Wednesday, 26 April 2017
INDIA, KAZAKHSTAN TO INCREASE COOPERATION IN TEXTILES
Indian and Kazakhstan are deliberating upon increasing cooperation in textiles sector and exploring export of raw cotton from South Kazakhstan to India for processing in Indian enterprises. The issues were discussed by the Kazakh-Indian Joint Working Group for cooperation in textiles during Apri..
Tuesday, 25 April 2017
GST reflects 'One nation, One aspiration' spirit: Modi
Prime Minister Narendra Modi has said that the Goods and Services Tax (GST) shows the strength and resolve of the federal structure. Consensus on GST will go down in history as a great illustration of cooperative federalism and the tax reform reflects the spirit of 'One nation, One aspiratio..
Monday, 24 April 2017
MINISTRY OF TEXTILES PRESENTS A CURTAIN RAISER TO ‘TEXTILES INDIA 2017’
Celebrating the diverse crafts and textiles of India, the Crafts Museum in national capital was a vibrant place on Tuesday evening. The Ministry of Textiles presented a curtain raiser to 'Textiles India 2017', the first ever global B2B Textile and handicrafts event in India. The event br..
Saturday, 22 April 2017
Strong rupee & weak trade to affect textile exporters
Textileand apparel exporters' earnings and EBITDA margins will be impacted in the near term due to the Indian rupee's 5 per cent appreciation against the dollar in 2017 year to date and weak apparel imports from markets such as US and UK, says a recentreport. The on-going strength of the..
Friday, 21 April 2017
Indian handmade carpets may get govt trademark
India’s handmade carpets may get a government trademark which will help ensure that products comply with standards and quality benchmarks. The move is important since India is a lading exporter of handmade carpets with 40 per cent share of world’s handmade rug market at around Rs 9,0..
Thursday, 20 April 2017
Textiles India 2017 to be India's 1st global B2B event
Textiles minister Smriti Irani at the curtain raiser event of Textiles India 2017, in New Delhi. Minister of state for textiles Ajay Tamta and other dignitaries are also seen. Courtesy: PIB
The ministry of textiles has presented a curtain raiser to ‘Textiles India 2017’, position..
Wednesday, 19 April 2017
Government to aid scheduled caste handloom weavers
Textiles minister Smriti Irani and minister of social justice & empowerment, Thaawar Chand Gehlot, and other dignitaries presenting tool kits to SC handicrafts artisans. Courtesy: PIB
The National Scheduled Castes Finance and Development Corporation (NSFDC) and Development Commissioner (..
Tuesday, 18 April 2017
GST: GOVERNMENT LOOKING TO KEEP SINGLE RATE FOR EACH PRODUCT GROUP TO AVOID COMPLEXITY
NEW DELHI: After having opted for multiple rates under the upcoming goods and services tax (GST) regime, India is now looking to keep variations in rates on the same types of products at a minimum to ensure that the tax structure does not get any more complicated. For example, all types of footw..
Monday, 17 April 2017
INDIAN GOVT INCREASES RAW JUTE MSP BY 9.4%
The Cabinet Committee on Economic Affairs (CCEA), chaired by PM Narendra Modi has given its approval for the increase in the minimum support price (MSP) for raw jute for 2017-18 season to protect the economic interests of the farmers. It has been increased to Rs 3,500 per quintal for 2017-18, an..
Saturday, 15 April 2017
Indian Government to revive Odisha Textile Mills
Odisha (India) Government has shown immense interest in the revival of Odisha Textile Mills (OTM).
After a high-level meeting,Debi Prasad Mishra, Industries Ministerof the state, said, “Decision on restarting OTM was pending in court since 2001 and the State Government is hopeful to re..
Thursday, 13 April 2017
UK-INDIA FTA MAY PUMP UP TRADE BY 26% A YEAR: REPORT
A UK India Free Trade Agreement could increase bilateral trade by 26 per cent a year, according to recent analysis published by the Commonwealth Secretariat. Driven by a growth of UK exports to India, which could rise by an estimated 33 per cent per annum, a free trade agreement (FTA) could give..
Wednesday, 12 April 2017
INDIA, OZ COMMITTED TO EARLY CONCLUSION OF CECA: LEADERS"
India and Australia on Monday reaffirmed their commitment to the conclusion of a commercially-meaningful Comprehensive Economic Cooperation Agreement (CECA), which addresses the priorities of both sides. In a joint statement issued at the end of talks between Prime Minister Narendra Modi and his..
