Home / Knowledge / News / Textiles / NTC retail outlets to offer handloom products
NTC retail outlets to offer handloom products
06
Sep '13
In its endeavour to become a consolidator to the textile sector and to uplift the conditions of the handloom weavers and ensure that they get continuous employment, two Memorandum of Understanding were signed in the presence of the Union Minister of Textiles, Dr. Kavuru Sambasiva Rao, Secretary (Textiles), Govt. of India, Smt. Zohra Chatterji, Development Commissioner (Handlooms), Shri Balvinder Kumar, Joint Secretary Shri Sujit Gulati and other officials of the Ministry of Textiles.

The first MoU was signed between National Textile Corporation (NTC) Ltd. and National Handloom Development Corporation (NHDC) Ltd. While the second one was signed between Association of Corporations and Apex Societies of Handlooms (ACASH), NHDC and Exim Bank.

Speaking on the occasion, Dr. Rao congratulated the heads all the organisations and said that “they must work tirelessly towards the cause and ensure the success of the venture.” He further mentioned that “periodic review of the sales and progress of the weavers in the targeted clusters will be carried out.”

NTC and NHDC - Public Sector Undertakings (PSU) under the Ministry of Textiles - have joined hands to elevate the sustainability of handloom clusters. NHDC through its handloom agencies and identified clusters will supply handloom products to NTC at reasonable prices and NTC in turn will use its vast network of 84 retail stores to sell the same. NTC will also use its other initiatives like “StreeVijay” etc. to promote the handloom products as well.

Further, ACASH, NHDC and EXIM bank have agreed to form a joint venture company (JVC) for the promotion and marketing of handloom products in India and abroad through fairs and exhibitions, retail stores and buying houses.

The JVC would also undertake training programmes for weavers/ artisans for dissemination of improved techniques and new designs/ packaging, buyer-seller meets, workshops focusing on new and improved designs, equipments and processing techniques, publicity for handloom sector in India and abroad and will help establish linkages with national and international organizations for marketing of handloom products.

With about 15 per cent share of handlooms in textile production and significant contribution in export earnings, presently, the handloom sector provides employment to 43.31 lakh persons engaged on 23.77 lakh handlooms across the country.

Ministry Of Textiles

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Suresh Patel
Sidwin Fabric

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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