Tag: MSME
Profectus Capital profit for H1FY24 rises by 129%
Net profit before tax for the half year up at Rs 32.80 crore, 129 per cent rise. Profectus Capital (PCPL), an NBFC backed by Actis, ... Read More
Financial solutions to unleash the growth of MSMEs in the textile industry
With the financial access now bridged, MSMEs in the textile sector need to focus on integrating technology into their processes which will help ensure that ... Read More
Global textile and apparel trade likely to reach $ 1.2 trillion by 2030: FICCI – Wazir Report
Need transformational changes for textile industry - manufacturing excellence, responsible production, leveraging technological capacities, says Roop Rashi, Textile Commissioner, Ministry of Textiles, GoI. FICCI-Wazir Advisors released ... Read More
MSME spinning mills in Tamil Nadu stop production and yarn sales
For the first time in the last 20 years, exports of yarn and textiles have declined by around 28 per cent. In an emergency meeting ... Read More
Union budget 2023-24: A budget that will spur growth
Since the demand for technical textile is increasing at a breakneck speed, the government has realised its potential and has allotted Rs 450 crore to ... Read More
TAI Mumbai organised lecture on ‘budget highlights 2023’
The lecture included important highlights on the budget allocation to the various industries, boards, and development programs along with guidance on "How to read the ... Read More
Plans call for a PLI-type scheme to replace the textile tech fund
ATUFS was announced in January 2016 with a budget of Rs 17,822 crore with the goal of attracting about Rs 95,000 crore in new investments. ... Read More