Month: October 2021

Union Minister Piyush Goyal has called for developing 100 Indian textile machinery champions recognised across the world and reducing import dependence of the sector through concerted efforts between the textile engineering industry and the government.

India should target a “realistic” goal of $65 billion worth of textile exports in the next five years, industry body CII and global management consulting firm Kearney have said in a report, adding the government’s aim of $100 billion of exports is a “very steep goal”.

Telangana Information Technology and Industries Minister KT Rama Rao informed about the reforms brought out by the government to attract investments and also about the TSiPASS to the European Business Group (EBG).

Even as cotton has started fetching as high as Rs 8,300 per quintal, its arrival in the mandis across the state is delayed. Experts attribute the decline to farmers’ anticipation of higher prices and pink bollworm attack