The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.
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The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.
Tamil Nadu textile industry has reacted positively to the increase in budgetary allocation to the sector at Rs 7,140 crore but insists that concerns over pending funds under various schemes and erosion of pre-GST incentives still hurt the industry.
Union Minister Suresh Prabhu unveiled the Central government’s Rs 2,600 crore package for the leather and footwear industry, saying it had the potential of generating over three lakh jobs and formalising another two lakh in the next three years.
PK Singh, President of Luwa India Pvt Ltd, speaks on the importance of air engineering in the textile industry.
Deeper training would help to increase productivity and efficiency, much required vital factors for the apparel industry, to ensure long-term competitiveness, says Dr Darlie Koshy.
One of the pioneers of USTER STATISTICS tells the story of its origins and development.
This year USTER STATISTICS celebrates its 60th anniversary – so it is fitting to review the origins of this world-renowned textile benchmarking tool. And what better way than to hear the story first hand from someone who was closely involved right from the start? Peter Hättenschwiler, who devoted his entire working life to USTER, reveals the facts behind the remarkable success of a concept which was never actually intended to become quite so ‘famous’.