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Banana fibre venture yet to take off
The plan of Tamil Nadu Handicrafts Development Corporation Limited (TNHDCL) and Confederation of Indian Industry (CII), Tiruchi, to support ventures for large-scale extraction of banana fibre is yet to take off in Tiruchi region.
Textile exports rise $35.67 billion in 2017-18
The exports of textiles item have increased to $35.67 billion in 2017-18. The Government has fixed export targets for textile and apparel including handicrafts for 2018-19 at $47.29 billion.
Odisha to set up 3 textile parks
Odisha is planning to setup three textile parks to encourage investments in the textile sector, which is one of the focus sectors for the State, Minister of Handlooms, Textiles & Handicrafts, Snehangini Chhuria said.
Arts & crafts display at Heimtextil India
Now in its 5th edition, the organisers of Heimtextil India & Ambiente India have tied up with the Council of Handicrafts Development Corporations to display India’s heritage art and crafts.
Incentives for handlooms
The labour intensive sectors which are mostly micro, small and medium enterprises (MSMEs) like handloom, handicraft, leather, sports goods etc have been provided with duty free entitlements with effect from July 1, 2017.
India’s textile market to touch $250 bn in 2 years
India’s textile sector accounts for 10 per cent of the country’s manufacturing production, 5 per cent of its GDP, and 13 per cent of its export earnings, said a study released by the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
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