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Spinning industry in a morass: NITMA

21 Jul '16
6 min read


NITMA's wish list includes grant of MEIS and interest subvention for yarn industry w.e.f. April 1, 2016, formulation of a comprehensive, scientific and unbiased system for crop forecast and arrivals, creating of an All India policy to ensure a holistic development of the entire textile industry in a balanced manner to enable judicious use of government money.

To enable maximum advantage of exports, it also wants the Directorate General of Foreign Trade (DGFT) to provide data of cotton and yarn exports/imports on real time basis. (SH)

Fibre2Fashion News Desk – India

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