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Mega Integrated Textile Region and Apparel(MITRA) was announced in 2021 by Government of India to encourage the Textile Industry. [1] [2] [3] Shortlisted places in the states can set up Mega Integrated Textile Region and Apparel either at brownfield (which has been built on) sites or at greenfield (not earlier been built on) sites. [4] [5]
India exports yarn to Japan, United States, United Kingdom, Russia, France, Nepal, Singapore, Sri Lanka and other countries. India has the second-largest installed capacity of spindles in the world, with 43.13 million spindles (30 March 2011) [25] after China. Although India has a large share in world trade of cotton yarn, its trade in garments ...
These 119 mills were controlled by NTC(HC) Ltd with the help of 9 subsidiary Corporations, with an authorised capital of ₹ 100 million (US$1.2 million) which was raised from time to time and which is now ₹ 50 billion (US$580 million) [3] and the paid up share capital of the corporation is ₹ 30,621.6 million (US$350 million) as on 31 March ...
DealStreetAsia is a Singapore-based financial news website, founded in 2014 by Joji Thomas Philip.. It is a financial news platform tracking private equity, venture capital activity, deal flows, initial public offers, investments, fund-raising, startups and targets and aspires to be the go-to destination portal for deal activity in Asia.
Textiles. The state is one of the largest producer of textile yarns and finished garments, accounting for more than 70% of the national output. The department is responsible for the management of entire textile supply chain including facilitating resources including materials, land and labour, textile machinery, education and research and promotion. [13]
The Ministry of Textiles is an Indian government national agency responsible for the formulation of policy, planning, development, export promotion and regulation of the textile industry in India. This includes all natural, artificial, and cellulosic fibers that go into the making of textiles, clothing and Handicrafts.