Home / Knowledge / News / Textiles / SGCCI urges Gujarat govt to frame TUFS-like textile policy
SGCCI urges Gujarat govt to frame TUFS-like textile policy
31
May '12
Mr. Paresh Patel
Mr. Paresh Patel
The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has requested the state government to create a special policy to help technological upgradation in India's largest man-made fibre (MMF) industry.

Speaking to fibre2fashion, Mr. Paresh R Patel, the newly appointed President of SGCCI, said, “The Government of Gujarat should formulate a policy similar to the Technology Upgradation Fund Scheme (TUFS) of the Central Government.”

“Such a scheme should accommodate the small and medium enterprises (SMEs). Since the textile industry in Surat consists mainly of SMEs, any scheme formulated for the textile industry in Gujarat should concentrate on SMEs and MSMEs,” he adds.

“Technological upgradation is mainly required by small enterprises. We have approached the Gujarat government for the same,” he informs.

Earlier this week, Gujarat Chief Minister Narendra Modi had announced that his government is in the process of formulating a textile policy based on 5Fs – farm, fibre, fabric, fashion and foreign.

The aim of the policy would be to turn Gujarat in to a manufacturing hub for exporting readymade garments across the globe. It would also ensure that the entire manufacturing process from production of cotton to apparels is carried out within the state.

Mentioning an issue troubling the Surat MMF industry, Mr. Patel said, “The value-added tax (VAT) rate on natural gas is affecting the Surat textile industry, which uses natural gas for its manufacturing activities.”

“An increase in the cost of gas results in a rise in the cost of production. So, we have requested the government to relax VAT on natural gas by at least 3-4% and bring it down to a single digit from the existing 12+2.5% VAT structure in Gujarat. Doing so would help the textile industry that depends on natural gas for production,” he avers.

Mr. Patel, who is also the promoter of the Central Government-sponsored Textile Park at Ichhapore, says, “The new textile park would have international standard infrastructure, 40 feet wide road, water facilities and other amenities. The basic idea is to promote Ichhapore as a new site for textile manufacturing.”

The MMF industry in Surat has been concentrating on the Indian market so far. The SGCCI is now requesting the state government's support in developing exports to international market.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search