Home / Knowledge / News / Textiles / NTC to be flag-bearer of Indian textile sector – Maran
NTC to be flag-bearer of Indian textile sector – Maran
05
Jan '11
Union Minister for Textiles, Thiru. Dayanidhi Maran said that the Government is committed to make the National Textile Corporation (NTC) a world-class eco-friendly integrated textile company and flag-bearer of the sector and the ongoing revival-cum-modernisation steps by the NTC are aimed at this goal.

The Textile Minister was speaking after releasing the inaugural issue of newsletter of the NTC at his Chamber. On the occasion, Textiles' Secretary, Smt. Rita Menon and NTC Chairman-cum-Managing Director Shri K Ramachandran Pillai were among those who attended the function.

Thiru. Dayanidhi Maran further said that the UPA Government had launched a number of schemes such as Technology Upgradation Fund Scheme (TUFS), Scheme for Integrated Textile Parks (SITP) and various measures for the Powerloom, Handloom, Handicrafts, Silk and Wool sectors for the overall development of the textile sector and welfare of the weavers and artisans.

The NTC is a key player in the sector and hence revival of the NTC is also one of the key agendas of the government for the textile sector by transforming it into an integrated company capable of addressing the clothing needs of the nation. We have hence launched the historic e-auctions which brought a total of Rs 2133 crore so far in four online biddings,” the Textiles Minister said.

The NTC has made a turn-around within a short span to emerge as a debt-free company with a highly competitive revival strategy. ``This newsletter will be the right tool to communicate with the outside world on its endeavours, business model and achievements, while strengthening the bonds within and rekindling the passion for growth,'' Thiru Maran said.

The first newsletter of the NTC has included the major achievement of the company during the last one year, besides carrying the news and pictures of the in-house developments in the recent past.

Press Information Bureau

Must ReadView All

Textiles | On 26th May 2017

Lenzing unleashes new eco-friendly fibre

There's a new eco-friendly fibre on the anvil—Austrian speciality...

Apparel/Garments | On 26th May 2017

Benetton seeks approval for FDI in single-brand retail

Global fashion brand Benetton Group, has sought Indian government's...

Apparel/Garments | On 26th May 2017

Walmart to conduct GST workshops for SME suppliers

With the objective of supporting its small and medium-sized (SME)...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Johan Berlin
InvestKonsult Sweden AB

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

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...

Prathyusha Garimella
Prathyusha Garimella

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

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

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


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