TUF scheme of the Ministry of Textiles, Government of India can be cited as one of the best examples to demonstrate the influence of government fiscal policy and focused financial assistance
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Despite having production capacity, India lost production opportunity of 5,00,000 tonne in volume and Rs 5,000 crore in value.
The National Skill Development Corporation (NSDC) has announced Pradhan Mantri Kaushal Vikas Yojana Scheme (PMKVY) to facilitate the unemployed youth to get trained, certified and placed in various manufacturing sectors and gives financial assistance ranging from Rs 6,000 to Rs 12,000 depending upon the skill level and also Rs 2,500 for the existing employees to undergo recognition of prior learning training and get certificates.
The 13th edition of ´INDO inter TEX 2015´, the Indonesia International Textile and Garment Machinery & Accessories Exhibition, organised jointly by PT. Peraga Nusantara Jaya Sakti, Indonesia, received a tremendous response from 452 exhibitors from 24 countries, including 17 Indian exhibitors.
It was the textile technology show with everything. From the USTER viewpoint, the recent ShanghaiTex 2015 was a multi-faceted success: important contracts concluded, new deals initiated, market insights, and more visitors for USTER, up 7 per cent on the previous edition. And, unfortunately, there was also more rain ´ heavy downpours which kept the overall attendance at ShanghaiTex 2015 somewhat below expectations.
The Segment Manmade Fibers of the Swiss Technology group Oerlikon will be opening an additional service centre in Dalton, Georgia, the heart of the American carpet industry. The official opening will take place on August 13, 2015. ´
Founded in 1835 as a family business, Bräcker AG soon developed into a specialist for key products in the textile industry. Bräcker as technology leader with its own structures in development, production and marketing, supplies: top performance ring/traveller systems for ring spinning machines, inserting tools, cleaning devices, spinning tubes, cots & aprons, and maintenance machines.