Home / Knowledge / News / Textiles / Handloom & powerloom fabric production slips
Handloom & powerloom fabric production slips
25
Jul '09
Global financial meltdown affected India's textile industry badly, due to which last year's handloom and power loom production witnessed a downturn of 3.8 and 3.2 percent respectively, said a Union Minister.

As per the available provisional data, in the year 2008-09 production of handloom sector was 6,677 million sq. m. compared to 6,947 million sq. m. the year before, informed Minister of state for Textiles, Panabaka Lakshmi.

While, the production in mills witnessed a mere increase of 0.8 percent from 1,781 million sq. m. to 1,796 million sq. m., that of the hosiery sector increased by 2.3 percent.

In order to support the affected textile industry the government has undertaken number of schemes such as integrated handloom development scheme, marketing and export promotion scheme, handloom weavers' comprehensive welfare scheme and technology up-gradation fund scheme.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eamonn Tighe
Nature Works LLC

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
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