India, backed by a $ 1 million support, has assisted upgrade one of its largest vocational textile training centres (VTC) with latest technologies.
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Textile mills in Coimbatore are in dire straits with market pundits predicting that cotton prices are unlikely to fall until the next season that starts in October.
ICRA, an Indian independent and professional investment information and credit rating agency, opines that a 12 per cent (lower rate) recommended by the Dr Arvind Subramanian Committee will have a negative impact on the textile sector, especially the cotton value chain, which is currently attracting zero central excise duty (under optional route); unlike the man-made fibre sector, where the fibre attracts excise duty at the manufacturing stage (unlike cotton).
The India’s Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Textiles have signed a memorandum of understanding (MoU) to develop the Indian handloom industry with skill development.
The India’s Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Textiles have signed a memorandum of understanding (MoU) to develop the Indian handloom industry with skill development.
The India’s Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Textiles have signed a memorandum of understanding (MoU) to develop the Indian handloom industry with skill development.
India and Turkey have their own advantages & disadvantages, says Raj Tilgul of Rama Dis Tic. ve Danismanlik Ltd, in an in-depth SWOT analysis of these two most important textile countries.
India and Turkey are one of the major textile producing and trading countries in the world. There is always a clash of interest as to who is going to export to whom and when, as Turkey is one way a competitor to India and on the other hand a buyer as well. Below is a detailed SWOT analysis and recommendations to both the countries or their trade associations in order to smoothen and develop sustainable trade relations.