OS Manian, Tamil Nadu Handlooms and Textile Minister, said that the Tamil Nadu Handloom Weavers’ Co-operative Society Ltd, popularly known as Co-optex, has recorded total sales of Rs 315 crore in 2016-17.
Browsing: handlooms
The Andhra Pradesh Government is encouraging the textile sector in a big way and entrepreneurs should make use of the benefits being offered by the State as well as the special package given by the Union Government in the Budget to set up more units, according to K Srikanth Prabhakar, the Joint Director in the office of the Commissioner of Handlooms and Textiles, AP.
Minister for Textile and Handlooms KT Rama Rao requested all legislative leaders to encourage promoting and boosting of handlooms and handicrafts sectors across Telangana.
The Indian textile industry should cheer up now. Though the modalities of how the Rs 6,000-crore bonanza, announced by the Modi Government for the textile industry, will take shape, there are enough hints that in a very few months, proper steps will be revealed. Murmurs of dissatisfaction are fading away, and the Amended Technology Upgradation Fund Scheme (TUFs) seems to have got the nod of approval from the industry.
India is one of the fastest growing and promising economies today on the world map. With huge raw material availability and with stable Government, rapid industrial growth is forecasted in near future. Today, textile sector is one of the largest contributors to India´s exports with approximately 11 per cent of total exports.
The District Industries Centre, Department of Handlooms and Textiles, Lead Bank and RUDSET Institute have decided to organise a one-day mega job fair for both skilled and unskilled workers to work in the textile and garment sectors in Mysuru.
Severe competition on global level and lack of initiatives and direction on the domestic front have made a dent in India´s textile exports with a dip in figures for FY 2014-15, diminishing the scope of achieving the cherished goals. S Joseph & M Karthik take an overall look at the scene.