The Mamata Banerjee government is inviting investors to set up power looms and other textile related industries at the upcoming Integrated Textile Park at Ashoknagar and Banipur of Habra in North 24-Parganas.
Browsing: power looms
Bhiwandi has approximately 6.5 lakh power looms, which is 33 per cent of country’s total power looms. Out of 6.5 lakh, about 15-20,000 looms are automatic and mostly China made rapier, writes B Basu.
Maharashtra has started disbursing power subsidy of up to Rs 3.77 per unit to powerlooms, spinning mills and garment units.
For power loom weavers in Surat, Navapur, a border district in Maharashtra  about 100 km from Surat  has become the preferred destination for setting up weaving units.
The Odisha Government has set a target to produce 113.19 lakh sqm of textile and handloom products worth Rs 223 crore in the current fiscal with a jump of nearly 25 per cent from the previous year.
The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.
The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.