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SIMA for inclusion of made-ups in special package
27 Jun '16
1 min read
The Southern India Mills' Association (SIMA) has appealed to Textiles Minister Santosh Gangwar to include made-ups/home textiles segments also under the special package for textiles and garments sector announced on June 22.
In a letter to the Minister, SIMA Chairman M.Senthilkumar said that the industry has been demanding the Government to adopt “cut & sew policy” while extending any benefit for the garment and made-ups/home textiles segments.
Senthilkumar said that the made ups/home textiles segment produces very high end products and the value addition and job creation in the made-ups/home textile segments are much higher than in the garment sector.
He also appealed for additional TUF subsidy for weaving and processing segments.
“In order to meet the high quality of fabric requirements of the garmenting/made-ups segments, it is essential to create high-tech weaving and processing production capacities which are the weakest links in the textiles chain,” Senthilkumar said.
The SIMA chairman sought an increase in capital subsidy under ATUFS from 10 per cent to 25 per cent for weaving and processing segments at par with the garmenting segment. (SH)
In a letter to the Minister, SIMA Chairman M.Senthilkumar said that the industry has been demanding the Government to adopt “cut & sew policy” while extending any benefit for the garment and made-ups/home textiles segments.
Senthilkumar said that the made ups/home textiles segment produces very high end products and the value addition and job creation in the made-ups/home textile segments are much higher than in the garment sector.
He also appealed for additional TUF subsidy for weaving and processing segments.
“In order to meet the high quality of fabric requirements of the garmenting/made-ups segments, it is essential to create high-tech weaving and processing production capacities which are the weakest links in the textiles chain,” Senthilkumar said.
The SIMA chairman sought an increase in capital subsidy under ATUFS from 10 per cent to 25 per cent for weaving and processing segments at par with the garmenting segment. (SH)
Fibre2Fashion News Desk – India
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