Tuesday, 11 April 2017
INDIA’S BILATERAL INVESTMENT PACTS UNDER CLOUD
India has discontinued bilateral investment treaties (BITs) with most of its prominent trading partners, with termination notices given to as many as 58 countries, including EU states. All the BITs expired on April 1. According to sources, just a handful of countries — Tajikistan, Turkmeni..
Monday, 10 April 2017
Parliament clears four GST legislations
Parliament has cleared the four Goods and Services Tax (GST) legislations – Central GST, Integrated GST, GST Compensations bill and Union Territory GST – which were returned by Rajya Sabha after it negated multiple amendments that were moved by the opposition parties. The clearing of..
Saturday, 8 April 2017
Govt launches PowerTex India scheme for powerloom sector
The Union government has today announced a comprehensive scheme for powerloom sector development. The scheme was launched by Union textiles minister Smriti Irani through video conference at Bhiwandi, Maharashtra and also in all powerloom centres across thecountry, including Erode. The scheme wou..
Thursday, 6 April 2017
GOVERNMENT TO TABLE GST BILL IN RAJYA SABHA ON WEDNESDAY
The Narendra Modi government will table Goods and Services Tax (GST) Bill for discussion in Rajya Sabha on Wednesday. Union Finance Minister Arun Jaitley will present the bill in the Upper House as the government seeks to roll out the the pan-India tax regime on July 1. Notably, the Lok Sabha ea..
Wednesday, 5 April 2017
INDIA TO BECOME MORE INFLUENTIAL IN ASIA-PACIFIC IN NEXT 5 YEARS: REPORT
NEW DELHI: India is likely to become significantly more influential in Asia-Pacific in next five years and the number of cross-border transactions involving Indian companies is also set to increase, says a report. According to a new report by global law firm Baker McKenzie and Merger market, 90 ..
Tuesday, 4 April 2017
INDIA STEPS UP BLACK MONEY HUNT; SEEKS SWISS BANK DETAILS OF 10 SUSPECTS
Stepping up its hunt for black money stashed abroad, India has approached Switzerland for banking details of at least ten persons and entities suspected to have kept untaxed money in Swiss banks. These include two listed textile companies, while others are associated with an art curator and his ..
Saturday, 1 April 2017
Indian Carpet Expo showcases Indian artisans' skills
The Indian Carpet Expo was successfully held in Delhi with an aim to promote the cultural heritage and weaving skills of Indian hand-made carpets and other floor coverings amongst the visiting overseas carpet buyers. The event was an ideal platform for international carpet buyers to establish bu..
Friday, 31 March 2017
Ulster acquires technical textiles machinery manufacturer Griffith
North Ireland-based Carpet manufacturer Ulster Carpets has acquired Griffith Textile Machines (GTM), a UK-based manufacturer of technical textiles machinery. Ulster reports that the purchase of Griffith consolidates a long-standing relationship between the two companies.
In the first phase o..
Thursday, 30 March 2017
Lok Sabha approves 4 supplementary GST legislations
The Lok Sabha has approved four supplementary Goods and Services Tax (GST) legislations – the Central GST bill, Integrated GST bill, Compensations bill and Union Territory GST bill. The bills were passed after a number of amendments moved by the opposition parties were negated. This bill i..
Wednesday, 29 March 2017
New textile policy to focus on handicraft
The newtextilepolicy is expected to focus especially on handicraft sector and give incentives for expansion of its production base for quality manufacturing. It will have a three-pronged approach to boost the sector which is currently facing competition from international players. The policy wil..
Monday, 27 March 2017
India negotiating bilateral trade agreement with EU
India is negotiating a broad based BilateralTradeand Investment Agreement (India-EU BTIA) with the European Union. The negotiations started in 2007 and 16 rounds of negotiations have been held so far, however, there has been no agreement on it. Ministry of textiles is in constant touch with mini..
Saturday, 25 March 2017
Welspun India re-appoints Rajesh Mandawewala as MD
Welspun India Ltd., India’s leading textile conglomerate,has re-appointedRajesh Mandawewala as the Managing Director.His re-appointment has been approved by the Board for a period of five years effective April 1, 2017.
Mandawewala, whose term is going to end on March 31, is the co-prom..
