Browsing: textile sector

A budget of Rs 1,200 crore has been allocated by the Government of Telangana for the textile sector for the year 2017-18. Around Rs 373 crore will be used for the handloom sector, while Rs 827 crore has been allocated for powerlooms and its modernisation.

Assam will soon formulate a textile policy to boost the handloom and textile sector. The proposed policy will focus on integrating production and marketing of handloom and textile products, empowering weavers.

The Confederation of Indian Industry (CII) is organising a National Conference on Innovative & Water Efficient Processes in the Textile Sector Promoting Sustainability & Competitiveness on May 18, 2017 at New Delhi.

The Haryana Government’s recently announced textile policy, which aims for integrated development of the textile industry, is expected to make the State competitive for investments in the sector, rating agency ICRA said.