industry minister on being urged for ‘one nation, one policy’ said that his ministry is discussing with various countries to explore new markets for Indian fabrics, garments and apparel in order to boost exports. The phrase “One Nation, One Policy” for […]

Integrated textile park at Maharashtra Malegaon
Apparel and Textile News Trade Info News

Integrated textile park at Maharashtra’s Malegaon

Maharashtra government will develop an integrated textile park on the theme of Cotton to Cloth, Farm to Fashion on the sprawling 345 hectare of land in Malegaon. State industries minister Subhash Desai said that the government has taken decision to hand over the land to the state undertaking Maharashtra Industrial Development Corporation (MIDC) for the […]

New Textile Policy in 3 months
Apparel and Textile News Trade Info News

New Textile Policy in 3 months

A new textile policy is likely to be finalized in the next three months. The draft for which will be ready once consultations are done with the stakeholders. The new policy is expected to create 35 million additional jobs in the country and achieve 300 billion US Dollar in textile exports by 2024-25. Response and […]

Textile policy to market handloom globally by Assam govt.
Apparel and Textile News Ministry of Textiles News

Textile policy to market handloom globally by Assam govt.

Assam government will soon formulate a textile policy for giving a major fillip to handloom and textile sector in the state. The proposed policy will focus on integrating production and marketing of handloom and textile products, empowering weavers and making a niche for handicrafts of the state in global market. Chief minister Sarbananda Sonowal, while […]

Textile Policy to achieve $300 bn Exports by '25
Apparel and Textile News Trade Info News

Textile Policy to achieve $300 bn Exports by ’25

The new textile policy aims at achieving 300 billion US dollar textiles exports by 2024-25 and envisaging creation of additional 35 million jobs with focus on a three-pronged approach to boost the growth of Indian handicraft sector facing tough competition from international players. The textiles ministry is currently engaged in consultation with stakeholders including states […]

New Textile Policy To Be Announced Soon
Apparel and Textile News Ministry of Textiles News

New Textile Policy To Be Announced Soon

The government will soon announce a new modified textile policy which aimed at increasing the productivity of textile sector, generating more employment, bringing down the cost of production, penetrating into newer markets and focusing both on exports and domestic markets. Textiles ministry is now in talks with the Labour ministry as they seek some relaxation […]