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E-Newsletter (Vol.6 )

NATIONAL

  • High tech textile park planned near Hyderabad cluster
  • Indian textile-clusters crucial to the success story
  • IRDA Rules Out Liberal FDI Norms in SEZs
  • Bid to rejuvenate crafts through the cluster approach
  • Park in Salem for the apparel sector a distant dream

INTERNATIONAL

  • Govt. may make it compulsory for entrepreneurs to have own website
  • Indonesia lobbies for greater Asian voice, more investment in clusters

EVENTS

  • SISI and OGTC organizing a Cluster Development Programme

NATIONAL

High tech textile park planned near Hyderabad cluster

The HHTP is coming up near Cheguru village, about 36 km from Hyderabad in Mahboobnagar district. The Park is also about 16 km from the upcoming Shamshabad International Airport. The Union Ministry of Textiles is providing assistance/grant of Rs 40 crore and State Government of Rs 5 crore for development of its infrastructure in 150 acres More...

Indian textile-clusters crucial to the success story

India is emerging as a hotspot for sourcing textiles and apparel and has overtaken China as exporter of textiles to the US and European markets. Clusters are a crucial part of this success story. The Indian textile sector has woven a fine success story for the second year in a row after the removal of quotas. Mr. RCM Reddy, CEO cluster development initiative has said that if the potential of these export-oriented parks for earning foreign exchange is high, they are being converted to special economic zones. More...

IRDA Rules Out Liberal FDI Norms in SEZs

Insurance regulator IRDA(Insurance Regulatory and Development Authority) on Thursday ruled out any special provisions, including increased Foreign Direct Investment (FDI) limits, for Special Economic Zones (SEZs). More...

Bid to rejuvenate crafts through the cluster approach

It is an effort to bring back the smiles on the faces of Thanjavur, “Thallai Attu Bommais” and Teracotta figurines and weave back the magic into ‘patamadai’ mats. The Tamil Nadu Handicrafts Development Corporation is awaiting project reports from the collectors before deciding on the steps required for rejuvenating the sector through the cluster approach. More...

Park in Salem for the apparel sector, a distant dream

Sharp differences of opinion among the industry people have led to delay in establishing the high tech weaving and Apparel Park here. Salem Exporters Association (SEA), which has taken the initiative of promoting the project had in-fact identified a site many months ago. But after that nothing worthwhile has taken place towards the realization of the project. More...

INTERNATIONAL

Govt. may make it compulsory for entrepreneurs to have own website.

The Ministry of Entrepreneur and Cooperative Development is studying the possibility of making it compulsory for entrepreneurs wanting to apply loans from SME Bank to have their own website. Its minister Datuk Seri Mohamed Khaled Nordin said the move is aimed at making it easier for entrepreneurs to promote, advertise and market their products wider. More...

Indonesia lobbies for greater Asian voice, more investment in clusters

Indonesia is adding its voice to calls for Asian countries to be allowed a greater voice in international institutions like the IMF and World Bank. Indonesia also says that eradicating poverty is its national priority, something both the World Bank and IMF also want to see. So the government is taking an initiative to bring about overall development in the country by developing the clusters and the SEZs More.. 

EVENTS

SISI and OGTC Organizing a Cluster Development Programme

Under the Small Industry Cluster Development Programme (SICDP) of ministry of Small Scale Industries and Agro and Rural Industries, the Small Industries Service Institute (SISI) has been working with Okhla Garment & Textile Cluster (OGTC). A special training was designed to provide skilled personnel to garment export industries as two batches of adults with disability were trained at ATDC, NOIDA and participants of both the batches have successfully completed the training. SISI and OGTC at SISI, New Delhi has organised a session to boost the moral and encourage the physically challenged youth and certificates were also awarded to them. More...

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