textile

May 17, 2012

‘TWRFS benefits to textile workers will be expedited’

Tags: Anand Sharma, textile, mills, benefits, TWRFS, scheme, expedited, workers, man-made fibres, cotton, closed

Anand Sharma, Union Minister of Commerce, Industry and Textiles stated that a total of 1.13 lakh textile workers had been benefited by the Textile Workers Rehabilitation Fund Scheme (TWRFS) till March 31, 2012.

April 17, 2012

Italy to conduct textile machinery workshops in India

Tags: india, Italy, textile, Imports, machinery, workshops, Mumbai, manufacturers, Ichalkaranji, May

Mumbai and Ichalkaranji will soon play host to two workshops by Italian textile machinery manufacturers on May 8 and 10 respectively, reports Fibre2fashion.com. The workshops are being organized by the Association of Italian Textile Machinery Manufacturers (ACIMIT).

April 17, 2012

Pak fashion fraternity keen on collaboration with India

Tags: india, FDI, pakistan, fashion, fraternity, textile, franchise, store, companies, showcase, products, shop, designer

Pakistan's fashion fraternity has welcomed India and Pakistan's decision to open more trade routes and hope to expand their reach by collaborating with Indian wholesalers, brands and opening retail outlets in the country.

April 10, 2012

AP textile traders fear huge business losses

Tags: N Kiran Kumar Reddy, Andhra Pradesh, textile, traders, APFTA, VAT, Ammanabolu Prakash

The state government expects traders to cough up five percent in VAT on textile sales, and could earn about INR1,000 crore in revenues. Taxes gets passed on to price-conscious customers. Commercial tax authorities have seized goods in transit, approximately 10,000 bales, across the state.

April 10, 2012

UP government to revive Banarasi textiles

Tags: india, Banarasi, Uttar Pradesh, UP, Government, textile, subsidy, raw material, machinery

State Cabinet Minister Om Prakash Singh stated that the government of Uttar Pradesh will look into the promotion of Banarasi textiles, reports Fibre2fashion.com. Singh stated that these textiles have helped the state get a special recognition worldwide.

April 09, 2012

Indian textile exports may have missed USD33 billion target

Tags: Indian, garment, textile, Apparel, sector, export, USD33 billion, CITI, Confederation of Indian Textile Industry

Estimates by the Confederation of Indian Textile Industry (CITI) indicate that the country’s textile exports may have missed the target of USD33 billion laid out for 2011-12. This is on account of the Eurozone crisis, reports Financial Express.

March 12, 2012