Without modernisation of its entire value chain, India can never become global champion in textile sector.
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CITI organised an interactive meeting with Ravi Capoor, Secretary, Ministry of Textiles, Government of India with the office-bearers of 48 textile Associations in South India representing the entire textile value chain.
Textile mills face a number of issues with the movement of raw materials such as cotton, yarn, and fabric from one department or machine, or floor to another.
The textile industry is keeping its fingers crossed over the emerging threat of coronavirus in the months to come.
Advanced textiles to apparel manufacturers are turning to their own creative ways to support the fight against the invisible enemy.
Ashwin Chandran of SIMA thanked Smriti Irani for the intervention, enabling CCI to offer volume based bulk discounts for its 2018-19 cotton and protecting the interests of MSME spinning mills by offering the discounts from 500 bales and restricting the same at 10,000 bales.
The Uttar Pradesh Government is likely to sign an agreement with textile major Raymonds to supply indigenous fabric for modern retail. The UP Khadi Board has already provided fabric samples to Raymonds, which is expected to procure 2,00,000 metres of UP Khadi annually.