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TexMin increases yarn banks’ corpus fund
Powerloom weavers in Pandesara and Ved Road industrial areas of Surat, Gujarat will be able to procure yarn-raw material for the polyester fabric at concessional rates with the Ministry of Textiles increasing the corpus fund for India’s first yarn banks in the city from Rs 1 crore to Rs 2 crore.
Allow small powerloom units to withdraw more money: FIASWI AGM
The 39th Annual General Meeting of the Federation of Indian Art Silk Weaving Industry (FIASWI) was held in Mumbai on the December 14, 2016. Arunchandra N Jariwala has been declared as Chairman, EMERITUS. Bharatbhai T Gandhi, Director, Bell Textiles Pvt Ltd, Surat, was elected as Chairman of FIASWI for 2016-17.