NEW DELHI : Factories that are the first to set up at textile mega-parks will get incentives of 3% of their revenue, textile secretary Rachna Shah said. The mega-parks, announced under the ₹4,445-crore PM Mega Integrated Textile Regions and Apparel (PM MITRA) scheme are to come up in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh and Maharashtra. “The Centre will be providing the incentive support to the manufacturing factories that would come in first -- the first movers. They will be incentivized to the tune of 3% of the revenue. Suppose there is an anchor investor, who brings in investment of ₹300 crore to a park, then there will be an incentive that can be ₹10 crore per year with a cap of ₹30 crore," Shah said in an interview. Moreover, the Union government has discussed a stable power regime for the textile parks and the state’s attitude toward the proposed four labour codes that aim to facilitating ease of doing business by replacing 29 laws. Changes in labour laws are expected to have a major bearing on the mega parks as textile is a labour intensive sector. The parks alone are expected to employ 2 million workers. The Economic Survey had stated that new laws are in tune with the changing labour market trends and, at the same time, accommodate the minimum wage requirement and welfare needs of unorganized workers, including self-employed and migrant workers. The secretary said issues related to the availability of reliable power supply and the quality of power is important for any industrial park and the central government has had discussions about this with the states. “We’ve discussed in detail with the states about their industrial policy and their textile policy and whether they would be offering any special incentives. Most of the states have their own policy framework for assured power and water supply," she added. On the proposed labour laws, the official said the Centre has had discussions with the states in terms of their acceptability. “We have taken note of their existing labour policies as well as their attitude to the four labour codes," Shah added. The mega-parks will be developed by a Special Purpose Vehicle (SPV) which will be owned by the state government and Centre in a public private partnership (PPP) mode. The textiles ministry had notified setting up of seven mega textile PM MITRA parks on 21 October 2021 after it was announced in Union Budget for 2021-22. The scheme is aimed at developing an integrated large-scale and modern industrial infrastructure facility for the textile industry. It is expected to reduce logistics costs and improve competitiveness of Indian textiles facing competition from countries such as Bangladesh and Vietnam. The textile sector also has been among the top focus areas of the government in the free trade agreements that India is negotiating with various countries. India has negotiated zero duty access for textile exports in the trade deals with UK and EU which could help boost domestic production.
Source: Mint
The textile industry here has expressed concern over pending BIS certification for overseas manufacturers of viscose staple fibre. The Bureau of Indian Standards (BIS) will issue certificate to manufacturers of viscose staple fibre (VSF) who comply with its standards (IS17266: 2019) and the hallmark is mandatory from Wednesday. However, several variants of VSF are imported, industry sources here point out. Many of the overseas manufacturers who had applied for the certification are yet to get it. Further, those who had placed orders for the fibre and are awaiting shipment will not be able to take delivery when the goods reach India as there is no hall mark. This will hit the textile manufacturers here, they say. Since the process of BIS certification is yet to be completed for several suppliers, the BIS should expedite the certification process and also implement the Quality Control Order only after all the issues are sorted out, they said. Further, the BIS certificate will become mandatory for a few polyester items from April 3. Many of these manufacturers have also not got the certificate yet, they pointed out. The industry fears shortage in availability of the fibres and also costs going up.
Source: The Hindu
Union Minister for Textiles, Commerce and Industry, Piyush Goyal has said that India is the fifth largest producer of technical textiles in the whole world with a market size of nearly US $ 22 billion, which we hope to build up to US $ 300 billion when we turn 100 by 2047. Virtually addressing a national conference on Geo Textiles, the Minister said that with robust growth in infrastructure that is being created in India, he believes that significant contribution will be done to increase market potential in the geotextiles and technical textile sector. Thus, considering the growth of the sector, substantial efforts have been made to proactively address the challenges of this industry and facilitate the creation of an enabling environment. He quoted reforming schemes like the production-linked incentive scheme, PM Mitra Park Scheme and also spoke about the National Technical Textiles Mission and various ease-of-doing-business initiatives to make it easier for businesses to work and operate in India, all of which will help transform India from only a traditional textile industry to a technical textile and MMF (man-made Fibre) hub in the world. “The coming decade can prove to be the golden decade for the geotextiles industry with large-scale investments both in infrastructure and manufacturing activities. This is the right time for us to capture world markets with growth, economies of scale, speedy implementation of projects and high-quality products suitable for the best customers across the world. I can assure you this deeply committed to working with all stakeholders to generate demand, strengthen research, breakout due applications for technical textiles, promote start-ups to bring innovation, in fact, bring that growth momentum that all of us are eagerly looking towards and working for,” he said.