Friday, 24 March 2017
SIMA advises mills to avoid panic buying of cotton
The Southern India Mills' Association (SIMA) is advising mills to avoid panic buying ofcottonas its price that was ruling around Rs 38,000 to Rs 39,000 per candy of 355 kgs during the beginning of the season for the benchmarked variety of Shankar-6, is currently ruling around Rs 43,500 to Rs..
Thursday, 23 March 2017
Only 10% of Indian textile items belong to technical textiles: Textile Commissioner
Only 10 per cent of Indian textile products belong to technical textiles compared to developed nations such as Germany where 50 per cent of textile products belong to technical textile category, informed Dr. Kavita Gupta, Textile Commissioner, Ministry of Textiles at the recently concluded ..
Wednesday, 22 March 2017
H.B. Fuller expands capabilities in India
H.B. Fuller has officially opened its business office in Pune in India and a new research and development centre in its Shirwal manufacturing facility. The developments mark the conclusion of its first phase of investment of $20 million in India. This expansion strengthens the company's comm..
Tuesday, 21 March 2017
Cabinet approves IGST, CGST, UTGST & compensation bills
The Union Cabinet chaired by Prime Minister Narendra Modi has approved the four Goods and Services Tax (GST) bills – Central GST (CGST), Integrated GST (IGST), Union Territory GST (UTGST) and the compensation bills. The bills were approved by the GST Council after thorough, clause by claus..
Saturday, 18 March 2017
GOVERNMENT LAUNCHES RS 600 CRORE SCHEME FOR DEVELOPING EXPORT INFRASTRUCTURE
The government today launched a Rs 600-crore scheme - TIES - for developing export linked infrastructure in states with a view to promoting outbound shipments.
Launched by Commerce and Industry Minister Nirmala Sitharaman, the Trade Infrastructure for Export Scheme (TIES) seeks to bridge th..
Friday, 17 March 2017
TEA welcomes Tamil Nadu's tax free budget
Tiruppur Exporters' Association (TEA) has welcomed the tax free Tamil Nadu Budget 2017-18, which has been presented in Tamil Nadu Assembly by D Jayakumar, the state's minister of finance. The association said that the people will benefit from the schemes announced in the budget that incl..
Wednesday, 15 March 2017
Outlook for cotton textiles to be stable in FY18: Ind-Ra
The outlook forcottontextiles has been revised to stable for FY18 from negative in FY17 by credit rating agency India Ratings and Research (Ind-Ra). It has also revised its outlook for synthetic textiles to stable for FY18 from negative for FY17. This revision is due to stable input prices, heal..
Tuesday, 14 March 2017
STABLE INPUT PRICES, FISCAL INCENTIVES TO SUPPORT TEXTILE AND COTTON IN FY18: INDIA RATINGS AND RESEARCH
MUMBAI: Cotton textiles may see stability in the next financial year according to a research report by India Ratings and Research (Ind-Ra). The research agency revised its cotton outlook to stable for financial year 2018 from negative for financial year 2017 “The stable textile outloo..
Saturday, 11 March 2017
INDIA'S COTTON YARN EXPORTS MAY TURN POSITIVE THIS YEAR
Hopes of revival of cotton yarn exports from India have increased after the Chinese cotton auction began at 25 per cent higher price than that prevailing in the Indian domestic market. Since Indian cotton attracts 3.5 per cent duty in China, it is likely that Chinese textile mills would prefer t..
Friday, 10 March 2017
TEXTILE INDUSTRY GEARS UP FOR PLANET TEXTILES 2017
Bangalore – The issue of water availability, water conservation in wet processing, and wastewater discharge in the textile supply chain will dominate this year’s Planet Textiles Summit on sustainability on 24th May at the JW Marriot Hotel in Bangalore, India. As such, speakers at Pla..
Friday, 10 March 2017
'Market for handlooms with designer touch has increased'
Courtesy: The S Studio/Instagram
The increased exposure to handloom and crafts of the various regions of India in the last few years has enabled consumers to appreciate genuine products that are handmade or handcrafted. The value of these products has grown and the increasing number of e-com..
Thursday, 9 March 2017
TEXTILE INDUSTRY URGES CM TO WITHDRAW VAT INCREASE
Southern India Mills Association (SIMA) today urged Tamil Nadu Chief minister K Palaniswami to withdraw the increase of VAT on petrol and diesel, which it said has a cascading effect on textile value chain. In a representation to Palanisamy, SIMA chairman M Senthilkumar said it was affecting the..
