Home / Knowledge / News / Textiles / Textile research bodies told to use allocated funds
Textile research bodies told to use allocated funds
31
Dec '15
Textile Commissioner Kavita Gupta has called upon India's textile research associations to utilise the funds allocated under Technology Mission for Technical Textiles (TMTT) and insisted that there is no dearth of funds to support the sector.

Addressing the 56th Joint Technological conference of four major textile research associations -- BTRA, SITRA, ATIRA and NITRA – in Coimbatore, Gupta said the fund utilisation on average was 76.51 per cent, with Bombay Textile Research Association (BTRA) finishing at the bottom of the heap with only 33 per cent utilisation of funds.

She pointed out that of the Rs 9 crore released out of the allocated Rs 13.5 crore, BTRA's Centre of Excellence for Geotech had utilised only Rs 3.01 crore.

South India Textile Research (SITRA) has utilised Rs 9.72 crore of the released fund of Rs 11.43 crore, while Ahmedabad Textile Industry Research Association (ATIRA) is still to use Rs 2.46 crore of the released amount of Rs 22.99 crore, Gupta said.

The Textile Commissioner described technical textiles as the future of the industry. The market size is projected to expand from Rs 75,925 crore in 2012-13 to Rs 1,58,540 crore in 2016-17 at a growth rate of 20 per cent year-on-year, she said. (SH)

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...

Indian investors interested in denim production in Vietnam

Textiles | On 16th Aug 2018

Indian investors interested in denim production in Vietnam

Indian fabric firms are shifting attention from China to Vietnam,...

India's textiles, apparel exports fall by ₹8000 cr: Govt

Apparel/Garments | On 16th Aug 2018

India's textiles, apparel exports fall by ₹8000 cr: Govt

India’s textiles and apparel exports dropped by nearly ₹8,000 crore...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Top executives
Retailers

Weak rupee breeds inflation

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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


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