MARKET & ECONOMY
The 6th edition of Techtextil India Symposium, scheduled for September 8-9, 2016 at Holiday Inn, Mumbai, will highlight the prowess of technical textiles and nonwovens sectors across the globe. Several editions of the conference have been held over the past years in Frankfurt, India, Middle East and Russia. In India, the symposium has been the centre of discussions, deliberations and dialogues among the key stakeholders.
The DGFT has notified vide Public Notice No. 67/2015-2020 dated March 30, 2016 that ?Textiles Committee? would also be one of the competent agencies to issue Certificate of Origin (COO) under certain Free Trade Agreements (FTAs)/Preferential Trade Agreement(PTAs) along with the other Authorised Agencies.
The Gujarat government is planning to set up India?s first textile university at Surat, Gujarat with an investment of about Rs 800-900 crore.
The Government of Andhra Pradesh has proposed to drastically slash power tariff to spinning mills in the State to uplift the textile industry.
India’s first integrated textiles city is likely to come up in Andhra Pradesh. The proposed textile city will be built on the lines of the China Textile City in Keqiao district.
The Union Minister of Textiles Smriti Irani has asked the Textile Commissioner to get a detailed feedback on issues faced by powerloom sector.
The Gujarat government is planning to set up India’s first textile university at Surat, Gujarat with an investment of about Rs 800-900 crore. Construction for the university will start early next year and the university is expected to be operational within the next one-and-a-half years. The aim of the university is to provide all kind of support including technology, R&D, skilled manpower, etc. The university will create a complete eco system for the textile industry in Gujarat and India. It will guide the Government in policy making for the industry.
The Union Minister of Textiles Smriti Irani has asked the Textile Commissioner to get a detailed feedback on issues faced by powerloom sector.
The Gujarat government is planning to set up India?s first textile university at Surat, Gujarat with an investment of about Rs 800-900 crore.