Steps to boost Indian apparel exports on anvil
August 7th, 2012 - 12:04 am ICT by IANS
Bangalore, Aug 6 (IANS) India's textiles ministry is mulling a series of measures to boost export of readymade garments (apparel) despite growing competition from countries like Bangladesh, Vietnam, Kampuchea and ... Read more...
Posted in Business |
Centre restructures Technology Upgradation Fund Scheme
May 1st, 2011 - 7:31 pm ICT by ANI
New Delhi, May 1(ANI): The Central government has restructured the Technology Upgradation Fund Scheme (TUFS) - the flagship scheme of Union Textiles Ministry for upgradation of technology in the textile and jute ... Read more...
Posted in National |
Govt. committed to make NTC a world-class textile company: Maran
January 5th, 2011 - 8:03 pm ICT by ANI
New Delhi, Jan 5 (ANI): Union Textiles Minister Dayanidhi Maran on Wednesday said the government is committed to make the National Textile Corporation (NTC), a world-class eco-friendly integrated textile company and flag-bearer ... Read more...
Posted in National |
Linking my 2006 letter with current scenario wrong: Maran
November 20th, 2010 - 9:16 pm ICT by IANS
Chennai, Nov 20 (IANS) Union Textiles Minister Dayanidhi Maran Saturday said the media is mistakenly linking his 2006 letter to Prime Minister Manmohan Singh on the process of spectrum allocation with ... Read more...
Posted in Business |
CII demands Rs.50 bn for Technology Upgradation Fund Scheme
February 16th, 2010 - 7:14 pm ICT by IANS
Chennai, Feb 16 (IANS) The Confederation of Indian Industry-Southern Region (CII-SR) Tuesday asked the government to provide Rs.5,000 crore (Rs.50 billion) towards the Technology Upgradation Fund Scheme (TUFS) and scrap the import ... Read more...
Posted in Business |
Government moots assistance for paper industry
December 7th, 2009 - 5:23 pm ICT by IANS
New Delhi, Dec 7 (IANS) The government will extend the Technology Upgradation Fund (TUF) to the paper industry, according to a senior official in the Department of Industrial Promotion and Policy.
"We are ... Read more...
Posted in Business |
Indian textile and apparel industry set to grow
August 19th, 2009 - 7:59 pm ICT by ANI
By Karan KapoorLudhiana, Aug.19 (ANI): With a strong domestic demand and the stimulus provided by the government, Indian textile and apparel industry is confident that it would grow.With the Central Government recently ... Read more...
Posted in Feature |
Rs.5,000-crore investment expected in technical textiles
August 12th, 2009 - 5:53 pm ICT by IANS
New Delhi, Aug 12 (IANS) The government Wednesday said it expected investments of Rs.5,000 crore and employment of nearly three lakh in the technical textiles sector by 2012.
"The segment has a potential ... Read more...
Posted in Business |
Government to release Rs.2,500 crore for textile sector
August 6th, 2009 - 8:47 pm ICT by IANS
New Delhi, Aug 6 (IANS) The government Thursday said it will release a subsidy of Rs.2,546 crore ($535 million) for the crisis-hit textile sector, which will directly reach the beneficiaries in ... Read more...
Posted in Business |
Textile sector still far from recovery: Assocham
August 3rd, 2009 - 5:17 pm ICT by IANS
New Delhi, Aug 3 (IANS) Though the overall economy has started showing signals of an early recovery, the country's textile sector, the second largest employment provider, is still struggling with the slowdown, ... Read more...
Posted in Business |
Textile production down due to slowdown
July 22nd, 2009 - 9:26 pm ICT by IANS
New Delhi, July 22 (IANS) India's textile industry was hit hard by the global slowdown last year, with the handloom and powerloom production declining 3.8 and 3.2 percent respectively, a union minister ... Read more...
Posted in Business |
Maran promises more sops for textile industry
July 7th, 2009 - 9:59 pm ICT by IANS
New Delhi, July 7 (IANS) Welcoming the general budget 2009-10, Textiles Minister Dayanidhi Maran Tuesday said some more announcements on empowerment of weaker sections and facilities for the growth of medium and ... Read more...
Posted in Business |
Rs.11 bn to be spent annually on textile tech upgrade (Lead)
June 24th, 2009 - 11:38 pm ICT by IANS
New Delhi, June 24 (IANS) The government will spend Rs.1,100 crore (Rs.11 billion) annually till 2012 to provide subsidies and upgrade technology to the textile sector, Textiles Minister Dayanidhi Maran said here ... Read more...
Posted in Business |
Health insurance for 150,000 weavers planned
June 24th, 2009 - 6:13 pm ICT by IANS
New Delhi, June 24 (IANS) The government will provide health insurance to 150,000 weavers and open two textile parks, Textiles Minister Dayanidhi Maran said Wednesday while unveiling the department's first 100 days' ... Read more...
Posted in Business |
Government mulls fiscal relief for textile industry (Lead)
June 12th, 2009 - 6:13 pm ICT by IANS
New Delhi, June 12 (IANS) The government will provide fiscal reliefs including service tax exemption to the slowdown-hit textile sector, Minister for Textiles Dayanidhi Maran said here Friday.
"As part of a short-term ... Read more...
Posted in Business |
Struggling textile industry wants pending government funds released
November 5th, 2008 - 9:23 pm ICT by IANS
New Delhi, Nov 5 (IANS) Faced with shrinking global and domestic demand and a crippling cash crunch, an Indian textile industry lobby has urged the government to release Rs.20 billion that ... Read more...
Posted in Uncategorized |
Textile industry expresses disappointment over budget
February 29th, 2008 - 6:37 pm ICT by admin
Mumbai, Feb 29 (IANS) The textile industry has expressed disappointment at the union budget presented Friday, as it was expecting reduction of customs and excise duties on fibres and capital goods, the ... Read more...
Posted in Business |
Textile Ministry urges Chidambaram to allocate bigger pie for upgradation scheme
February 6th, 2008 - 4:32 pm ICT by admin
New Delhi, Feb 6 (ANI): The Union Textile Ministry has urged Finance Minister P Chidambaram to hike budgetary allocation under the Technology Upgradation Fund Scheme.The ministry has demanded 110 billion rupees ... Read more...
Posted in Business |