by DIGITAL MEDIA EXECUTIVE | May 4, 2023 | Corporate Update
According to the latest Manufacturing ISM® Report On Business® from the nation’s supply executives, the manufacturing sector’s economic activity shrank in April for the sixth consecutive month after 28 months of gain. Timothy R. Fiore, CPSM, C.P.M., Chair...
by DIGITAL MEDIA EXECUTIVE | Apr 25, 2023 | News & Insights
The GEP Global Supply Chain Volatility Index research indicates that global supply chains are presently working more effectively than they have in a number of months. The indicator decreased from 0.48 in February 2023 to 0.32 in March 2024, reflecting the lowest level...
by DIGITAL MEDIA EXECUTIVE | Apr 20, 2023 | News & Insights
Deputy Chief Minister Devendra Fadnavis stated on Friday that Amravati would attract investment of over 10,000 crore and create over three lakh jobs under the PM MITRA (Mega Integrated Textile Region and Apparel) scheme. Amravati was one of seven cities shortlisted by...
by DIGITAL MEDIA EXECUTIVE | Apr 19, 2023 | Finance & Economy
UK trade minister Nigel Huddleston is in Washington, DC, to forge deals that will expand US-UK economic connections and increase exports, investment, and job opportunities on both sides of the Atlantic. This is the fourth such agreement between the UK and a US state,...
by DIGITAL MEDIA EXECUTIVE | Apr 14, 2023 | Garment
The export orders from the United States and Europe that Tirupur, the textile capital of India, had anticipated in the aftermath of the COVID outbreak, did not come through. Eight lakh workers and their families must deal with uncertainty as more MSME businesses close...
by TEXTILE VALUE CHAIN | Apr 11, 2023 | Event Update, Textile Technology
National Institute of Fashion Technology, Mumbai, organized the HLHC exhibition, ‘Craft Bazaar’ for the promotion & sale of authentic handloom and handicraft products. Under the craft cluster initiative program, the institute created a marketing platform...
by DIGITAL MEDIA EXECUTIVE | Apr 10, 2023 | Textile Articles
On Friday, Federal Minister Piyush Goyal announced that the Rs 4,445 crore PM MITRA programme would create seven major textile parks in Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, and Uttar Pradesh. The parks will bring in an estimated Rs...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | Interviews
Textile Value Chain discussed with Vishwanath R. Agarwal, Chairman of Powerloom Development & Export Promotion Council on the current state of power loom industry Can you tell us a little about yourself and your role as the Chairman of the Powerloom ...
by DIGITAL MEDIA EXECUTIVE | Mar 20, 2023 | Traditional Textiles
Hyderabad: The BRS leaders on Saturday expressed their satisfaction over the Mega Textile Park being approved for Telangana by the Center and claimed that Textiles Minister KT Rama Rao deserves all of the credit for the approval of the park. In a press release issued...
by DIGITAL MEDIA EXECUTIVE | Mar 20, 2023 | Country Report, Textile Articles
New Delhi/ Gurugram 17th March 2023: Shri Naren Goenka, Chairman AEPC has expressed his deep gratitude to the Prime Minister Shri Narendra Modi for announcing the names of the states where 7 mega textiles parks will be set up. The Ministry of Textiles will set up...
by DIGITAL MEDIA EXECUTIVE | Mar 18, 2023 | Business & Policy, Country Report
The PM Mitra massive textile park that would be built across Tamil Nadu, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, and Uttar Pradesh was hailed by the Tiruppur Exporters Association. According to the Association President KM Subramanian in a news...
by DIGITAL MEDIA EXECUTIVE | Mar 18, 2023 | Country Report
In the seven parks declared under the scheme, “it is projected that approximately 2 million new direct and indirect jobs will be created until 2027, coupled with investment of nearly 70,000 crore to develop infrastructure in these parks,” he said. To...