Textile Blog, Textile News, Indian and World-wide Textile News » FICCI for 2010 textiles http://www.sava.in/blog Read latest & updated textile blog and news from www.sava.in Sat, 12 Nov 2011 21:11:37 +0000 en hourly 1 http://wordpress.org/?v=3.0 Continuation of stimulus package on demand by FICCI for 2010 textiles http://www.sava.in/blog/2010/02/continuation-of-stimulus-package-on-demand-by-ficci-for-2010-textiles/ http://www.sava.in/blog/2010/02/continuation-of-stimulus-package-on-demand-by-ficci-for-2010-textiles/#comments Tue, 09 Feb 2010 08:35:22 +0000 admin http://www.sava.in/blog/?p=151 Policy named ‘Indian Textile and Clothing Industry: 2015’ is aiming to minimize negative effect of the economic crisis over textile industry of India by making move towards diversification of both domestic market and exports.

Soon when the need of turning around the clothing and textile industry was felt, FICCI, started a move with its five year policy for restricting and revitalizing the textile industry of India. The policy is structured and formulated for neutralizing the adverse impacts of the crisis over textile market of India, diversifying domestic market and exports, encouraging SME enterprises consolidation, increasing consumption of fibre in India, encouraging raised value addition in India, establishing 20 brands of the country around the globe, promoting technical textiles along with high-tech fibres, promoting technologies that reduces emission and raising energy efficiency and increasing indigestion of equipments and technical support, stated FICCI.

The reason behind the establishment of such policy is the changing economic market around the globe where lot more countries like Pakistan, Bangladesh, Vietnam and Turkey etc are developing and giving competition to the textile of India and also to strengthen the industry, added FICCI

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