Textile
Textile Park in Punjab to create one lakh new jobs |
| August 30, 2012 (India) |
![]() Expressing contentment over progress of the textile park being established in the state’s Muktsar district, Punjab’s Deputy Chief Minister Sukhbir Singh Badal has said the textile park is expected to generate about 100,000 job opportunities, as textile industry is highly labour intensive.
The Deputy Chief Minister said the Rs. 14.85 billion textile park, being set up on an area of 350 acres in Malwa area of the state, is in lines with the new textile park policy announced by the state government.
Several leading companies would purchase denim from the denim production units in the park, once the units go operational, he said.
The state government is quite optimistic that the textile policy would aid in optimum utilization and enhancing the value propositions of domestically produced cotton, resulting in increased revenue generation for the state, he added.
The textile policy of Punjab government envisages setting up of a textile park with composite textile processing units from cotton to garment, and a minimum fixed capital investment of Rs. 2.5 billion, in the districts of Bhatinda, Ferozepur, Sangrur, Mansa, Mukatsar, Faridkot, Taran Taran, Barnala and Amritsar.
Other incentives under the policy include provision for a 50 percent exemption from rural development fund (RDF), market fee and infrastructure development cess for a period of 10 years or up to 50 percent of fixed capital investment, whichever is earlier, on cotton procurement.
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| Fibre2fashion News Desk – India |
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Textile producer RSWM opens marketing office in Kanpur |
| August 29, 2012 (India) |
![]() Aiming to increase its share in the technical textiles, sewing threads, tent and canvass market in North India, RSWM Limited, a part of the Rs.5,500 crore LNJ Bhilwara Group, has recently opened a yarn marketing office in Kanpur, a company official said.
“The new regional yarn marketing office will serve customers in Kanpur and nearby weaving centres like Gorakhpur, Tanda, Khalilabad, Banaras and Bhadoi,” said J. C. Laddha, Chief Executive-Yarn Business.
The company’s footprint in Kanpur follows the opening of similar regional offices in Indore in Madhya Pradesh and Ichalkaranji in Maharashtra.
While RSWM was already selling yarns in the Kanpur region, the new marketing office was aimed at boosting its interface with consumers for offering speciality products and weaving their feedback into product innovation and the supply chain, Laddha said.
The company also organised a yarn show at the new office to display the entire product range of RSWM along with fabric samples. Customers were explained various end uses of yarns, an official said.
Laddha said that RSWM produced 10,000 tonnes yarn every month out of which 6,000 tonnes were sold in the domestic market and 4,000 tonnes were exported.
The company has eight manufacturing locations in Rajasthan with an installed capacity of 400,000 spindles. It produces grey as well as dyed yarn and also produces speciality yarns for technical fabrics, sewing threads, carpets and tants.
M. L. Jhunjhunwala, Head-Domestic Yarn Marketing, said that rural spending in India was increasing and consumers were looking for new products.
RSWM posted a turnover of Rs.2,000 crore in2011-12 out of which Rs.700 crore came from exports, an official said.
Besides yarn, RSWM also produces 12 million meters suitings which is sold under Mayur Brand and also produces 15 million meters denim fabrics.
The company recently commissioned a state-of-the-art 52,000 spindles plant at Kharigram in Rajasthan.
Besides textiles, LNJ Bhilwara Group has interest in graphite electrodes, hydel and wind power generation.
RSWM Limited, the flagship Company of the LNJ Bhilwara Group, is one of the largest textile manufacturers in the country, primarily producing synthetic, blended, mélange, cotton & specialty yarn, fabric and denim.
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Open access power will harm textile industry: CITI |
| August 18, 2012 (India) |
![]() Expressing concern over opening up of power market in India through implementation of the proposed open access (OA) facility, Confederation of Indian Textile Industry (CITI) said it would badly hit the country’s textile industry.
In a letter to the Ministry of Power, CITI said the move would badly hit a number of textile firms, who would be left with no other option but to procure power through open access system. The decision would exempt the power boards from the obligation to supply power to such customers as textile producers.
The Power Ministry recently directed the State Regulatory Commission to exclude all consumers using 1 megawatt (MW) or more power from the category of consumers qualifying to avail the tariffs fixed by the Regulatory Commission.
CITI Secretary General DK Nair said that almost all textile industries consume over one MW power.
Under the open access system, the buyers would be able to select the source of electricity and would also have a right on the transmission and distribution system for transfer of power. Under the OA system, large-scale consumers enter into bilateral deals with distribution companies (discoms) and remain out of the ambit of the regulated tariff system.
OA customers might have to pay more than regulated tariffs, which would cause majority of the textile firms to suffer, CITI said. It suggested that rather than adopting the open access system, the Government should try to improve the existing power transmission and distribution system.
The domestic textile industry is already enduring severe power crisis. Tamil Nadu and Andhra Pradesh, which are amongst the biggest textile producing states of India, have been severely affected by power crisis, CITI said.
Power outages, increased costs due to use of diesel generators and other restrictions cause the textile industry in Tamil Nadu to each day lose about three billion rupees due to loss of production, it said.
