Home / Knowledge / News / Textiles / TEA urges Tamil Nadu govt to announce textile policy
TEA urges Tamil Nadu govt to announce textile policy
24
Jul '17
The Tiruppur Exporters' Association (TEA) has urged the state government of Tamil Nadu for the announcement of textile policy for the state. The policy will boost investment and will help in the growth of the textile industry including exports, said the association in a representation made to Tamil Nadu chief minister Edappadi K Palaniswami.

States such as Gujarat, Maharashtra, Karnataka, Madhya Pradesh, Andhra Pradesh and Rajasthan and Odisha already have the policy and are attracting investments.

The state textile policy should provide 8 per cent interest subsidy/10 per cent capital subsidy to modernisation or expansion of garment units, said TEA in a statement. Tamil Nadu government should also give incentives for setting up of technical textiles units in the state. It has also sought for the support of the textile department of the state for development of the technical textiles units.

TEA has asked for announcement of 25 per cent capital subsidy for setting up of Common Effluent Treatment Plant (CETP) and also Individual Effluent Treatment Plant (IETP) in the state. Further, they have also requested for power subsidy at 25 per cent to reduce the cost of treatment and processing charges for ETP. Further, the government should also install a separate power station in Tiruppur for the growth of the knitwear sector. The state government should help the Centre in the setting up new textile parks and textile processing parks.

With Tamil Nadu Knitwear contributing 60 per cent of the country's knitwear production, the association has urged for Knitwear Board which can act as a catalyst for growth of this industrial segment.

The association has also requested the state government for reduction of GST rate for job work operations to 5 per cent from 18 per cent and 12 per cent rate on manmade fibres instead of 18 per cent. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Anvita Mehra
Confidential Couture

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

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Marten Alkhagen
Swerea IVF AB

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

Mohammad Hassan
Biax Fiberfilm

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Vaanee Bhatia
Gritstones Clothing

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women 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

September 2017

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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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