Tag: Smriti Irani

Smriti Irani’s sales pitch: Brand Indian silk to get more buyers

Union Textiles Minister Smriti Irani emphasised on the urgent need for branding Indian silk both at home and abroad so that its products find more overseas buyers and yield better value realisation. The Minister was speaking at the inauguration of the 5th India International Silk Fair being held …

Silk fair expected to generate $50 mn SME business

The 5th edition of India International Silk Fair is expected to generate a business of over $50 million for SMEs engaged in producing silk and silk blended garments, fabrics and floor coverings. The flagship product-specific exhibition, organised by the Indian Silk Export Promotion Council (ISEPC…

Import of second hand machines hurting textile industry: Smriti Irani

New Delhi:  Import of second hand machinery with subsidies provided by the government is affecting the technical textile sector and garment designers, Union Minister Smriti Irani said. “If you look at the Indian economy from a textile perspective, most of our subsidies have gone in importin…

Higher insurance cover for handloom weavers in the works

The Textiles Ministry proposes to increase the level of insurance cover for handloom weavers, a sector that’s on the government radar for job creation, more than three-fold in some cases. The Mahatma Gandhi Bunkar Bima Yojana provides insurance to handloom weavers in the case of natural and accid…

Union Textile Ministry plans to fight off cheap Bangladesh import of jute

The Union Textile Ministry is considering policy intervention, both long-term and short- term, to address the issues impeding the growth of the jute industry. It plans to fight off cheap Bangladesh import of jute in the country and revive the growth of the jute industry upon which the economy of …

Andhra to get India’s first textile city

India’s first integrated textiles city is likely to come up in Andhra Pradesh. The central government has already initiated the process of identifying land, technology and expertise for the same. According to sources, Textiles Minister Smriti Irani has spoken to Andhra Pradesh Chief Minister N Ch…

Handicraft exports see 8.46% increase in 2015-16: Smriti Irani

India’s handicraft exports have increased by more than 8 per cent during the last fiscal, touching nearly Rs 31,000 crore, Textiles Minister Smriti Irani said in Lok Sabha. “According to the provisional data available, the exports of handicrafts have shown an increase of Rs 2,414.79 c…

MoU signed to scale-up handloom & textile sector

The government has embarked on linking its skill development initiative with its programme to develop handloom industry. MoU in this regard was signed between the Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Textiles here on National Handloom Day to “bring a…