Indian Textile Ministry: Textile industry will be in a difficult period

Indian Minister of Commerce, Industry and Textile, Anand. Shamar directed the Ministry of Textiles to negotiate with the Ministry of Finance and the Reserve Bank of India to formulate a restructuring plan for the textile industry.

The restructuring plan will focus on resolving issues such as moratorium on payment technology reforms, packaging and lending of foreign funds, liquidity assistance, and interest subsidies for textiles and apparel exports.

Sharma outlined many of the government's proactive steps to address the decline in the textile industry. These steps include the restoration of the Cotton Duties Customs Duty and Obligation Certificate Program (DEPB), which took effect on April 11, 2011, the export of cotton into the scope of the open general license, without quantitative restrictions, simplifying the registration procedures for cotton and cotton yarn export, Opponents shake up the financial policy of textile weavers, increase the allocation of technological reforms, and approve new textile parks.

Sharma said: "I hope that the difficult times will soon pass and we will be able to push exports more in the coming time."

Lurex, also called metallic yarn, it made from polyester or nylon, with chemical covered way. It can be used for dying textile or undying textile,very fit for fashion garment.

Lurex were used in garment in old times, people used gold and silver to make thin foil by hand, stick it on animal skin or pater, then cut it as strips. But the price was very high,and the strips is tough,easy to be damaged,easy to be faded.Now metallic yarn is so normal to use in textile industries.Lurex fabric is soft, shinny,colorful, price is very cheap.

Lurex Metallic Series

Lurex Metallic Knitting Fashion Fabric,Shinny Fabric, Fabric With Bling Bling Effect, Diamond Fabric,Night Dress Fabric

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