Source: Apparel Resource
The Asia's third-largest economy recorded year-on-year growth of 4.4 per cent in October-December, down from 11.2 per cent a year back and 6.3 per cent in the preceding quarter. Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said that the Indian Economy is likely to grow at the rate of 6.5 per cent in the coming decade on the back of the turnaround in financial and investment cycle. The CEA Also stated that global exports growth volumes may be somewhat tepid in terms of their growth rates due to the kind of uncertainties the world is facing. "So, I think the restoration of the financial, credit and the investment cycle in the commercial sector and the real estate sector will probably see us growing on an average of six and a half per cent in the coming decade," he said. The Asia's third-largest economy recorded year-on-year growth of 4.4 per cent in October-December, down from 11.2 per cent a year back and 6.3 per cent in the preceding quarter. The finance ministry's Economic Survey has projected the economic growth to be 6.5 per cent in the 2023-24 fiscal beginning April 2023, while the RBI has projected India's economic growth to slow down to 6.4 per cent in FY24 from 7 per cent in the current fiscal. Nageswaran attributed the slowdown in India's economic growth just before Covid-19 pandemic to the classic financial cycle distress that India went through. "If you look at data from 2012 onwards, so basically pre-pandemic period itself, we went through a period of classic financial cycle repair, credit cycle repair, which is what brought down a slowdown in the construction sector, and real estate sector," he opined. According to Nageswaran, in the second decade of the century, by the time India could start thinking of enjoying the repaired balance sheets, came the pandemic for two years. "And then came the commodity price shock and later came the interest rate shock in the second half of the 2022," he said, adding that so naturally, some of these things do induce uncertainty in the minds of private investors and they may be a little bit more cautious than they might have been. Referring to India's energy security, Nageswaran said there is tremendous pressure on energy transition for justifiable reasons. "So there is no question of denying that there is a need for energy transition, but the question is how do we go about it?," he asked. Noting that developing countries including India, definitely need economic growth to finance their energy transition requirements, Nageswaran said without domestic savings, there is no question of adequacy of resources for financing energy transition. While emphasising that to address climate finance, there is need to address economic growth first, he said somehow relegating economic growth and development to the second to the fringes to put climate issues on top of the agenda would be actually doing a disservice to the climate agenda. "If we are going to attract so much private sector capital for climate transition or energy transition, what happens to the current account deficit?," he wondered. Replying to a question on production-linked incentive (PLI) scheme, the CEA said the exit clause is very important for any scheme. The government has announced PLI schemes for 14 sectors, including white goods, textiles and auto components. The objective of the PLI scheme is to make domestic manufacturing globally competitive, create global champions in manufacturing, boost exports and create jobs.
Source: Live Mint
The Gujarat Chamber of Commerce & Industry (GCCI) is organising the Textile Leadership Conclave 2023 in Ahmedabad on April 8, 2023. Chief Minister of Gujarat, Bhupendra Patel will be the chief guest of the event, while Darshana Jardosh, Minister of State for textiles and railways, will be the guest of honour. Textile leaders and various companies will share success journey at the conclave. The eminent speakers at the event include Kulin Lalbhai, executive director of Arvind Ltd; Santosh Banthia, director of Citizen Umbrella Manufacturers Ltd; Dr. Sharad Saraf, chairman of Technocraft Industries; and Sanjay Jain, managing director of TT Ltd. Additionally, Kushal Shah, a trader from Louis Dreyfus Company (LDC) will speak on ‘World Cotton Scenario’, and Prashant Agrawal, joint managing director, Wazir Advisors Pvt Ltd, will speak on India vs Rest of World in Textiles. Registration and networking will begin at 2 pm and the event will be inaugurated at 3 pm, followed by talks and presentations by the speakers. Reliance Industries Limited, Welspun and Chiripal are the lead sponsors of the event.
