Home / Knowledge / News / Textiles / Budget not at all pro-textiles - Armstrong Kintting Mills
Budget not at all pro-textiles - Armstrong Kintting Mills
29
Feb '08
Union Finance Minister P Chidambaram, today announced the budget for the financial year 2008-09. Fibre2fashion took the initiative of interviewing textile related enterprises in a bid to know their expectation.

Mr E. Palamisamy, Chairman of Armstrong Kintting Mills expressed disappontment at the budget, “The announcement was not at all beneficial to the industry."

He explained, "It has only supported the agricultural sector. Since prices of cotton have increased, yarn and fabrics are likely to show a similar trend, indirectly affecting the textile industry. It is only hoped that in the years to come Government gives equal importance to textile segment as well.”

Fibre2fashion, News Desk - India

Must ReadView All

Apparel/Garments | On 24th Feb 2017

Q4FY17 EPS dips 11% at apparel retailer Macy’s

For the thirteen weeks period ended January 28, 2017, earning per...

Textiles | On 24th Feb 2017

Net income slips at Westlake Chemicals in Q4

For the three months ended December 31, 2016, net income at US...

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

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...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Rupa Sood and Sharan Apparao
Nayaab

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
February 2017

February 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