Open trade requires products and services which are needed at competitive prices and hence constant innovation helps, informs Dr Seshadri Ramkumar. Investments in technology and modernisation…
Browsing: Technology Upgradation Fund
The Federation of Indian Art Silk Weaving Industry (FIASWI) recently urged the government not to initiate legal action, under the Disaster Management Act, 2005, against cash-starved textile entrepreneurs who are unable to pay wages to their workers for April.
Textile industry has something to cherish in the Budget with the abolition of ADD on PTA imports, prioritisation of technical textiles sector, review of rules of origin in FTAs to curb imports from Bangladesh, and RoDTEP, NIRVIK and other measures taken.
Textile industry has something to cherish in the Budget with the abolition of ADD on PTA imports, prioritisation of technical textiles sector, review of rules of origin in FTAs to curb imports from Bangladesh, and RoDTEP, NIRVIK and other measures taken.
The Federation of Indian Art Silk Weaving Industry (FIASWI) has requested the ministry of textile to expedite financial assistance to weaving units in Surat under Technological Upgradation Fund Scheme (TUFS).
The Cotton Textiles Export Promotion Council (Texprocil) has urged the Government to disburse the committed support of about Rs 3,000 crore under Textile Upgradation Fund (TUF) scheme to help the industry tide over tough times.
P Nataraj, Chairman of the Southern India Mills’ Association (SIMA) has welcomed the increased allocation of Rs 7,148 crore that includes Rs 2,300 crore for Amended Technology Upgradation Fund (TUF) scheme and the balance for other schemes as against Rs 6,251 crore allocated during last year.