The new textiles policy will focus on a three-pronged approach to boost the growth of Indian handicraft sector, which is facing tough competition from international players.
Month: March 2017
The opening of ContiTech?s new facility for coated fabrics marks a special milestone in the company?s history in China. It is the first international production site for elastomer coatings outside Germany.
In view of promoting green power, the Northern India Textile Research Association (NITRA) has decided to install grid-connected roof-top solar power plant at its building. The plant is estimated to be fulfilling about 60-70 per cent of NITRA’s total power consumption in first phase.
Today solar energy has established itself as one of the most non-conventional energy resources to steadily replace conventional energy sources such as the hydro electricity and thermal power, as the production of conventional energy is not likely to meet the future electricity demand of the world.
Textile mills have started to import cotton from West Africa and the US as the landed costs are on par with the prevailing market price in the country.
The Southern India Mills Association (SIMA) has urged Edapadi Palaniswami, the Chief minister of Tamil Nadu to remove 1 per cent Agricultural Market Committee Cess on cotton and cotton waste for the state budget of 2017-18.
In order to meet the growing demand, the Karnataka Silk Industries Corporation (KSIC) is setting up a second integrated silk weaving unit in Mysuru at a cost of Rs 24 crore, which will begin operations by July 2017.