Category: News Briefs
Fire destroys 5 storied textile factory in Ludhiana
1 dead, 6 injured; it took 18 hours and 40 fire tenders to douse flames
Ludhiana : One person died and six others were injured when a fire broke out [...]
45 lakh people have lost jobs in the textile sector : AEPC
About 45 lakh people in the textile sector have lost jobs in the last two years mainly due to global economic slowdown and problems at domestic front, [...]
Tirupur Process Houses Face Power Shortage
The textile fraternity is furious that the government increased the power tariff multi-fold but has not been able to supply quality power round-the-cl [...]
Restructured TUFS extended for 2012-2013
The domestic textile industry saw hardly any investment in 2011-12 because of several problems, says the Chairman of the Confederation of Indian Texti [...]
MoT lists Govt. Measures Supporting Textile Industry
Following information was given by Smt.Panabaaka Lakshmi, Minister of State for Textiles in written reply to a question in Lok Sabha on May 31, 2012.
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Indian Tussar Silk Enjoys Good Demand : MoT
The Tasar silk production in India is increasing consistently over the years indicating good global and domestic demand for Indian Tasar silk. Estima [...]
Government agrees to support Textiles Industry
The Union Minister of Commerce, Industry and Textiles Shri Anand Sharma met the Finance Minister Shri Pranab Mukherjee, on May 29, 2012 to urge a loan [...]
Precot Meridian enters non-woven market with innovative VMI cotton pad machinery
Epe, The Netherlands - Precot Meridian Ltd., a leading manufacturer of Yarn and Fabrics with annual revenues of over 120 million USD, is setting up a [...]
India-Kazakhstan Joint Working Group On Textiles Meeting Held At AEPC
The Third meeting of the India- Kazakhstan Joint Working Group on Textiles took place on the 7-8th June, 2012 at Gurgaon India. The Indian Side was he [...]
Govt to restructure textile industry’s loans
About Rs 35,000 crore of textile loans will get restructured, a reprieve for an industry asphyxiated by weak demand in the US and Europe. “The governm [...]