Helped by the government’s special package and marketing plans, India’s textiles and apparel exports are expected to touch $50 billion mark this fiscal from $38 billion in FY16, a senior official said July 2, 2016. The Union Cabinet last week approved a Rs 6,000-crore package for the …
Tag: textile
Suzlon bags 81.90 MW Turnkey orders
Suzlon said it has won orders for a combined capacity of 81.90 MW across various segments including textile, chemical, food and agro in the domestic market. “The orders have been received from an assortment of customers representing SMEs across diverse industry segments including food and a…
New Textile Policy likely by April
The long awaited National Textile Policy is nearing finalization and is likely to be issued before April end, Textiles Minister Santosh Kumar Gangwar has said. After participating in the Make in India Week at Mumbai, Gangwar said that consultations with all stakeholders are in progress and he is …
Karnataka woos textile investors
The Karnataka government is pitching for global investments in the textile sector.The State is home to 70 large and medium textile companies and more than 50,000 small units operate under the Micro, Small and Medium (MSME) categories. “The textile industry occupies an important position in the in…