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PLI scheme a shot in the arm for MMF & tech textiles
On November 11, 2020, the Union Cabinet gave its approval to extend the PLI scheme to textile products along with nine other new sectors entailing additional financial outlay of Rs 1,460 billion over a five-year period.
NITMA hails removal of ADD on acrylic fibre
Sanjay Garg, President, NITMA said that NITMA wholeheartedly welcomes the Government’s decision to revoke the anti-dumping duty (ADD) on acrylic fibre (AF) originating in or exported
Focus on value-added MMF segment: CITI AGM
Ravi Capoor, IAS, Secretary, Ministry of Textiles, advised the stakeholders to focus on value added MMF segment, technical textiles, scale of operation and indigenous textile machinery manufacturing facilities to make Indian textiles and clothing industry globally competitive and grab the post-COVID-19 opportunities.
TexMin announces new PPE rules
The Ministry has laid down new norms, which require a Unique Certification Code called UCC-Covid19 and a tamper-proof sticker in indelible ink specifying details of the manufacturer.
2019 in review: The year that was
The production of the Textile Engineering Industry (TEI) recorded a decrease of 1 per cent viz. Rs 6,865 crore in 2018-19 as against Rs 6,900 crore achieved during 2017-18.
AITD unveiled during IPF Awards 2018
The All India Textiles Directory (AITD)—a renewed attempt by the Indian Textile Journal—was unveiled by Ajit Chavan, Secretary, Textile Committee, Ministry of Textiles, during the 3rd IPF Excellence Awards 2018, which was held at National Stock Exchange on December 13, 2018.