As many as 37 ministers have been dropped from the government in Prime Minister Narendra Modi's third term and these include seven with cabinet rank -- prominent among them being Smriti Irani, Anurag Thakur and Narayan Rane.
Although there is enough room for Vijayeswari Textiles to grow, its peers are available at cheaper valuations.
As the sun slowly sets behind the skyline of factory buildings, a group of women enters the Vasantham Textiles mill in this industrial town. They position themselves behind their respective sewing machines to stitch T-shirts. But many machines in another corner of the large hall remain unattended.
Given that more than 85 percent of the industry consists of small units, the rising trend of textile units going in for IT-related infrastructure is a positive sign.
The young beauty readies herself for the upcoming Miss World contest.
Textile parks will soon come up at the country's second highest cotton producing state Maharashtra, aimed at boosting textile and apparel production in the state.
The government is planning to set up 25 integrated textile parks with an aim to enhance the competitiveness of the textile industry.
Traditional textile and art forms are being adapted into modern-day garments, ranging from the super-luxurious to the casual.
To counter demand contraction in key markets like the US and Europe, Indian textile exporters are exploring alternative markets like Japan, South Africa and Latin America. At present, only 4 per cent of India's textile exports go to these markets.
The Indian government on Thursday decided to exempt all textiles and textiles machinery manufactured in the country from a long-standing cess.
BJP workers depend on Annamalai's popularity to emerge victorious. He has has made 100 promises to be fulfilled in 500 days and assurances include cleaning up rivers, an international airport and food vans named after former Chief Minister K Kamaraj.
The textile sector seeks cut in Excise duty on MMF to provide level playing field and hike in allocation under Technology Upgradation Fund Scheme
The Apparel Training and Design Centre invites applications for training programmes in apparel and garment manufacturing technology.
Information technology (IT) and textiles could emerge as the possible areas of cooperation between West Bengal and the Hubei province in China.
Billionaire Mukesh Ambani's Reliance Industries and Tata Group have made it to the prestigious TIME's list of 100 World's Most Influential Companies of 2024. TIME called Reliance 'India's Juggernaut'. This is the second time that Reliance has found its way into the TIME list. Jio Platforms, the firm that holds digital properties of the conglomerate, was included in the inaugural TIME 100 Most Influential Companies List of 2021. Serum Institute is the other Indian company on the list.
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
He presented the first-ever National Creators' Awards at the Bharat Mandapam in the national capital.
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
Textile industry not only provides employment to a large section of skilled and semi skilled workforcebut also contributes over 15 per cent to the nation's industrial output.
Cut in TUFS scheme allocation is a major negative while extension of interest subvention for another year is positive; one time grant for TN govt, skill development initiative augurs well.
Textile industry is all set for a big boom. According to Central government sources, the textile industry will require an investment of Rs 1.94 lakh crore by 2012 to become an overall sector worth $110 billion.
The textiles sector is India's largest organised employer and critical for the prime minister's dream of creating jobs
Almost each of these companies has a different technology to show for the effectiveness against microbes.
Union minister for textiles Dayanidhi Maran said, "The making of the National Fibre Policy is in its final stages and will be ready by March end." He spoke at a seminar today, organised by the Confederation of Indian Industry on textiles. He declined to divulge details.
Since September last year, when everyone realised that the global economic meltdown could not be wished away, industry groups have been dishing out data on job losses. Among these is the Confederation of Indian Textile Industry, which said a million jobs had been lost in the last financial year. Most textile companies expect the situation to improve by October this year.
'I found it unbelievable that L&T said 45,000 jobs were waiting to be filled because of unavailability of suitable skillsets.' 'So, when the Opposition sweepingly says there are no jobs, I'm sorry... I'm not saying it's raining jobs, but there are jobs. The (skill) gap has to be bridged.'
From toys, footwear and furniture to insulated flasks, smart meters, and air coolers - the Central government over the last decade has mandated higher standards for production and imports of such items. Sample this: Till 2014, there were 14 Quality Control Orders (QCOs) covering 106 products. By the latest count, there are 156 QCOs on 672 products.
After Multi Fiber Arrangement is phased out, the textile industry of developing economies like India will have a reason to be optimistic about the long-term growth opportunity.
Mukesh Ambani-led Reliance Industries Ltd, which is engaged in the textile business apart from petroleum, has approached the Controller General of Patents, Designs and Trade Marks for a process patent to make thermoplastic polyester. RIL filed an application in this regard in March this year and the approving authorities have published the claims made by the company in their latest Patent Office Journal, giving public notice.
The government on Thursday said textile industry, facing the challenges of the post quota regime, has shown encouraging signals clocking 14.8 per cent growth in the first three quarters of this fiscal, but easing of entry-exit norms would further ben
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