by DIGITAL MEDIA EXECUTIVE | Feb 16, 2023 | Country Report, Global Textiles, Industry View
There are several private and public sector banks that have opened specials accounts for rupee vustro. This will facilitate the overseas trade in rupees. The mechanism for the same will be starting soon in a brief scale. As of now, there are 20 banks which has already...
by TEXTILE VALUE CHAIN | Sep 20, 2019 | Industry And Cluster, News & Insights
Finance Minister announced that banks won’t declare any new NPA for MSME loans till March 2020. To boost liquidity in the economy, Finance Minister Nirmala Sitharaman today said public sector banks will organise credit “Shamiana meetings” in 400...
by TEXTILE VALUE CHAIN | Mar 13, 2019 | Interviews
In conversation with Dr. Selveraju, Secretary General of SIMA ( The Southern India Mills Association ) Facing tough competition in the global arena, textile industry the Indian government should immediately address the bottlenecks in the fair trade practice, cost of...
by TEXTILE VALUE CHAIN | Jun 12, 2017 | HR & Education, News & Insights
India’s 62% of the population is in the working age group and more than 54% is below the age of 25. The labour force in the coming twenty year is estimated to decrease by 4% while that in India is expected to increase by 32%. It could be a challenge for the Government...
by TEXTILE VALUE CHAIN | Jun 10, 2015 | HR & Education, News & Insights
The present era is of rapid technological change. Currently, products become outmoded in a short span of time. Hence, the industry is always on its toes for technology development. Technology upgradation cannot take place only on installation of modern sophisticated...