Home / Knowledge / News / Textiles / Govt unable to restart Hetauda Textile factory
Govt unable to restart Hetauda Textile factory
09
Sep '09
Efforts of the Government to restart the operations of closed Hetauda Textile Factory witnessed a setback, as the price quoted by the bidders in the tenders was too high.

Tenders were invited to sell 100 metric tons of cotton to the factory, though there was not any affirmation from the government to restart the factory. Only two bidders took part in the tender process, who quoted higher prices than the government's expectations.

The bidders had quoted Rs. 275 and Rs. 290 for per kilogram of cotton, which was almost three times, the government's expectations. However, they had not specified the quality of the products too.

The government had invited tenders to purchase cotton at about Rs. 100 kg, which is the average value that Cotton Corporation of India (CCI) was offering, informed Mr. Tej Raj Shakya, Joint Secretary at Finance Ministry and Chairman of the factory.

Cotton Development Committee (CDC), a government owned corporation had offered A-class cotton to the factory at Rs. 132 per kg, earlier. But, the factory had rejected the offer mentioning it as expensive.

The government took around 50 days to complete the tender process from its preparation to cancellation.

It is mandatory for any government owned body to follow the Public Procurement Act while purchasing goods. But, the process of this Act takes much time, which makes government unable to operate any factory, said an official of Finance Ministry.

After witnessing losses for several years, the government had closed down the factory in 2001. It had made efforts to sell the factory to the private sector, but it didn't work. Before the closure of factory, its workers were paid their outstanding wages.

Fibre2fashion News Desk - India


Must ReadView All

ITC, ICS tie up to help Moroccan textile value chain

Textiles | On 21st Apr 2018

ITC, ICS tie up to help Moroccan textile value chain

The International Trade Centre (ITC) has partnered with ICS, which...

Bangladesh garment manufacturers call for fair pricing

Apparel/Garments | On 21st Apr 2018

Bangladesh garment manufacturers call for fair pricing

Bangladesh garment manufacturers want a ‘commensurate adjustment’ by...

Pak ministry proposes extension to PM package for 2018-19

Textiles | On 21st Apr 2018

Pak ministry proposes extension to PM package for 2018-19

Pakistani textile ministry has reportedly proposed extending the...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Eamonn Tighe
Nature Works LLC

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


April 2018

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
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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