Wednesday, 8 March 2017
GOVT TO CONSIDER FIVE PROPOSALS ON MARCH 8 FOR SETTING UP NEW SEZS
NEW DELHI: The Commerce Ministry will consider five proposals of SEZ developers, including Oracle India and L&T Construction Equipment, for setting up new Special Economic Zones (SEZs) on March 8. These applications will be considered at the meeting of the Board of Approval (BoA), headed by ..
Wednesday, 8 March 2017
Global Organic Textile Standard releases new version 5.0
Version 5.0 of the Global Organic Textile Standard (GOTS) has been released. It has stricter criteria for regenerated fibres. A category 'Combined Products' has also been added. GOTS is the worldwide recognised standard for the processing of textiles made with 95 per cent ('organic..
Saturday, 4 March 2017
AIFW 2017 to have a show dedicated to muga silk
The Fashion Design Council of India (FDCI) will showcase the pride of Assam with a show dedicated to what the queen of textiles - muga silk at the Amazon India Fashion Week (AIFW) Autumn-Winter’17. FDCI’s designers Samant Chauhan, who has already done a show in Shillong to promote an..
Friday, 3 March 2017
15 INDIAN COMPANIES PARTICIPATING IN CAIRO TEXTILE EXHIBITION
Fifteen Indian textile companies are participating in an international fashion and textile exhibition beginning here from today. "India has been an active participant of the Cairo Fashion and Tex - International Fashion and Textile Exhibition - every year. We believe that our cooperation in..
Wednesday, 1 March 2017
Proposed textile park in Tiruchi, India awaits execution
A textile park proposed to come up at Tiruchi, a south Indian city of Tamil Nadu, is getting delayed due to low interest of the administration.
As per a leading Indian daily, a meeting of experienced entrepreneurs in RMG sector was convened about six months ago and their views on infrastruct..
Wednesday, 1 March 2017
TEXTILE INDUSTRY TO MAKE REPRESENTATION TO GOVT
Textile entrepreneurs have decided to make a strong representation to minister of state for textiles Sources said for providing relief in the recently announced 10 per cent capital subsidy on capital investment under the Amended-Technology Upgradation Fund Scheme (A-TUFS). Ministry of Textiles S..
Tuesday, 28 February 2017
INDIA STICKS TO PLAN ON CREATING REGIONAL MANUFACTURING HUBS IN CLMV NATIONS
New Delhi: Even after the new US administration under President Donald Trump has abandoned the proposed Trans-Pacific Partnership (TPP) agreement, India is willing to pursue its original plan to create manufacturing hubs in the CLMV countries (Cambodia, Laos, Myanmar, Vietnam) to create..
Monday, 27 February 2017
Indian economy to touch $5 tr by FY2025: Morgan Stanley
Driven by supportive demographics and government's policies, the Indian economy could touch $5 trillion by financial year 2025, according to a recentreport. Currently, thecountryhas a $2.2 trillion economy, making it the seventh largest in the world and a per capita income of $1,700 that'..
Thursday, 23 February 2017
'India to be self-sufficient in silk production by 2020'
Indian could be self-sufficient in silk production by the year 2020 as thecountryhas recorded an annual growth rate of 19 per cent, according to the Central Silk Board (CSB). The current silk output of India is currently between 28,000 metric tonnes (MT) to 30,000 MT and the country aims to stop..
Thursday, 23 February 2017
'INDIA EXPECTED TO BE SELF-SUFFICIENT IN SILK PRODUCTION IN 3-4 YRS'
HYDERABAD: With an annual growth rate of 19 per cent, India is expected to be self-sufficient in silk production by 2020, Central Silk Board (CSB) Chairman K M Hanumantharayappa has said. "Our output is 28,000 MTs (metric tonne) to 30,000 MTs at present. Our production is growing year to ye..
Wednesday, 22 February 2017
Textile mills in Sachin GIDC (India) facing water shortage
Sachin Gujarat Industrial Development Corporation, Gujarat’s oldest industrial estate, is facing water shortage since last two months. More than 60 textile dyeing and printing mills in Surat are on the verge of closure due to inadequate availability of water in the area.
Sachin GIDC is..
