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Textile Industry

INDIA: Bihar to establish two textile parks at a cost of 145 crore

The Nitish Kumar-led state government is planning to establish two textile parks in the state. The first one, known as Vikramshila Textile Park, is being set at a cost of Rs 120 crore and the second one, Angh Pradesh Handloom Park will be set up at a cost of Rs 25 crore.

The two parks together are expected to attract investments of over Rs 600 crore. 
The proposed textile parks at Bhagalpur, is expected to give a thrust to the state’s textile industry. The parks would be truly integrated in nature and have all the major segments of the textile industry, including weaving, spinning, processing, embroidering and apparel manufacturing units. 
 
The state Government has appointed IL&FS to work out a framework for the revival of three sick state textile units that have been lying closed for about a decade. IL&FS is one of India’s leading infrastructure development and finance companies. 
 
The three mills are Bhagalpur Cooperative Spinning Mills (Bhagalpur), Pandaul Cooperative Spinning Mills (Madhubani) and Siwan Cooperative Spinning Mills (Siwan).

Each of them has a capacity of 25,000 spindles and was manufacturing cotton and blended yarns before shutting down

 

Added: November 28, 2007 (yesterday) Source: Agencies

 

 

 

 

 

      

Highlights of the Foreign Trade Policy

The Hon’ble Union Minister of Commerce & Industry, Government of India, had announced the Foreign Trade Policy on 8th April’05. Some of the Salient Features / Highlights of the proposals pertaining to Textile Industry in general and Handlooms in particular are. >> More

 

Salient features / Highlights of the Foreign Trade policy

 

Modern Processing Houses

The Indian Home Textile Industry has access to excellent infrastructure facilities and uses the latest technology and machinery.

Many manufacturers have set up state-of-the-art modern processing houses to roll out large volumes of high quality products to meet the international market demands and expectations. Needless to say that India’s Textile Exports have grown exponentially over the last decade.

Eco- Friendly Dyes: Use of Azo-Free Colours

The manufacturers in India are well aware that AZO free colours and dyes should be used. India has discarded the usage of banned materials in the dyeing process with safe substitutes, to ensure eco-friendliness of the products manufactured by the industry.