The government will soon announce a special package for the knitwear industry, Textiles Minister Smriti Irani said on May 22. Incidentally, the employment-intensive and export-oriented knitwear industry is among the sectors hurt by demonetisation and rupee appreciation. Irani had recently visited…
Tag: Scheme for Integrated Textile Parks (SITP)
Govt reviewing scheme for integrated textile parks
The Indian government is reviewing the Scheme for Integrated Textile Parks (SITP) after a recent report commissioned by the Ministry of textiles found that the scheme has failed to achieve its objectives. The primary objective of the SITP is to provide the industry with worldclass state-of-the-ar…