Tuesday, 21 February 2017
Himatsingka Seide incorporates subsidiary in Europe
Himatsingka Seide Ltd, one of the largest producers of home textiles in India, has incorporated a wholly-owned subsidiary in Europe. This will help the company strengthen its distribution network in the EU. The Himatsingka Group operates one of the largest capacities in the world for producing u..
Monday, 20 February 2017
International buyers visit IHGF Delhi Fair Spring 2017
International buyers, domestic volume retail buyers from leading retail chains of India as well as e-commerce companies are attending the 43rdIndian Handicrafts & Gifts Fair (IHGF) Delhi Fair Spring 2017 that is currently underway in Noida. A large number of buyers from across the globe are ..
Saturday, 18 February 2017
Smriti Irani resolves cutting of carpets issue at ports
During a meeting held with stake holders of the carpet weaving industry,textileminister Smriti Irani assured the carpet industry that carpets would not be cut by customs officials, to determine the price of these products. The meeting was held in response to an issue raised by carpet exporters t..
Friday, 17 February 2017
INDIA & UAE TRADE TO HIT $100 BN BY 2020
Trade between India and the UAE is set to hit USD 100 billion by 2020, up from the current USD 60 billion, the Confederation of Indian Industry has said. “This is evident in the growing interest by the Indian companies towards the Middle East markets and in particular the UAE and efforts m..
Friday, 17 February 2017
Govt aims 20% increase in khadi sales, allocates Rs 340 cr
Government has earmarked a package of Rs 340 crore in the recently announced Union Budget 2017-18 for establishing khadi plazas and for the Modified Market Development Assistance scheme as it aims to increase the production and sales of khadi products by up to 20 per cent in the next three years..
Thursday, 16 February 2017
INDIA KEENLY PROMOTING BRAND IMAGE OF INDIAN HANDICRAFTS IN GLOBAL MARKETS: IRANI
The Government is taking the following important steps to promote brand image of Indian handicrafts including Handmade Carpets & other floor coverings in global markets: 1. Market Development Assistance (MDA) Grant and Market Access Initiative (MAI) Assistance for participation in Fairs &..
Wednesday, 15 February 2017
Tiruppur job working units can import machinery under EPCG
Job working units like knitting, dyeing, compacting, printing, embroidering, labelling, calendaring etc, registered as Common Service Provider (CSP) in Tiruppur are now permitted to import machinery under Export Promotion Capital Goods (EPCG) Scheme. The Central government scheme allows import o..
Saturday, 11 February 2017
Mega Textile Parks with minimum 1,000 acres recommended
A new scheme—MegaTextileParks—with parks having minimum land size of 1,000 acres has been recommended by areportcommissioned by the textiles ministry. Such parks should also have infrastructure support in the form of readymade factory sheds, warehouse, incubation centres and testing ..
Friday, 10 February 2017
Welspun to market Egyptian Cotton products worldwide
Welspun India Ltd has entered into a cooperation agreement withCottonEgypt Association to promote and market Egyptian Cotton products worldwide. The agreement will help enhance the complete supply chain of the Egyptian Cotton starting from cultivation to the final product, which will also benefi..
Thursday, 9 February 2017
INDIA-RAW JUTE PRICES FALL ON DILUTION PLAN, LESSER SUPPLIES
Prices of raw jute are going downhill with the Union textiles ministry's plan to go for dilution of the mandatory jute packaging order and dwindling crop supplies triggered by the demonetization drive. Raw jute prices have tanked to Rs 36,650 per tonne and are likely to plunge further. The p..
Wednesday, 8 February 2017
India initiates anti-dumping investigation on PSF imports
The Directorate General of Anti-dumping and Allied Duties (DGAD), under the commerce ministry, Government of India, has initiated anti-dumping investigation concerning imports ofpolyesterstaplefibre (PSF) from China, Indonesia, Malaysia and Thailand. The period of investigation shall be 18 month..
Tuesday, 7 February 2017
FIBRE IMPORTS FROM 4 NATIONS INCLUDING CHINA AND MALAYSIA IN ANTI-DUMPING DUTY CROSSHAIRS
India may impose anti-dumping duty on imports of a certain kind of fibre from China, Indonesia, Malaysia and Thailand as it has found sufficient evidence of dumping of the product from these countries. The Directorate General of Anti-dumping and Allied Duties (DGAD), under the commerce ministry,..
