Page 7 - Textile Sector

Telangana sops for textile sector a wake-up call for Tamil Nadu

Telangana Government has announced new incentives to attract investments in Textiles and apparel sector. However this is seen as a wakeup call for Tamil Nadu government to save the huge investment from shifting. Telangana has offered 1,000 acres of land and a mega textile park. It also offered plug and play so that industries can move just like that. Telangana's capital and operational incentives will be applicable for both new as well as existing units for the next five years for both existing and new units. The state also warned if the units are not adequately compensating the workers they will face action.Telangana is largest producer of cotton in southern region and has around 17 per cent share in India's total cotton crop The development comes three months after K T Rama Rao, Telangana Chief Minister K C Rao's son visited knitwear capital Tirupur and textile city of Coimbatore. Tamil Nadu accounts for one-third of the $120 billion Indian textiles industry, major chunk comes from .

Sharp rupee appreciation challenge for domestic home textile sector: Report

Major players like Bombay Dyeing, Trident, have seen a sharp turnaround in profitability

Pitching the Liva effect: Know Birla Cellulose's approach towards branding

How often does one buy clothes for an ingredient rather than the label it wears?

Texprocil seeks special package for made-ups sector

Textile ministry had announced a special package of Rs 6,000 cr for garments, but had excluded made-ups

Janmejaya Sinha & Rohit Vohra: Welcome push for textile sector

The new textile policy addresses many important issues, but there is more to do. The government has to expedite its efforts in getting free trade agreements with major markets

Textile machinery industry doesn't see much impact from Brexit

Though it is too early to react, it has come just two days after new textile policy was announced by the Centre

Textile sector in northeast gets a Rs 1,038 crore push

To boost textile exports, increase jobs and curb the migration of workers.