Home / Knowledge / News / Textiles / Textiles to be included in second stimulus package

Textiles to be included in second stimulus package

15
Dec '08
Mr Kamal Nath, Commerce Minister
Since most of the industry bodies are not too pleased with the recent announcement of the fiscal package, the Commerce Minister Mr. Kamal Nath has said that the government will announce more measures to stimulate the economy in a few days time.

Sectors which were not included in the fist package will be included in the second relief package added the Minister, who also said that it will be a ongoing process with the government coming out measures as and when required.

The sectors which can expect to see more relief in the next package could be engineering, textiles and agriculture along with more re-financing for exports and exports to grow in the next fiscal between 16-20 percent, he said.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 6th Jul 2020

UK, Kenya agree to start post-Brexit trade negotiations

The UK and Kenya agreed to start talks on a post-Brexit trade pact in ...

Pic: ICAC

Textiles | On 6th Jul 2020

China to be largest importer of cotton lint in 2019-20

Despite a 12 per cent decrease from the previous season attributed to ...

Pic: Beyond Leather Materials,

Textiles | On 6th Jul 2020

Danish company generates €1.1 M for plant-based leather

Beyond Leather Materials, a company that produces plant based,...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Ghanshyam Ghoghari, Kimora Fashion

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

N Nithyanandan,

N Nithyanandan

Incorporated in 1999, Purani Textiless Private Limited is one of the...

Abhishek Dhanuka,

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Hardik Sanghvi,

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

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

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

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

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

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


July 2020

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


Advanced Search