According to the sources, the new Textile Minister, Piyush Goyal is going to review a proposed 106.83 billion production-linked incentive (PLI) scheme related to products made of man-made fibre and technical textiles.
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According to the sources, the new Textile Minister, Piyush Goyal is going to review a proposed 106.83 billion production-linked incentive (PLI) scheme related to products made of man-made fibre and technical textiles.
Demand for higher throughput, less downtime, lower energy consumption and higher product quality in textile industry is increasing. B&R solutions help textile companies gain competitive edge in smart manufacturing and production effectiveness. In conversation with ITJ, Ninad Deshpande, Head – Marketing & Corporate Communication, B&R Industrial Automation Pvt Ltd, talks about getting ahead of competition with automation in the textile industry
Sanrhea Technical Textiles is a stock listed and an ISO 9001:2008 approved firm that set up its facility to manufacture industrial fabrics in 1997 as a small convertor and has grown over the years to become one of the largest and most reputed manufacturers of RFL – dipped fabrics for conveyor belts, tyres and other rubber products. Today, the company has an installed capacity of 160 tonnes per month. Tushar Patel, Managing Director, Sanrhea Technical Textiles speaks regarding the scope for technical textile in India and the future plans of the company.
In 2020 alone, Asia Pacific accounted for 51 per cent of the global textile market, making it the largest region. India is the second-largest manufacturer and exporter of textile and clothing in the world, with a 5 per cent share of global trade.
Ministry of Textiles is contemplating a New Textile Policy. At present, New Textile Policy has not been finalised and it is at draft stage.
Ministry of Textiles is contemplating a New Textile Policy. At present, New Textile Policy has not been finalised and it is at draft stage.