Tuesday, 7 February 2017
INDIA INITIATES ANTI-DUMPING INVESTIGATION ON PSF IMPORTS
The Directorate General of Anti-dumping and Allied Duties (DGAD), under the commerce ministry, Government of India, has initiated anti-dumping investigation concerning imports of polyester staple fibre (PSF) from China, Indonesia, Malaysia and Thailand. The period of investigation shall be 18 mo..
Monday, 6 February 2017
EXPORT OF JUTE ITEMS FROM NEPAL TO INDIA RESUMES
The export of jute products from Nepal to India has resumed after the Indian Customs Office agreed to release the consignments of Nepali jute traders to the Indian market keeping the 12.5 percent countervailing duty (CVD) as a guarantee. The Indian government had imposed 12.5 percent CVD on Nepa..
Saturday, 4 February 2017
Govt opens 11,86,203 textile workers' bank accounts
The Indian government has launched a drive by organising special camps for opening bank accounts and promoting digital payments in the textiles sector, according to Union textiles minister Smriti Irani. Close to 11,86,203 bank accounts have been opened and activated fortextileworkers that includ..
Friday, 3 February 2017
National Garment Fair begins with 300 brand exhibitors
The 64thNational Garment Fair (NGF) that is currently underway in Mumbai, has exhibitors showcasing a wide range of men’s wear, women’s wear, kids’ wear, ethnic wear, intimate wear, sportswear and more from their Spring/Summer 2017 collections. Over 12,000 retailers from across..
Friday, 3 February 2017
PM'S EXPORT PACKAGE DOES NOT COVER NON-TEXTILE SECTORS
ISLAMABAD: Prime Minister's package for exporters notified by the Ministry of Textile Industry and Federal Board of Revenue (FBR) does not cover non-textile sectors -- surgical, sports, leather and carpets -- creating ambiguities among exporters. Sources told Business Recorder here on Monday..
Thursday, 2 February 2017
Textile sector welcomes Union Budget 2017-18
The Indiantextilesector considers the Union Budget 2017-18 to be growth oriented as it will enable the manufacturing sectors to grow at a faster rate. The budget’s focus on areas like infrastructure development and youth skills development, and tax reduction for MSME industrial units will ..
Wednesday, 1 February 2017
TEXTILE AND GARMENTS INDUSTRIALISTS EXPECT REDUCTION IN TAXES AND INTEREST RATES
They said that the interest rates in the competitor countries such as China and Vietnam are 5 per cent to 7 per cent. The government should reduce the interest rates for supporting the industry. "Textile and garment industry was severely hit by demonetisation leading several textile units t..
Saturday, 28 January 2017
Textile growth may generate 50 mn jobs by 2025: Report
Thetextileindustry of India could generate 50 million jobs by 2025, a large majority of them for women, if it achieves the breakout growth as per its potential, says a recentreport. It also adds that the potential economic benefits from the industry are identified as revenue of $300 billion by 2..
Saturday, 28 January 2017
INDIA-EU FTA TO BENEFIT APPAREL SECTOR
The CII-BCG report also suggested that the state governments should promote infrastructure with plug and play facilities. A free trade agreement with the European Union (EU) besides rationalisation of taxes and duties would help in promoting the growth of India's apparel sector, says a repor..
Friday, 27 January 2017
27 Jan '17 Courtesy: Craftsvilla Courtesy: Craftsvilla With a vision to take people back to their roots, Craftsvilla.com, the largest online ethnic store, recently did a Fabric Tour of India on social media. Launched in time for Republic Day, the concept is an attempt from the e-commerce company to take people on a tour of India's cultural heritage through the traditional weaves of the country. craftsvilla is also set to launch a handloom collection that will have Banarasi, Kanjeevaram, Pochampally Ikat, Bhagalpuri silk among other famous handwoven textiles. What stands out about this initiative is that it is not just the popular weaves like Banarasi, Kanjeevaram or Chanderi that have been featured. Craftsvilla has picked up beautiful yet lesser-known textiles such as Phanek (Manipur, North East), Pachra (Tripura) Apatani (Arunachal Pradesh), Kunbi (Goa), Kullu Shawls (Himachal Pradesh), Kuchai Silk (Jharkhand), and showcased them on the map of India, said the company in a statement. The initiative got an enthusiastic response as fans took to social media to show their appreciation in the comments. “Craftsvilla has always taken up initiatives that help people connect back to their roots. And fabric tour is one such initiative. India is a hub of crafts and weaves. While most people know about the mainstream crafts and weaves, there are still unknown gems from various parts of the country that people have not heard about. This is our attempt at popularising these arts and crafts,” said Monica Gupta, co-founder, Craftsvilla. Woven by master craftsmen who work incessantly to keep alive a tradition that goes back centuries, Indian fabrics are a medley of vibrant colours, gorgeous designs, beautiful prints and intricate motifs that tell the tale of India’s rich and glorious past. Even Indian designers are experimenting with the traditional textiles to come up with designer sarees. Craftsvilla’s initiative paves the way for modern Indians to know all about the history of their country in an interesting way. (KD) Fibre2Fashion News Desk – India More Textiles News - India... Favourite Print this story Comments
With a vision to take people back to their roots, Craftsvilla.com, the largest online ethnic store, recently did aFabric Tour of Indiaon social media. Launched in time for Republic Day, the concept is an attempt from the e-commerce company to take people on a tour of India's cultural heritag..
