Union Minister of State for Textiles Santosh Gangwar said the national textile policy will be finalised soon and it is likely to be ready by the month of April. Speaking to Indian Textile Journal, Gangwar said, ´The national textile policy will be finalised soon. May be at the end of April.
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The long awaited new textile policy, which aims to create 35 million new jobs and boost exports to over $300 billion annually over the next decade, is likely to be unveiled, may be within the next two months, according to Santosh Gangwar, Minister of State for Textiles.
Total exports of textiles and garments from Vietnam to the USA gained a year-on-year increase of 11.7 per cent to US$9.88 billion from January to November 2015.
The Cotton Association of India (CAI) has released its December estimate of the cotton crop for the 2015-16 season, which began on 1st October 2015. The CAI has placed its December estimate of the cotton crop for the 2015-16 season at 357.00 lakh bales of 170 kg each.
A total of 20 Italian textile machinery manufacturers will be present at the upcoming edition of Colombiatex, to be held in Medellin from January 26-28, 2016.
There were 59 Spanish exhibiting companies at ITMA in Milan, of which 33 are associated to amec amtex, Spanish Textile Machinery Manufacturers Association.
The 57th AGM of the Confederation of Indian Textile Industry (CITI) held in Mumbai portrayed a dismal picture of the textile industry in India. It was none other than the Chairman, Prem Malik, who painted and highlighted the negative trends that are smothering all the hopes for the textile industry.