Source: KNN India
Greenikk developed the system by ensuring a steady supply of banana stem fibre to entrepreneurs and artisans to produce high-value goods having a huge demand in domestic and global markets, the Kerala-based startup said. Greenikk said it aims to ensure supplementary income for farmers by using the wasted materials for making banana fibre handicraft and textile products, and manure or poultry feed -- all under its own brand. Agri startup Greenikk, which created India's first full-stack banana supply chain, has developed a waste-to-value system to strengthen the country's banana fibre-based industry, which turns the otherwise wasted material into handicrafts and textiles. Greenikk developed the system by ensuring a steady supply of banana stem fibre to entrepreneurs and artisans to produce high-value goods having a huge demand in domestic and global markets, the Kerala-based startup said in a release on Wednesday. India, the largest producer of bananas in the world, has around 120 varieties that are grown year-round and almost 20 crore post-harvest plant stems are burned or wasted every year. Greenikk said it aims to ensure supplementary income for farmers by using the wasted materials for making banana fibre handicraft and textile products, and manure or poultry feed -- all under its own brand. As part of the initiative, Greenikk said it had already made arrangements for providing banana fibre to markets in Tamil Nadu, Karnataka and Kerala, besides organising training for micro-entrepreneurs across the three southern states. It said it was also focusing on various home decor products and artefacts made of banana fibre, as there was a strong demand for value-added products in overseas markets such as France, Spain and USA. "By creating this waste-to-value chain in the unified banana ecosystem, our focus is on understanding the basic problems in the market and finding viable solutions that would benefit a wide range of industries and crafts using banana fibre," Fariq Naushad and Previn Jacob, the Kerala tech duo who founded the startup, said. According to the release, the lack of an adequate supply of raw materials was a major hurdle for mechanised banana fibre processing which is essential for the production of value-added goods profitably, they said. "Another problem is lack of quality standards and specifications, with each unit preferring a different quality of fibre based on its colour, tensile strength, and cellulose content. "Absence of a proper sales channel and lack of external support for training and design are also adverse factors faced by the sector, forcing fibre units to close," the startup said. "Greenikk, which works with large players in the market like Reshamandi and Extra weave, has tried to solve these problems by developing a model created by its R&D facility at Theni in Tamil Nadu, a major banana-producing region in south India. The model is based on optimising fibre output while minimising production costs," the release said. "We did testing with 45+ varieties of banana breeds and shortlisted three fibre varieties based on their colour, tensile strength and cellulose content. The requirement of buyers depends mainly upon these three parameters. Our efforts have resulted in a healthy increase in demand for banana fibre by creating awareness about its prospects across 12 different industries," the Greenikk founders said. Greenikk said it had partnered with more than 600 women artisans and, with the help of a design team, were developing unique product concepts for the global market. The strategy involves creating a front-end sales channel to guarantee the regular transportation of finished goods, which will generate a proper livelihood for these women artisans, it said. It has also created a new D2C (Direct to Consumer) Instagram page under the name greenikk.shop, the release said.
Source: Money Contr
'The African region has always been a very attractive market due to the huge market potential, so the delegation was aimed at exploring the opportunities from this very lucrative continent'. A multi-product Indian business delegation on a five-day visit to South Africa and neighbouring Botswana has been well-received by potential partners for trade and investment in both countries, the delegation leader said on Wednesday. The delegation from the Federation of Indian Export Organisations (FIEO) explored the business opportunities in these two nations. Under the theme Balancing and Nurturing Trade Relations and Developing Promising Bilateral Trade, day-long seminars including local speakers were co-hosted by FIEO and the Indian missions in Johannesburg and Gaborone, followed by Business-Business meetings and interactions with government ministers and officials. The delegation has been well-received by potential partners for trade and investment in both South Africa and neighbouring Botswana, delegation leader Khalid Khan told PTI on Wednesday. The African region has always been a very attractive market due to the huge market potential, so the delegation was aimed at exploring the opportunities from this very lucrative continent, Khan said. FIEO is mounting this delegation at a precise time when India is evolving and transforming its way of doing business. I am confident that this delegation will be a significant step in that national effort, he added.
