The Government of India has reduced the Central Excise Duty by 2 per cent on textile machinery besides increasing the allocation under the Technology Upgradation Fund Scheme (TUFS)
Browsing: Textile Industry
Chinas challenges may be Indias gain if the industry can capitalise on low cotton prices, leading spinners told at the USTER® Quality University.
Technical textiles have emerged as an important segment for not only to textile industry but for all material sciences and medical sciences. The Indian government has launched a massive programme for the promotion of technical textiles and material engineering.
Recently, Noble Laureate Vernon L Smith (2002 co-recipient of the Nobel Memorial Prize in Economic Sciences), while lecturing on the housing bubbles and recessions since 1929 to a standing room only
Computer-aided design (CAD) has brought a revolution in the textile industry, but CAD enables a methodology of study of consumer behavioural patterns and thereby defining trend directions having some limitations too, says Dhananjay Singh Tanwar.
The textile industry in India is one of the few industries which has the potential to emerge as a true global player. A well-devised action plan coupled with effective delivery mechanism can see India as emerging as a winner in the quota free market.