Industry

CITI Chairman Highlights Opportunities At TMMA AGM

Textile Insights September 24, 2024

CITI Chairman Rakesh Mehra addressed the 64th AGM of the Textile Machinery Manufacturers’ Association (TMMA) on September 19th, 2024 at Mumbai, emphasizing the association’s pivotal role in advancing India’s textile machinery sector. Mehra congratulated TMMA for its significant

Economy

India’s Textile Sector Gets 28% Budget Hike

Textile Insights July 25, 2024

India’s textile sector is poised for growth with a 28% increase in the Budget allocation for 2024-25, said Northern India Textiles Mills Association (NITMA) President Sanjay Garg. This significant boost in funding is expected to drive innovation, enhance productivity, and create new opportunities for the textile industry. The increased investment underscores the

Industry

Several Initiatives From Maharashtra To Become Textile Hub

Textile Insights March 27, 2024

Advancing its vision of establishing itself as a textile hub, Maharashtra has committed to developing 18 mini textile parks among various other initiatives. “These mini textiles parks will attract investment of Rs 1,800 crore and create employment for 36,000 people,” Chandrakant Patil, Textile Minister, Maharashtra wrote in the Financial Express. Furthermore, the

Textile Park

PM MITRA Parks To Attract Large Investments & Huge Employment

Textile Insights March 4, 2024

Expeditious implementation of seven PM Mega Integrated Textile Regions and Apparel (PM MITRA) parks will help in attracting large investments besides generating huge employment. During inauguration of Bharat Tex 2024, Prime Minister Narendra Modi threw light on plans to create seven PM MITRA parks in various states and underlined the emphasis on the creation of […]

Corporates

AEPC Celebrates 46th Foundation Day

March 3, 2024

Apparel Export Promotion Council (AEPC) celebrated its 46th Foundation Day at its headquarters at Apparel House in Gurugram. The event began with lighting of lamp and cutting of cake. Sudhir Sekhri, Chairman AEPC, Rakesh Vaid, Vice Chairman ATDC, HKL Magu Past Chairman AEPC, Gautam Nair, Committee Member, Mithileshwar Thakur, Secretary General AEPC and staff members […]

Textile Park

Narendra Modi To Lay Foundation Stone Of Navsari PM-MITRA Park

Textile Insights February 19, 2024

Prime Minister Narendra Modi will lay the foundation stone of the Prime Minister Mega Integrated Textile Regions and Apparel (PM MITRA) Park on February 22 in Navsari district of Gujarat. The PM MITRA Park in Navsari which was conceptualised in July 2023 spans 1,142 acres and is expected to attract substantial investments and generate employments […]

Textile Park

No Allocation For Kakatiya Mega Textile Park In Telangana Budget

Textile Insights February 13, 2024

In the budget presented for 2024-25, the Telangana government did not announce any allocation for the massive Kakatiya Mega Textile Park (KMTP) in the state. Touted as a fibre-to-fabric facility, the foundation stone of KMTP was laid seven years back, but is still to be operational and was supposed to provide employment to 60,000 people. […]

Policies

UP’s Budget Allots Slew Of Provisions For Textile Industry

Textile Insights February 7, 2024

The Uttar Pradesh government has allotted Rs 400 crore for the Atal Bihari Vajpayee Powerloom Vidyut Flat Rate Yojana to boost prospects of the state’s powerloom sector in its recently announced budget. A Textile Park of around 1,000 acres near Lucknow and being set up under the PM Mega Integrated Textiles Region and Apparel (PM-MITRA) […]

Corporates

Datatex Strengthens Presence In Indian & Pakistani Textile Markets

November 5, 2023

Datatex, a global leader in IT solutions for the textile industry, is expanding its footprint in the Indian and Pakistani markets. Having been active in India through partners and resellers since the early 2000s, Datatex made a significant move in 2017 by establishing its Bangalore office, now employing over sixty professionals. Datatex’s commitment to the […]