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| Fibre2fashion News Desk – India |
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New exhibitors offer unique opportunities at Intertextile |
| August 03, 2012 (India) |
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Intertextile Shanghai Apparel Fabrics, to be held at the Shanghai New International Exhibition Centre from 22 – 25 October 2012, has attracted some of the world’s leading fibre and yarn suppliers from around the world, many of which are going green by customer demand. Individual suppliers will showcase their products, while group pavilions allow exhibitors and their supply chain partners to present their latest fibre products and applications for apparel and fabrics. Special fibre group pavilions will present their latest natural and synthetic fibres and yarns in Hall W2 – 3, including Cotton Council International, DuPont, Hyosung, INVISTA, Lenzing, and the Korea Chemical Fibers Association (KCFA). Leading individual yarn and fibres suppliers will also be represented. Exhibiting for the first time this year, Mr Jung Chang-Hun, a representative for KCFA, says that they plan to introduce complex and multifunctional fabrics. He says: “We hope to have as many chances as possible to meet a lot of buyers from all over the world, especially from China.” DuPont Taiwan Limited has also organised a group pavilion for the first time this year. Having joined previously as an individual exhibitor, Ms Karen Chiou, a representative for the company, says: “The Intertextile Shanghai show is growing larger and larger year after year. Forming a brand-themed pavilion is a good solution to integrate our mill partners in the apparel value chain, and exhibit them all in one place.” Ms Chiou expects to be visited by international buyers for major brands. Ms Michelle Rice, North Asia Commercial Director, LYCRA fiber, INVISTA Apparel, says INVISTA is glad to be with Intertextile Shanghai Apparel Fabrics for the 9th consecutive time this year. They have organised a joint pavilion under the name of INVISTA RendezVous to showcase their latest innovations with their partner mills and knitters from both China and abroad. The company is also among those who see a trend towards more environmentally responsible practices. She says: “Sustainability is more than a trend. It is a direction which is important for all the players in the industry who want to be successful for long term.” Advanced materials, both eco-conscious and technically advanced, will be prominently featured at this year’s show. DuPont Taiwan Ltd expects a positive response from its renewably-sourced fibre Sorona, a bio-based fiber made with sustainable materials and processes. Ms Nurhan Nalbant, a representative from ADVANSA Marketing GmbH, Germany, is looking forward to showcasing their ADVANSA Thermo°Cool, a highly technical product featuring Duoregulation fibre technology, which allows the material to balance temperature changes and maintain comfort for the user. She says: “Intertextile Shanghai Apparel Fabrics is a unique show enabling us to meet key Asia market players all in one place.” |
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Indian govt promoting textile exports in newer markets |
| July 28, 2012 (India) |
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The Government of India is actively promoting textile exports to newer countries under a programme initiated by it around two years ago, Commerce Secretary Mr. SR Rao has said.
There is vast scope for boosting India’s textile exports to Iran, the Middle East and the Commonwealth of Independent States (CIS) countries, he said.
India can also export its textiles to China, which is currently the biggest textile exporter in the world, he added.
Echoing similar views, Mr. Rafeeque Ahmed, President of Federation of Indian Exporters Organization (FIEO), said there is greater scope for Indian textiles in China.
India is currently the second biggest manufacturer of textiles and garments, next to China.
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Indian Govt approves 21 new Textile Parks |
| July 13, 2012 (India) |
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Government has sanctioned 21 new Textiles Parks under the Scheme for Integrated Textiles Parks with a project cost of Rs. 2100 crores to be implemented over a period of 36 months. Minister for Commerce, Industry and Textiles Shri Anand Sharma as Chairman of the Project Approval Committee under the Scheme accorded approval to the recommendations of the Inter Ministerial Project Scrutiny Committee which examined 55 proposals for new Textiles Parks in the country. The Scheme for Integrated Textiles Parks seeks green field investments in textiles sector on a public private partnership basis with the objective of setting up world class infrastructure for Textiles industry. Commerce, Industry and Textiles Minister Shri Anand Sharma said “sanction of new Textiles parks would catalyze significant additional investments with industry utilizing the benefits both under the Scheme for Integrated Textiles Parks for development of common infrastructure; and under the Technology Upgradation Funds Scheme for installation of Plant and Machinery.” Government has enhanced the allocation under TUFS from Rs. 8000 crores to Rs. 15404 crores under the 11th Five Year Plan and under the SITP an allocation of Rs. 400 crores has been made for sanction of new Textiles Parks in April 2011. Commerce Industry and Textiles Minister said that the new Textiles Parks would leverage an investment of over Rs. 9000 crores and provide employment to 4 lac textiles workers. Government would finance common infrastructure with a subsidy upto Rs. 40 crores per Textiles park. Government has received a huge response to the roadshows held at Chennai, Bangalore, Hyderabad, Ahmedabad and Mumbai for seeking proposals for Textiles Parks under the Scheme for Integrated Textiles Parks. Proposals received were scrutinized by an inter ministerial Project Scrutiny Committee on the basis of project cost, land size, net worth of investors, employment generation and value chain to be developed by the industry. Government also sought to ensure balanced regional development, promote textiles industry in North Eastern States and in States where the industry is in a nascent stage of development and promote textiles parks in cooperative & handloom sectors. 6 new Textiles Parks have been sanctioned in Maharashtra, 4 in Rajasthan, 2 each in Tamil Nadu and Andhra Pradesh, 1 each in Uttar Pradesh, Gujarat, Tripura, Himachal Pradesh, Karnataka, Jammu & Kashmir and West Bengal. The product mix in these parks would include apparels and garments parks, hosiery parks, silk parks, processing parks, technical textiles including medical textiles, carpet parks, powerloom parks. “The focus of Government has been to ensure value addition through aggregation to best utilize India’s raw material surplus in cotton and cotton yarn for enhanced labor employment and export earnings” said Textiles Minister Shri Anand Sharma. Lead Investors heading the Special Purpose Vehicles of the above listed Textiles Parks and the Project Management Consultant firms would be invited by Government in the coming days to enter into MOUs for implementing the projects. Government seeks to ensure timely implementation of the sanctioned projects and changes to avoid cost and time overruns have been incorporated into the MOUs to be entered into by Government under the scheme. |
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