April 2, 2026
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Industry

SCZONE Unveils US$ 40 Mln Eroglu Garment Project

The Suez Canal Economic Zone (SCZONE) marked a major breakthrough on August 13, 2024, as Waleid Gamal El-Dien, Chairman of SCZONE, inaugurated the revolutionary ceremony for the US$ 40 million “Eroglu Garment” project. This venture, in collaboration with Turkish Eroglu Global Holding Group, is set to develop 64,000 square meters in the Qantara West Industrial
Industry

MoT Implements Major Handloom Sector Programs

The Ministry of Textiles (MoT) rolled out key initiatives to boost the handloom sector in India. The National Handloom Development Programme and Raw Material Supply Scheme provided extensive support, including financial aid for looms, infrastructure, and marketing. The Weavers’ MUDRA Loan Scheme offered margin assistance, interest subvention, and credit guarantees. Welfare