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

UK GDP growth to stay steady but subdued: CBI

Textiles | On 8th Dec 2017

UK GDP growth to stay steady but subdued: CBI

The gross domestic product (GDP) in the United Kingdom (UK) will grow ...

Amazon launches operations in Australia

Apparel/Garments | On 8th Dec 2017

Amazon launches operations in Australia

US online retail giant Amazon recently unveiled its business in...

Courtesy: G-III Apparel

Apparel/Garments | On 8th Dec 2017

Q3 FY18 G-III Apparel sales up 16% to $1.02 billion

For the third quarter of fiscal 2018, net sales of G-III Apparel...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Marcel Alberts
Eurofibers

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Mike Hoffman
Gildan Activewear SRL

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

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search