Wednesday, 25 January 2017
Textile industry demands relaxation of laws from Budget
The upcoming Union Budget 2017-18 should focus on relaxing certain laws, providing improved infrastructure and training the skill inventory of the industry in order to continue the growth trajectory of the booming textile industry, said a top official from a leading textile company. Reduction in..
Tuesday, 24 January 2017
GOVERNMENT TO SUPPORT TANGALIYA WEAVERS IN PURCHASING LOOMS:
Textiles Minister Government of India will facilitate Tangaliya weavers in purchase of looms, by providing them an assistance amounting to 90% of the price of looms. The Union Textiles Minister Smt. Smriti Zubin Irani made this announcement yesterday evening, during her interaction with Tangaliy..
Monday, 23 January 2017
Central govt to help develop Assam's sericulture sector
The Central government will help Assam develop its sericulture sector, said Ajay Tamta, Union minister of state for textiles. This sector helps sustain the livelihood of a chunk of the rural population of the state. He said that a sum of Rs 200 crore has already been released for Assam and addit..
Saturday, 21 January 2017
Govt to help Tangaliya weavers purchase looms: Irani
Government of India will facilitate Tangaliya weavers in purchase of looms, by providing them an assistance amounting to 90 per cent of the price of looms, said Union textiles minister Smriti Irani. She also announced the formation of a special association of Tangaliya workers to work for the in..
Thursday, 19 January 2017
India’s Textiles, Environment Ministries to discuss issues in handicraft sector
India’s Textiles Ministry and Ministry of Environment are soon expected to host a meeting in order to find short- and long-term solutions for the challenges being faced by domestic handicrafts exporters.
In her address at an export award function, while pointing out the wood industry a..
Tuesday, 17 January 2017
Producing contamination free cotton biggest task: CCI
Producing contamination freecottonis the biggest task for thecountry, according to the Cotton Corporation of India (CCI). Due to this issue, Indian cotton is sold on discounted rates in comparison to equivalent foreign cotton. The problem is significant at farm level due to small land holdings b..
Tuesday, 17 January 2017
TEXTILE INDUSTRY CALLED UPON TO ADOPT ECO-FRIENDLY DYEING TECHNOLOGIES
At the two-day national conference on ‘Emerging strategies in green textiles and sustainable fashion’ organized by the Alagappa Institute of Skill Development on Tuesday, Emeritus Scientist from the College of Home Science, Agriculture University, Hyderabad, Ms A Sharada Devi called ..
Saturday, 14 January 2017
Indian madeups units to get 10% more subsidy under ATUFS
Under the Amended Technology Upgradation Fund Scheme (ATUFS), Indian producers of madeups like blankets, curtains, crochet laces and bedsheets are now eligible for an additional 10 per cent capital investment subsidy (CIS) of up to Rs 20 crore. The additional subsidy will be disbursed after a pe..
Friday, 13 January 2017
India to consume 313 lakh bales cotton this year: CCI
The totalcottonconsumption of India is likely to increase to 313 lakh bales in the current crop season as compared to 312 lakh bales during the previous year, said the Cotton Corporation of India (CCI). The acreage under cultivation could decrease by 12 per cent to 105 lakh hectares, but product..
Thursday, 12 January 2017
Welspun group to invest Rs 4,000 cr in textile projects
Home textiles major Welspun Group will invest Rs 4,000 crore in three largetextileprojects in Gujarat. An integrated textile manufacturing zone will be developed in Kutch at a cost of Rs 2,000 crore, as a part of Indian government’s Sagarmala project. The group will also invest in its tech..
