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

Courtesy: EVG photos from Pexels

Apparel/Garments | On 16th Aug 2018

Bangladesh ups garment export target to $32.689 bn

The Government of Bangladesh has increased the country’s readymade...

Courtesy: PR Newswire

Apparel/Garments | On 16th Aug 2018

Shoppers go to stores for thrifting experiences: Survey

Despite growth in e-commerce, shoppers still head to retail stores...

Pak ministry invests in training textile sector workers

Textiles | On 16th Aug 2018

Pak ministry invests in training textile sector workers

Pakistan’s ministry of commerce and textile industry is offering...

Interviews View All

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Top executives
Textile & apparel bodies

The decision to reduce GST on MMF yarn to 12% is transformational

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Hardik Sanghvi

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

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Razvan Popescu
Directa Plus SpA

Directa Plus is one of the largest producers and suppliers worldwide of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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


August 2018

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

news category


Related Categories:

Advanced Search