Source: Business Standard
Inspired by the idea of Hon’ble Prime Minister, aimed at making all our cities ‘Garbage Free’ under Swachh Bharat Mission- Urban 2.0 and focus on ‘Swachhta’, Technology Development Board, a statutory body of Department of Science & Technology, Government of India invited applications from Indian companies having innovative/indigenous technologies at commercialization stage in waste management domain. The call for proposal aimed at making Indian cities waste free and at the same time generate wealth from waste through technology interventions i.e., ‘Waste to Wealth’. Today, Technology Development Board signed the first agreement under the initiative. TDB penned the agreement with M/s Sahi Fab Private Limited, New Delhi for development & commercialisation of ‘Agricultural waste of stem materials like industrial hemp, flax and nettle etc. into Fibre’. The board has pledged a support of ₹1.38 Crores out of the total project cost of ₹2.08 crores. Industrial Hemp (iHemp) is made up of varieties of Cannabis Sativa that `contain less than 0.3% Tetra hydro cannabinol (THC). The small brown seeds (iHemp) contain a rich nutritional food containing protein, fibre, and healthy fatty acids, including omega-3s and omega-6s that help in reducing symptoms of several diseases, improving the health of the heart, skin, and joints. In addition, the stem holds various properties such as antibacterial properties, prevention of UV rays owing to its composition consisting of cellulose, hemicellulose, pectin, lignin etc. Whereas, it consumes less amount of water in cultivation as compared to cotton, emits less carbon dioxide, uses less energy and better carbon sequestration than cotton and polyester fibre. However, due to lack of technology it remained unexploited, despite being a good source of sustainable, environment friendly fibre and also one of the strongest and most durable natural textile fibres. Thus, with an aim to creating wealth out of the unexploited waste, the company has come up with an innovative solution by manufacturing fiber /fibrous products out of this waste in three steps as follows: • Decortication: The hemp stem is processed through the indigenously developed Decorticator machine. • Wet Processing: The extracted fiber is treated with alkali / enzymes using high temperature high pressure (HTHP) machines. • Fiber Processing: The treated fiber is individualized through carding and can be processed through different routes, one of them being needle punching (nonwoven). The extracted fiber from the stem will not only contribute to circular economy and but also upsurge the income of the farmers by 7 times approx. Speaking on the occasion, Sh. Rajesh Kumar Pathak, IP&TAFS, Secretary, TDB said that, “TDB has been a forerunner in helping innovative indigenous technologies, aimed at improving the ease of living for common man. Many of the Startups are venturing into fresh domains, and therefore seeks financial assistance to accomplish their endeavours. M/s Sahi Fab is one such start-up which is developing Fibre from agricultural waste that remained unexploited due to lack of technology.”
Source: PIB
In a bid to achieve a carbon-neutral fashion industry, clothing brands are increasingly concentrating their efforts on using eco-friendly products, reducing the use of plastic, and minimizing wastage. Here are some factors that will define how the sustainable clothing space shapes up in 2025: • Reduction in carbon footprint One of the integral steps towards sustainable clothing is reducing the overall ecological footprint of our wardrobe. Serious factors like plastic waste, greenhouse gas emissions, textile wastes, as well as air, water, and soil pollution have plagued the idea of adopting a sustainable approach to fashion. However, the carbon footprint can be reduced by means of preference for environmentalfriendly products, wherein the consumers opt for clothing that is fairly and ethically produced with ecological products. Choosing eco-friendly materials and low-impact fabrics over plastic or cheap synthetic fabrics like polyester, nylon, and acrylic goes a long way in reducing the carbon footprint. • Digitization The future of sustainable clothing in the year 2025 is directly related to the process of digitization of the supply chain which in turn leads to more transparency and traceability. With the current consumers of clothing concentrated across the Gen Zs and millennials, it becomes increasingly important to cater to their requirements. When looked closely, Gen Zs in general prefer brands that are sustainable, authentic, and transparent. Digitization helps these customers to leverage real-time data for better traceability, wherein they can verify the whole production process right from the