Home / Knowledge / News / Textiles / Eight industrial projects to be inaugurated shortly
Eight industrial projects to be inaugurated shortly
Feb '11
Dr. T.M. Thomas Isaac, Finance Minister of Kerala revealed that eight new industrial projects worth Rs 1250 million will be shortly inaugurated and another five projects will be commissioned within a period of one year.

The Minister, while presenting the Budget for 2011-12 in the State Legislative Assembly said that these eight projects will be installed before the budget session gets over.

He further added that around six of the total nine projects worth Rs 2600 million, which were meant for expansion of the public sector enterprises, will be completed in 2011 only.

This includes the restoration of Malabar Spinning and Weaving Mill into a modern facility with 25,000 spindles and a weaving centre for Rs 150 million; upgradation of Sitaram Textiles for Rs 200 million.

The establishment of a new spinning and weaving facility for Rs 360 million and a hosiery manufacturing unit for Rs 300 million at Kerala Spinners, Alappuzha are also included under the proposed ventures.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Urs Stalder
Sanitized AG

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

Giorgio Mantovani
Corman S.p.A

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

Madhu Jain
Madhu Jain

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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