Post by: Arnold Thomas in Government Initiatives
Tamilnadu New Integrated Textile Policy 2019 The Tamilnadu State Government has introduced the New Integrated Textile Policy 2019. The policy aims at maintaining the growth of the textile value chain and to promote the technical textiles. The policy provides support to…
Post by: Arnold Thomas in Government Initiatives
Service Centre Scheme for Knitting and Knitwear Clusters The knitting and knitwear sector are the major segments of the entire textile value chain. It contributes about 27 percent of the total fabric production and about 15 percent of the knitted fabric…
Post by: Arnold Thomas in Government Initiatives
Apparel Park Considering the stable demand for Indian-made textiles, the central government launched the Apparel Park for Exports scheme. It provides financial assistance to set up apparel parks that house textile manufacturing units. The focus is on making high-quality textiles…
Post by: Arnold Thomas in Government Initiatives
Scheme For Integrated Textile Park (SITP) To afford a world-class infrastructure and to build trust in the Textile Industry, the Indian Government has launched a Scheme for Integrating Textile Parks (SITP). About the Scheme In the year 2005, the Government…
Post by: Arnold Thomas in Banking Government Initiatives
Incentive Scheme for Acquisition of Plants and Machinery (ISAPM) Jute is one of the main cash crops and has been one of the major income-generating industry in India. It approximately brings revenue around Rs.1,000 crores per year and provides direct…
Post by: Arnold Thomas in Government Initiatives
Relief to Textile Sector & MSMEs To resolve the issues and challenges faced by the Textile sector and Micro, Small and Medium Enterprises (MSMEs), Union Minister for MSME, Shri. Nitin Gadkari pointed out the measures taken by the government to…
Post by: Arnold Thomas in Government Initiatives
Rebate of State Levies (RoSL) Government of India (GoI) has approved the Rebate of State Levies (RoSL) scheme to support the textile sector to boost increase the competitiveness among the global market and create new employment opportunities. Outline of RoSL…