raw material stage to the finished government stage. RFID (Radio-Frequency Identification) is one means by which supply chains can be made more efficient and effective in order to solve massive retail problems. Retailers, with the help of RFID, can know which products aren’t selling in real-time in order to take remedial measures to improve sustainability. • Using recycling products & fabrics Too much production of clothing products and fabrics leads to as much wastage. To curb the wastage of resources and materials, it’s essential to adopt the process of recycling. Around 95% of textiles are sent to landfills each year, and recycling is what can help prevent it and thereby, prevent unnecessary wastage of material. Moreover, the production of virgin fabrics is one of the main sources of pollution caused by the fashion industry, and recycling older fabrics would clearly lead to a lesser need for new ones. Using recycled shopping bags which are strong and durable in nature, instead of plastic bags when shopping also helps in reduction in the environmental impact of clothing. • AI becomes the design partner Artificial Intelligence (AI) as a design partner could be a big boost to the shaping of sustainable clothing in the year 2025. Firstly, it could aid in Fashion trend detection and lower forecasting errors by almost 50%. AI along with intelligent automation will also contribute to green fashion while also making use of human stylists and consumer inputs to design the best products which are suited to the style and size while also being sustainable. • 3D Printing 3D printing has the tools to revolutionize the sphere of sustainable fashion in the future as it can use digital fabrication technology to print garments completely from scratch. The process helps in using easy-to-fabricate, green materials to make high-quality & intricately-designed clothes at very low costs. • Clothing-As-A-Service (Caas) The service works on the distribution model under which customers can avail of clothing and accessories on a temporary basis through rental or subscription. With the process already underway with many clothing brands, the process will clearly become more popular by 2025 in what will be something that contributes massively towards sustainability in the fashion industry. • Virtual Reality (VR) & Augmented Reality (AR) VR and AR bridge the gap between brands and consumers during both the online and instore experiences. Through the provision of digital garments, VR and AR reduce fashion’s impact on earth’s resources to reduce pollution and overall wastage. • Social Issues & Consumer Shopping Behavior Meager working conditions, exploitation, and forced and bonded labor are some of the major concerns in the fashion industry for the longest time. Addressing these problems along with the promised accountability and transparency in operations and the manufacturing process will transform the clothing industry in the future for the better. Another factor that will change the landscape of sustainable clothing in the future is consumer shopping behavior. Fortunately, more and more customers are leaning towards sustainable clothing which includes purchasing garments made out of eco-friendly materials and Lyocell and biobased plastics, which are comparatively better than conventional plastics. CONCLUSION To conclude, there is a dire need for the fashion industry to set the right example in terms of making things more sustainable, and the early signs are very positive. Sustainable clothing is one sphere which will contribute massively towards tackling climate change and loss of biodiversity, and it will benefit brands in general if they choose to change with the times and treat it as the new normal.
Source: Times of India
Jakarta (ANTARA) - The Ministry of Industry is implementing a machine restructurization program to provide support for the textile and textile products (TPT) industry that in turn will improve the industry's competitiveness amid global uncertainty. The program focuses on the fabric industry and aims for 13 companies to participate, with the budget totaling Rp4.7 billion this year, the ministry's Acting Director General of Chemical, Pharmacy, and Textile Industry (IKFT), Ignatius Warsito, stated in a statement here on Wednesday. The machine restructurization program is expected to drive companies to use more modern, efficient, and eco-friendly machines and/or equipment so as to improve the level of competitiveness in accordance with the "Making Indonesia 4.0" road map. "The program is once again being implemented after previously in 2021 and 2022, as many as 23 companies had benefited from it. The program has vindicated itself to be capable of improving products' productivity, efficiency, and quality," Warsito said.
