FASHION FORECAST
PREMIERE VISION & INDIGO AUTUMN WINTER 2014 - 15 Lively Stripes / Hand-Crafted Checks / Decorative Edge / Earth's Surface / Energised Florals / Mathematic Geometry / Inked and Worn / Minute Precision / Artistic Impression / Immersed in Colour / Exquisitely Painted / Textured Precision
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REPORT ON HINDUSTAN CHAMBER OF COMMERCE MEETING Hindustan chamber of commerce organized interactive meet with Shri Anil B. Joshi, Textile Commissioner on 11th January, 2014 on chamber ofce’s conference room, where he was invited to speak on 12th Plan new Textile Policy. Meeting was truly interactive, as members asked their queries, which was satisfactorily answered by Textile Commissioner. He has mentioned 3 important aspect of industry development ie Capital, Labour & Infrastructure. In all three, Ministry had introduced development activity for the benet of industry. Capital: TUFS ( Technology Up gradation Fund Scheme ) . In 12th Plan ( year 2012 -2017) our main focus is on Weaving & Processing. As our Ginning, Spinning industry is already established. We are giving interest Subvention at 6% & Capital Subsidy at 15% on new Machinery with more than 800 RPM Loom (benchmark), as our purpose of giving TUFS for more productivity, quality, and sustainability. Labour: As in the change of Chinese Policy, Labour in China will be higher, also their focus are more on Agriculture development then TEXTILE VALUE CHAIN | Jan-March 2014|www.textilevaluechain.com
Textiles. This situation is in favour of India in Asian countries. Ministry had started Integrated Skill Development Program. Infrastructure : Under Integrated Textile Park Scheme, developing organized clusters in 61 different places in India. In which 20 Park is already functioning successfully. Under “ Group Work Shed” scheme if 4 individual come together and set up 48 looms ( minimum requirement), we provide benets of Rs. 300 / Sq ft for development of small industry. He had also told about Technical textile industry & its development in India
and Internationally. 46