Several Ahmedabad based textile process houses have decided to extend Diwali holidays to a fortnight as against the 3-5 holidays in previous years. Most of these fabric printing or dyeing factories were running at half of their production capacities in a week before Diwali due to low orders in
A recently released report states that the contribution of the Indian textile industry will almost double from the current 2.3 percent to 5 percent by 2020. The report titled ‘Decadal Outlook for Textile Industry’ was jointly prepared by the Confederation of Indian Industry and Primus Partners. The report further said that Gross Value Added (GVA) […]
In view of the requests from textile industry stakeholders’, the Ministry of Textiles has decided to extend the date of inviting fresh applications under the PLI Scheme up to December 31, 2023. Earlier the Ministry had extended the period for inviting fresh applications from the textile industry till August 31, 2023 and then to October […]
The Haryana Textile Association has expressed interest in investing Rs 2000 crore in Uttar Pradesh in a meeting with the Chief Minister Yogi Adityanath. A 21-member delegation of the association informed the Chief Minster that around 50 production units would be set up in the first phase. They said the investment is expected to create […]
Coimbatore based air compressor manufacturer Elgi Equipments has launched Air~Alert, an IoT-based Air Compressor Monitoring System in the Indian market. Air~Alert is a data transmission and analysis service that monitors critical parameters and sends out actionable insights and alerts to users. “With these insights, customers can improve uptime and maximise efficiency with
India has the capability to become the world’s biggest textile hub and the Indian textile sector has done commendable work, but should multiply their efforts, as a lot still needs to be achieved. This was said by Chief Guest and Textile Minister Piyush Goyal, while delivering the keynote address at the 11th Asian Textile Conference […]
The Indian textile sector will regain its lost glory and Tamil Nadu is going to be the vanguard of the revival. This was informed by Minister for Textiles Piyush Goyal, while speaking at the office of the Southern India Mills’ Association in Coimbatore. “Most developed countries are facing economic challenges. But I feel proud to […]