The TPT industry's performance in 2022 still managed to show good result amid the pressure of the global crisis. The export value of the textile industry hit US$13.83 million, with a total of 3.65 million people employed in the industry. "In terms of the GDP (gross domestic product), the TPT industry grew 9.34 percent and contributed as much as 1.03 percent to the national GDP," he stated. The budget will be used to provide reimbursement of price discounts of 10 percent of the total investment in machinery and equipment originating from imports or 25 percent for those produced domestically. Companies are able to apply starting from March 24 to June 30 in accordance with IKFT's Rule No. 11 of 2023 regarding the Implementation of Machine Restructurization Program and Equipment of Fabric Industry. The applications can be submitted via each company's SIINas account. The submission period might be extended if necessary. The machinery or equipment to be included in the program should meet the purchasing installation period between June 1, 2022, and June 30, 2023. They should have been installed at the location according to their industrial permit and should be proven by purchasing and payment documents as well as the results of field visits. Warsito remarked that some other policies have been implemented well by the government by offering both fiscal and non-fiscal incentives in order to maintain the TPT industry's performance. The policies include the improvement of commodity balances and raw material supply chains, implementation of the so-called industry 4.0, Specific Natural Gas Price (HGBT), import control and imposition of trade remedies on the TPT industry, Domestic Product Use Program (P3DN), and enhancement of human resources' competency through the "link and match" vocational program. "The TPT industry is expected to optimally take benefits from the program in order to improve productivity, efficiency, and quality of its products which in turn will help in improving the quality of the companies and textile industry in general," Warsito concluded.
Source: Antara News
In 2022, the Philippines exported apparel worth $368.74 million, with the United States being the largest market, accounting for 57.13 per cent of the total apparel exports. The Philippines shipped apparel worth $210.67 million to the US. Trade recovery seen after the COVID-19 disruption, continued in 2022. The US was the top market for the Philippines' apparel exports, with more than half of the total share, indicating the country's dependence on the world's largest economy. South Korea was the second-largest market, accounting for only one-fifth of the top market's share. The Philippines exported apparel worth $35.877 million to South Korea in 2022, which was 9.73 per cent of the total shipment, according to Fibre2Fashion’s market insight tool TexPro. Among the top five markets, the Philippines exported apparel worth $22.116 million (6 per cent of total) to Canada, $19.539 million (5.30 per cent) to Japan, and $16.719 million (4.53 per cent) to Italy. The Philippines' apparel exports to the world increased by 25.17 per cent to $368.74 million during 2022, compared to the preceding year 2021. The outbound shipment recovered to $294.529 million in 2021 from $268.397 million in 2020. The COVID-19 pandemic led to a decline in exports during 2020. The trade was recorded at $372.130 million in 2019, as per TexPro.
Source: Fibre2 Fashion
Pakistan and Australia have agreed to enhance bilateral trade, especially in the fields of agriculture, textile and tourism. The understanding was reached during a meeting between Commerce Minister Syed Naveed Qamar and Australian High Commissioner to Pakistan Neil Hawkins in Islamabad. The two sides discussed the possibility of preferential market access under formal arrangements like PTA and FTA between Pakistan and Australia. The commerce minister called for enhancing bilateral trade with Australia to its true potential, besides enhancing cooperation and transfer of technology in developing food processing, dairy and cattle industry.
Source: Radio Pakistan
The Centre has taken a major step towards increasing efficiency in decision-making and empowered joint secretaries to report to secretaries directly, officials said on Wednesday. Joint secretaries usually route files via additional secretary or equivalent, they said. "A major step of delayering is being implemented in almost all the central government departments. With this, all joint secretary (JS)/equivalent report directly to the secretary and an undersecretary (US)/deputy secretary (DS) report directly to additional secretary/equivalent," a senior official said. All ministries have been advised that no physical papers or receipts should be generated for inter/intra ministerial circulation, it said in the report. "The ministries should ensure that a file should not move through more than four levels," reads the recent report. Full implementation of delayering implies that all JS/equivalent report directly to the secretary or US/equivalent report directly to JS/equivalent and DS/equivalent report directly to AS/equivalent, it said, explaining the process. "Out of 74 ministries/departments which have submitted self-assessment forms, 91 per cent of ministries/departments have delayered. However, there are still few ministries where joint secretary is reporting through additional secretary," the report said. The DARPG had in August last year asked all central government ministries to implement a "four-pronged approach" including "delayering" for increasing efficiency in decision making. "Governance