Thursday, 12 January 2017
WILL SOON RESOLVE ISSUES OF HANDICRAFT EXPORTERS: GOVERNMENT
Ministries of environment and textiles will soon meet to find long-term as well as short-term solutions to the challenges being faced by domestic handicrafts exporters. A meeting to resolve the issues of Indian handicrafts exporters will soon be convened, Textiles Minister Smriti Irani has said...
Tuesday, 10 January 2017
INDIA TO SUFFER DAMAGE DUE TO US-CHINA TRADE WAR: ASSOCHAM
India may suffer collateral damage to its economy if it finds itself in the crossfire in the escalating trade war triggered by US President-elect Donald Trump with Mexico and China, industry chamber Assocham said on Sunday. Assocham citing its report on the regime change in the US said India wil..
Monday, 9 January 2017
COTTON RATES FIRM WITH CCI STEPPING IN TO MAKE PURCHASE
With the Cotton Corporation of India (CCI) resorting to purchase cotton at commercial rates from different parts of key cotton growing regions in the country, cotton prices have moved up and also improving the market sentiment. Prices have firmed up to R41,500 per candy from the prevailing rates..
Saturday, 7 January 2017
Glimpse India to exhibit products at Heimtextil 2017
Glimpse India, a manufacturer of textiles for home and hotel sectors, will be exhibiting its latest designs at the Heimtextil 2017 fair to be held in Frankfurt, Germany from January 10 – 13, 2017. Thetextilecompany has been operational for over nine decades and its range of products includ..
Friday, 6 January 2017
INDIA TO SHOWCASE TEXTILE EXPERTISE AT HEIMTEXTIL IN FRANKFURT
India is the second largest participant at the world’s biggest home textile and furnishing fair Heimtextil in Frankfurt from January 10 -- January 13, 2017. Over 380 Indian companies are set to come together to showcase the country’s textile expertise. Also the first trade fair of th..
Thursday, 5 January 2017
Over 380 Indian companies to participate in Heimtexti
Courtesy: Messe Frankfurt
India will be the second largest participant at Heimtextil 2017, as over 380 Indian companies are set to come together to showcase thecountry’stextileexpertise at the fair. The trade event, regarded as one of the biggest and most important international platfo..
Wednesday, 4 January 2017
Indian government to present Union Budget on February 1
The Government of India is overhauling the budget process and has decided to present the Union Budget 2017-18 on February 1, instead of the last day of the month. The Budget Session will be convened in the last week of January in order to facilitate early allocation of funds to start various sch..
Tuesday, 3 January 2017
INDIAN JUTE INDUSTRY CRINGES
A major exporter of jute to Europe, the country has now shrunk to producing only 17,000 tonnes of jute. The jute industry has been dropped from the government’s priority list even though demand for more ecological packaging globally has strengthened its export potential. The government has..
Monday, 2 January 2017
Centre will help develop Haryana's textile industry
The Union government will help Haryana with the development of silk weaving units, said Union textiles minister Smriti Irani. She also said that as Haryana has received proposals of investments up to Rs 7 lakh crore from various investors, the Centre will lend support to execute agreements that ..
Friday, 30 December 2016
INDIA LIKELY TO HOST KEY RCEP MEETING IN JULY
India is expected to host in July next year the negotiations for mega trade deal RCEP which aims at liberalising norms for trade in goods and services and boost investment among 16-member countries. "This will be a crucial meeting of the Regional Comprehensive Economic Partnership (RCEP),&q..
Thursday, 29 December 2016
INDIA’S SHARE IN THE GLOBAL HOME TEXTILE MARKET IS EXPECTED TO RISE FROM 7 TO 10 PER CENT
Sutlej Textiles and Industries is one of the largest integrated textile manufacturing companies and is strongly positioned in the production of value added synthetic, natural and blended yarns, spun yarns, processing of fabrics and home textile. SK Khandelia, president, Sutlej Textiles and Indus..
Tuesday, 27 December 2016
Textiles ministry introduces dashboard for ISDS
Union minister for textiles Smriti Irani launching the 3 initiatives on the Good Governance Day, in New Delhi. Courtesy: PIB
The ministry of textiles has introduced a dashboard for Integrated Skill Development Scheme (ISDS) hosted on the NIC cloud to bring more transparency into the system. ..