The predominantly cotton-based textile industry has become highly competent in terms of operational efficiency with the state-of-the-art technology, skilled manpower, high productivity, high quality, etc.
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The predominantly cotton based textile industry has been producing almost 75 per cent of the spun yarn from cotton and therefore, this industry has been subjected to crisis due to volatility in the prices.
The National Skill Development Corporation (NSDC) has announced Pradhan Mantri Kaushal Vikas Yojana Scheme (PMKVY) to facilitate the unemployed youth to get trained, certified and placed in various manufacturing sectors and gives financial assistance ranging from Rs 6,000 to Rs 12,000 depending upon the skill level and also Rs 2,500 for the existing employees to undergo recognition of prior learning training and get certificates.
The Indian textile industry, employing over 105 million people, has been pleading for several urgent measures relating to Technology Upgradation Fund (TUF) scheme, levies on man-made fibre duties, enhanced incentives under Focus Market Scheme to compensate partially, the disadvantages in the tariff rates for Indian textile products prevailing in various countries till the FTAs are finalised.
The Southern India Mills? Association (SIMA) jointly with PSG institutions established a Textiles Technical Training Institute (TTTI) exclusively for training the fitters and electricians at Nilambur, Coimbatore as one of its platinum jubilee commemoration activities.
We are extremely thankful for patronizing our unique event Texfair and actively participating in the 9th edition of Texfair 2015 and making the event as the best ever event organized by the association. The expo was well received by the industry people.
Cotton was the first fibre for mankind. Its history is replete with controversies.
Samuel Joseph attempts to delve into some of the recent contentious issues that have blurred the white gold´s image.