Home / Knowledge / News / Textiles / New stimulus package to target textile & leather sector
New stimulus package to target textile & leather sector
02
Feb '09
Mr Ashwani kumar
Mr Ashwani kumar
According to the Minister for State for Industries, Mr Ashwani kumar, the government will announce a new stimulus package within a period of four to six weeks in addition to the two already declared by the government. Mr Ashwani kumar said this after inaugurating the 24th India International Leather fair in Chennai.

He added by saying that the new stimulus package will particularly focus on labour intensive industries as well as export oriented sectors like textiles and leather. The focus of the government, according to the minister is to protect and minimize job losses and not offer sops to any particular sector.

The annual India International Leather fair, which is organised by the India Trade promotion organization annually, has 392 companies participating in the expo, which includes 122 overseas companies. The slowdown has resulted in a marginal reduction in the number of participating companies at the fair.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kevin Nelson
TissueGen

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mike Hoffman
Gildan Activewear SRL

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Rupa Sood and Sharan Apparao
Nayaab

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

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
March 2017

March 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