The Central and State governments should support the textile industry, which is passing through a crisis, with measures to improve the sector’s competitiveness, said K.V. Srinivasan, chairman of Cotton Textiles Export Promotion Council (Texprocil) and South India Textile Research Association.
Digital printing gear contribute most
Testex, a member of International Testing Association for Applied UV Protection, has come up with world's strictest testing & certification system for clothing and shading textiles known as 'UV Standard 801'.
The fourth edition of the National Entrepreneurship Awards, instituted in a bid to recognize and encourage outstanding Indian Entrepreneurs by the Ministry of Skill Development and Entrepreneurship (MSDE) has opened for nominations.
The government is working on a stimulus package for the industry including a slew of financial measures ranging from tax cuts, subsidies and other incentives, a news agency report said quoting official sources.
They are forced to go for a production cut as exports plunge, inventory piles up