The Andhra Pradesh Government is encouraging the textile sector in a big way and entrepreneurs should make use of the benefits being offered by the State as well as the special package given by the Union Government in the Budget to set up more units, according to K Srikanth Prabhakar, the Joint Director in the office of the Commissioner of Handlooms and Textiles, AP.
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Maharashtra textile industry is a blend of culture and technology and provides resources for every investment in the entire value chain of textile industry, says Avinash Mayekar. Dreams are usually seen of the milestones which are not achieved till date, however, in case of Maharashtra textile industry, the dreams can be ‘achieving the same glorious past of Maharashtra witnessed during the golden days of British era’.
Given the economic, social, educational and administrative base, it is evident that Vidarbha is a case of unmet potential, feels Deepak Kulkarni. Vidarbha is the eastern region of the Indian state of Maharashtra, comprising Nagpur Division and Amravati Division. The largest city in Vidarbha is Nagpur.
Indian Texpreneurs Federation (ITF), an apex body of textiles mills in the region, has signed an MoU with National Skill Development Council (NSDC), to train 50,000 fresh workers in 15 job roles during 2017.
The Union Cabinet Chaired by the Prime Minister approved certain reforms to boost employment generation and exports in the made-ups sector that has been facing challenges in the international market due to high costs of production, non-refund of State levies, high tariff barrier when compared to the competing nations such as Pakistan, Vietnam, etc.
Teijin Limited announced that it would integrate its industrial-application polyester fibres business and the Products Converting Business Group to form the new Fibres & Products Converting Business Group next April 1, aiming to strengthen and expand these businesses under a new structure.
Kenya plans to revive its cotton industry, a major foreign-exchange earner until the 1980s, amid strong demand for lint from domestic mills and the potential to supply manufacturers exporting clothing and textiles to the U.S. under a preferential trade deal.