reforms through efficient decision making have been seen to be one of the top priorities of the government to make the administration responsive, accountable and citizen-centric," it had said. In this context, the central secretariat had in 2021 adopted the initiative for increasing efficiency in decision-making in the government. "Under this initiative, a four-pronged approach was adopted by the central government with DARPG being the nodal department for implementing the same," the order had said. Reforms of delayering, delegation, digitisation and desk officer system have led to defined work allocation, reduced channels of submission and timely decision-making, embodying the principle of 'minimum government, maximum governance', another senior officer said. The railways ministry, road, transport and highways ministry, external affairs ministry, ministry of textiles, culture ministry, tribal affairs ministry, central board of direct taxes, department of youth affairs, department of biotechnology, department of atom Central board of direct taxes, department of youth affairs, department of biotechnology, department of atomic energy, department of empowerment of persons with disabilities and DARPG among others have been "fully delayered", according to the latest report. Besides these, the civil aviation ministry, steel ministry, minority affairs ministry, ministry of new and renewable energy and ministry of skill development and entrepreneurship have also been "fully delayered". Whereas, the ministry of electronics & information technology, mines ministry, power ministry, corporate affairs ministry, information and broadcasting ministry, labour and employment ministry, housing and urban affairs ministry, coal ministry, ministry of water resources, river development & Ganga rejuvenation and the department of personnel and training (DoPT) have been "partially delayered", the report said. The home ministry, panchayati raj ministry, ministry of environment, forest and climate change, department of agriculture, cooperation and farmers welfare, department of military affairs and department of health and family welfare have "not been delayered", it said.
Source: Deccan Herald
The world's largest apparel and textile show called "intertextile" is taking place in Shanghai. The three-day event has attracted 3,000 firms looking for new business opportunities. Domestic textile makers are eyeing on overseas business expansion and foreign exhibitors want to further explore the China market.
Source: CGTN
The Ministry of Industry is implementing a machine restructuration program to provide support for the textile and textile products (TPT) industry that in turn will improve the industry's competitiveness amid global uncertainty. The program focuses on the fabric industry and aims for 13 companies to participate, with the budget totaling Rp4.7 billion this year, the ministry's Acting Director General of Chemical, Pharmacy, and Textile Industry (IKFT), Ignatius Warsito, stated in a statement here on Wednesday. The machine restructurization program is expected to drive companies to use more modern, efficient, and eco-friendly machines and/or equipment so as to improve the level of competitiveness in accordance with the "Making Indonesia 4.0" road map. "The program is once again being implemented after previously in 2021 and 2022, as many as 23 companies had benefited from it. The program has vindicated itself to be capable of improving products' productivity, efficiency, and quality," Warsito said. The TPT industry's performance in 2022 still managed to show good result amid the pressure of the global crisis. The export value of the textile industry hit US$13.83 million, with a total of 3.65 million people employed in the industry. "In terms of the GDP (gross domestic product), the TPT industry grew 9.34 percent and contributed as much as 1.03 percent to the national GDP," he stated. The budget will be used to provide reimbursement of price discounts of 10 percent of the total investment in machinery and equipment originating from imports or 25 percent for those produced domestically. Companies are able to apply starting from March 24 to June 30 in accordance with IKFT's Rule No. 11 of 2023 regarding the Implementation of Machine Restructurization Program and Equipment of Fabric Industry. The applications can be submitted via each company's SIINas account. The submission period might be extended if necessary. The machinery or equipment to be included in the program should meet the purchasing installation period between June 1, 2022, and June 30, 2023. They should have been installed at the location according to their industrial permit and should be proven by purchasing and payment documents as well as the results of field visits. Warsito remarked that some other policies have been implemented well by the government by offering both fiscal and nonfiscal incentives in order to maintain the TPT industry's performance. The policies include the improvement of commodity balances and raw material supply chains, implementation of the so-called industry 4.0, Specific Natural Gas Price (HGBT), import control and imposition of trade remedies on the TPT industry, Domestic Product Use Program (P3DN), and enhancement of human resources' competency through the "link and match" vocational program. "The TPT industry is expected to optimally take benefits from the program in order to improve productivity, efficiency, and quality of its products which in turn will help in improving the quality of the companies and textile industry in general," Warsito concluded.
Source: Antara News
