02 November2022, Mumbai:
SIMA-a step in the right direction for the growth of the MMF sector.
In a Press Release issued here today, Ravi Sam, Chairman, The Southern India Mills’ Association (SIMA) welcomed the decision of DGTR and thanked the Hon’ble PM, Narendra Modi, and MoT, Piyush Goyal for the bold decision taken on this front.
He has further stated that as the country started facing a cotton shortage, several hundreds of spinning mills, weaving mills, knitting, and garment capacities are switching over to polyester textile clothing manufacturing and thereby sustaining the financial viability of these segments apart from protecting the jobs of several lakhs of people.
The Union Government has been taking various pathbreaking policy initiatives and addressing the structural issues relating to raw materials especially MMF raw materials, fibres, and filament yarns to gain global competitiveness and achieve exponential growth rate in textiles and clothing manufacturing and its exports.
Author’s Posts
-
Tamil Nadu Textile Sector Begins Strong Recovery
Tamil Nadu Textile Industry Shows Signs of Recovery
After ...May 22, 2025
-
Shahid Kapoor Joins Taapsee Pannu for Vogue Eyewear India
BRAND ANNOUNCEMENT | VOGUE EYEWEAR WELCOMES SHAHID KAPOOR, WHO JOINS TAAPSEE PANNU AS ITS BRAND AMBAS...
May 22, 2025
-
3rd Morocco International Yarn & Fabric Sourcing Show 2025
3rd Morocco International Yarn & Fabric Sourcing Show 2025
May 13, 2025
-
India’s Apparel Exports: Big Potential, Low Share
Despite having the world’s second-largest vertically integrated textile industry, India’s share...May 05, 2025
CITI: India must engage U.S. on tariffs
"Bridging the Information Gap in the Textile and Fashion Industry."
Latest Publications
