Rs.5,000-crore investment expected in technical textiles

September 22nd, 2009 NEW DELHI - The Ministry of Textiles and the FICCI will jointly organise a workshop on 'Strengthening-Government-Industry-Consumer Partnership on Geotech Textiles' here tomorrow. Senior Officers from the Central and State Governments will address the delegates.

September 22nd, 2009 NEW DELHI - The Ministry of Textiles and the FICCI will jointly organise a workshop on 'Strengthening-Government-Industry-Consumer Partnership on Geotech Textiles' here today. Senior Officers from the Central and State Governments will address the delegates.

September 17th, 2009 NEW DELHI - The Ministry of Textiles and the Federation of Indian Chambers of Commerce and Industry (FICCI) will jointly organise a workshop on use of textiles in agriculture here today. Over 100 delegates from various sectors like agriculture, the State Governments, agricultural universities, forest departments and institutes will attend the workshop.

September 17th, 2009 NEW DELHI - The Ministry of Textiles and the Federation of Indian Chambers of Commerce and Industry (FICCI) will jointly organise a workshop on use of textiles in agriculture here tomorrow. Over 100 delegates from various sectors like agriculture, the State Governments, agricultural universities, forest departments and institutes will attend the workshop.

September 15th, 2009 NEW DELHI - The government may soon provide a regulatory framework to the protective textiles sector to boost its growth, Textiles Secretary Rita Menon said Tuesday. "The government is actively considering to provide a regulatory framework to achieve 25 percent growth per annum of technical textiles against business-as-usual growth of 11 percent, Menon told reporters on the sidelines of a workshop.

September 14th, 2009 NEW DELHI - Ministry of Textiles and FICCI are jointly organising a workshop on 'Strengthening-Government-Industry-Consumer Partnership in Protective Textiles' on Tuesday. Over 100 delegates from various sectors like Defence, Police, Security, Regulators, State Government, Hotels, Multiplexes and industry are attending the workshop.

September 8th, 2009 NEW DELHI - Union Textile Minister Dayanidhi Maran will inaugurate the Gujarat Eco Textile Park setup under the Scheme for Integrated Textile Parks (SITP) at Surat on Wednesday. The park has been set up in an area of 104 acres, at a cost of Rs.

September 8th, 2009 NEW DELHI - The government Tuesday approved nine foreign investment proposals worth Rs.74.61 crore on the recommendations of the Foreign Investment Promotion Board (FIPB). However, the board rejected the proposal of Goldman Sachs for waiving off the Press Note 1 that stipulates government approval for new foreign investment proposals or technical collaboration where the foreign investor already has a joint venture in the same or allied field.

July 20th, 2009 NEW DELHI - Union Textiles Minister Dayanidhi Maran will begin his visit to Japan from today. Maran is leading the joint trade delegation of textiles sector.

July 16th, 2009 NEW DELHI - Union Textiles Minister Dayanidhi Maran will lead the joint trade delegation of textiles sector to Japan on July 20. The seventeen-member delegation comprises the representatives of the Apparel Export Promotion Council (AEPC), The Cotton Textiles Export Promotion Council (TEXPROCIL), the Synthetic and Rayon Textiles Promotion Council (SRTEPC), the Knitwear Technology Mission, and leading textiles manufacturers and exporters from Tirupur and Coimbatore textiles clusters.

July 15th, 2009 NEW DELHI - The government is promoting an export policy regime for the textiles industry that will cover all potential markets including South East Asia, said Textiles Minister Dayanidhi Maran Wednesday. The government is also promoting textiles mega shows in potential markets.

July 7th, 2009 NEW DELHI - Welcoming the general budget 2009-10, Textiles Minister Dayanidhi Maran Tuesday said some more announcements on empowerment of weaker sections and facilities for the growth of medium and small scale enterprises in the sector will be made soon. "We are going to converge with certain other announcements, particularly empowerment of weaker sections, welfare of workers in the unorganised sector and facilities for the growth of medium and small scale enterprises to utilise fully the assistance under schemes outlined in the budget, Maran told reporters here.

July 7th, 2009 NEW DELHI - Cash-strapped national carrier Air India is expected to register a loss of Rs.5,000 crore last fiscal, Civil Aviation Minister Praful Patel told parliament Tuesday. "Nacil (National Aviation Co of India Ltd, that operates Air India) is expected to register a loss of approximately Rs.5,000 crore in 2008-09, largely due to high operating expenses, which have been compounded due to the present economic recession resulting in a drop in passengers," the minister said in a reply in Rajya Sabha.

July 2nd, 2009 KOLKATA - State-owned West Bengal State Electricity Distribution Company Limited (WBSEDCL) is planning to raise Rs.5,000 crore in the next three years to fund rural and urban electrification, a top company official said here Thursday. "Around Rs.3,000 crore will be invested for rural electrification, Rs.1,000 crore for enhancement of urban facilities and another Rs.1,000 crore for customer service automation," Malay K.

May 27th, 2009 NEW DELHI - Rajasthan attracted investments worth Rs.69,052 crore, the highest among northern states, during 2008-09, a business chamber report released here Wednesday said. The report, 'Investment Prospects in Indian Economy 2008-09' by the Associated Chambers of Commerce and Industry (Assocham), said Haryana, which attracted investments worth Rs.52,852 crore, came second, followed by Uttarakhand with Rs.36,059 crore.