Modernisation in India’s largest man-made fabric (MMF) sector in Surat will be affected as the textiles ministry has reduced the central fund allocation under the Amended Technology Upgradation Fund (ATUFS) scheme from ₹2,300 crore in 2018-19 to ₹700 crore in 2019-20, according to the list of proposed budget allocation in the textile sector issued by the ministry.
New Delhi, Nov 28 (KNN) Union Minister of Micro, Small and Medium Enterprises (MSME) on Thursday informed Lok Sabha that there are 8,643 MSME vendors in India under domestic defence production.
New Delhi, Nov 28 () Exporters are seeking amendments in the Market Access Initiative (MAI) scheme with a view to promote shipments from the country, an official said.
Taiwan's Industrial Technology Research Institute (ITRI) and functional fabrics firm Everest Textile have jointly developed an automated multi-tasking system for garment production that can cut manual operation by 70 per cent by incorporating ITRI's 3D smart vision sensing technology. It can shorten textile sample proofing time to 1-3 days from 7-10 days.
Coimbatore, Nov 27 (KNN) The Ministry of Micro, Small and Medium-scale Enterprises (MSMEs) has approved Rs 200 crore for a MSME technology centre to be set up in Coimbatore.
Vadodara: The central goods and services tax (GST) officials have arrested a businessman from the city on charges of evading payment of taxes.