MARKET & ECONOMY
In order to provide employment to the womenfolk of Sircilla textile town in Telangana, the State government launched a training-cum-production centre to produce garments at the textile park on outskirts of Sircilla.
The Cabinet Committee on Economic Affairs (CCEA), chaired by PM Narendra Modi, has given its approval for the increase in the minimum support price (MSP) for raw jute for 2017-18 season to protect the economic interests of the farmers.
NSFDC under the Ministry of Social Justice and Empowerment signed an MoU with the Development Commissioner (Handlooms) to help SC weavers and their families by promoting production and marketing of high-value quality handlooms products.
Mumbai-based InORBIT Tours Pvt Ltd will provide special travel packages for Indian visitors at ShanghaiTex 2017, which will be held at Shanghai New International Expo Center, Pudong, Shanghai, PR China on November 27-30, 2017.
Organised by the International Expo Consults (IEC) as part of Falak Holding, the Sign and Graphic Imaging (SGI) Dubai 2018 show will be held from January 14-16, 2018 at DWTC Dubai, UAE.
The Khadi and Village Industries Commission (KVIC) is planning to set up 7 to 8 khadi centres in Meghalaya this year, said the organisation’s Chairman Vinay Kumar Saxena.
ITM 2018, the International of textile, yarn, knitting, weaving, dyeing, printing, finishing and hosiery machinery, sub-industries and chemicals, organised by Tüyap Fairs and Exhibitions Organization Inc & Teknik Fairs Inc partnership with the Cooperation of TEMSAD (Turkish Textile & Machinery Industrialists Association) will be held 14-17 April, 2018 at TÜYAP Fair Convention and Congress Center, Istanbul – Turkey.
India’s Prime Minister Narendra Modi will inaugurate Textiles India, a mega event comprising conferences and exhibition, and showcasing the country as a global sourcing hub in Gandhinagar on June 30, 2017. The Union Ministers and key policymakers along with industry leaders are expected to will deliberate upon issues and challenges faced by the sector.
Siemens is driving forward the expansion of its cloud-based open IoT operating system MindSphere with new partnerships, new apps and extended connectivity. The company will be joining forces with its partners at the Hannover Messe to showcase around 50 apps providing a range of new functions such as reducing security risks or improving the availability of connected machines and plants.