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Govt sanctions ten handloom clusters for J&K

From:http://www.chinalightindustry.com/
Tag:Handicrafts,handlooms products,Handlooms Museum,Metal Icon

  The Minister of Textiles, Shri Shankersinh Vaghela has said that the Government is working to promote the activities of HHEC and has sanctioned ten more clusters of Handlooms for J&K region with this objective.
  Addressing the Parliamentary Consultative Committee meeting attached to his Ministry, Shri Vaghela said that Handicrafts and handlooms Exports Corporation, HHEC is running a number of activities to provide support to artisans and weavers for the upgradation of their skills, design inputs, training and marketing their products.
  More than ten thousand weavers are getting direct and indirect employment through the activities of HHEC. The Minister informed the members that Corporation has 21 procurement centers all over the country to help and provide technical support to the grass root weavers.
  Reiterating the Government’s commitment for the marketing support to the artisans, the Textiles Minister said that Central Cottage Industries Corporation, CCIC does procurement and sales of quality handicrafts and handlooms products not only for the domestic market but also for abroad.
  It has also opened showrooms to showcase traditional arts culture. He said the CCIC always lays emphasis in supporting artisan and has made efforts to eliminate the middlemen in the process of marketing of handlooms.
  Briefing the members about the National Handicrafts and Handlooms Museum, NHHM, also known as Crafts Museum at Delhi, Shri Vaghela said that The Museum has a collection of over 32,000 artifacts consisting of Metal Icon, Lamps, Incense Burners and Ritual accessories. The Library of the Museum has more than 20,000 reference books and other periodicals.
  Participating in the meeting the members suggested that the more centers should be opened to provide design support to the grass root artisans.
  The meeting was attended by S/Shri Mohan Ponnuswamy, S.Anbalagan, Mahesh Kumar Kanodia, Abdul Rashid Shaheen, D.Vittal Rao, Santasri Chatterjee and Mohan Rawale.

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China's farm produce trade deficit up 14.3 times in first fi...

From:http://www.chinatopsupplier.com/buy-China's_farm%2520produce/
Tag:China's farm produce,agricultural products,The five months
  China's trade deficit in agricultural products rocketed 14.3 times on the year-earlier level to 7.57 billion U.S. dollars in the first five months of this year, sources with the Ministry of Agricuture said on Sunday.
  Foreign trade in agricultural products amounted to 39.93 billion U.S. dollars in the five-month period, a growth of 36.1 percent year-on-year. The total included 16.18 billion dollars in export value, up 12.2 percent, and 23.75 billion dollars in import value, up 59.2 percent.
  The five months saw the nation's net cereal exports decline drastically and trade deficit in animal by-products increase rapidly.
  Between January and May, China exported 1.19 million tons of cereals, down 76.6 percent from the year-earlier level, but imported 911,000 tons, up 14.2 percent. The net exports stood at 276,000 tons, down 93.5 percent.
  In the five months, 1.65 billion U.S. dollars worth of animal by-products were sold abroad nationwide, up 10 percent, while 3.28billion dollars worth were imported, up 35.9 percent. The trade deficit was 1.63 billion dollars, up 78.6 percent.
  Meanwhile, the country imported 3.58 million tons of edible vegetable oil., up 11.2 percent. The total included 1.13 million tons of soybean oil, up 7.6 percent, 98,000 tons of rapeseed oil, down 12.8 percent, and 2.33 million tons of palm oil, up 17.1 percent.


 

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Sujana Expanded Metal Products acquires three steel units

Expanded Metal Products Sujana Expanded Metal Products Limited (SMPL), a part of SujanaGroup of Companies, today announced the acquistion of three steelunits. "These acquisitions will enable SMPL to cater to the fastestgrowing realty and infrastructure markets in southern part of thecountry", Y S Chowdary, Chairman of Sujana Group of Companies toldreporters here. The acquired units -- Saritha Steels, Glade Steels and Sree GangaSteels -- are located at Visakhapatnam, Hyderabad and Chennairespectively. SMPL has planned a total investment of Rs 180 crore for theseacquisitions, modernisation and expansion of their capacities. Chowdary said the company plans to invest another Rs 470 crores formodernisation of its plants in a phased manner. R K Birla, MD, SMPL said the production capacity at SMPL has beenexpanded from 2,90,000 tonnes per annum last year to 7,28,000tonnes per annum now at different locations. This includes the additional capacity of 30,00,000 tonnes per annumcreated through the acquisition and expansion of units atVisakhapatnam, Hyderabad and Chennai. SMPL has targeted to reach a sales level of Rs 3100 crores by 2010. In the current financial year (July 2007-June 2008), the company'ssales turnover is expected to be in the range of Rs 1,400 crore. Also the company plans to enhance its profit from an estimated Rs50 crore in the current financial year to Rs 300 crore by 2010.
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