Over 150 buyers and buying agencies from various countries would participate in a two-day unique reverse buyer-seller meet ‘Global India Textile Show’, beginning here from March 26, a first of its kind event in South India.
With direct buyers from the UK, US, Italy, France, Spain, Belgium, Moroco, Turkey, Mauritius, Egypt, Sri Lanka and Bangladesh, the event is expected to generate business enquiries of more than Rs 1,000 crore, Mr M.S. Mathivanan, organising committee chai rman, told reporters here on Saturday.
Products like fabrics in the form of grey, bleached, dyed and printed for the purpose of garments pocketing, seating, along with home textile products and technical textile products would be displayed at the fair, to be inaugurated by the Union Minister of State for Textiles, Ms Panabaka Lakshmi, he said.
Stating that India exported woven fabrics worth Rs 6,000 crore to Rs 7,000 crore, with a 10 per cent annual growth, of which Tamil Nadu’s share was 50 per cent, Mr Mathivanan said the event is likely to generate more than Rs 1,000 crore business.
The meet is being jointly organised by the Powerloom Development and Export Promotion Council and the Union Ministry of Commerce, with the support of the Union Textile Ministry.
Depending on the success of enquiries, the council would start warehouses in the European Union, like Belgium or Hungary and also Sri Lanka, so that materials could be delivered on time, he said. — PTI
Showing posts with label Coimbatore news. Show all posts
Showing posts with label Coimbatore news. Show all posts
Saturday, March 20, 2010
Wednesday, December 30, 2009
Coimbatore Corporation increases drinking water tariff
After a protracted struggle, the Coimbatore Corporation managed to get the approval of the Council on Tuesday to increase the drinking water tariff. The sanction, however, came with a condition from councillors that the new rates should take effect only when the Corporation made 24-hour supply of water.
The Corporation wanted these to take effect on April 1 next year. But the parties wanted it to wait for more than a year till the 24-hour supply would begin.
The Corporation wanted to step up revenue from water supply to fund the Rs.113-crore Pilloor Phase II drinking water scheme.
Official sources, however, said that since the Council had passed the resolution on the tariff, the increase could be effected after the due consent from the Government was obtained, nothwithstanding the condition from the Councillors.
The Corporation on Tuesday did away with the slab system of tariff for one category of residential connections. A flat rate of Rs.100 a month would have to be paid for consumption up to 15,000 litres.
A tariff of Rs.6 per 1,000 litres would be charged for consumption between 15,001 litres to 20,000 litres.
The tariff for 20,001 litres to 1.5 lakh litres was fixed at Rs.8 per 1,000 litres and at Rs.11 per 1,000 litres for consumption above 1.5 lakh litres
The Corporation wanted these to take effect on April 1 next year. But the parties wanted it to wait for more than a year till the 24-hour supply would begin.
The Corporation wanted to step up revenue from water supply to fund the Rs.113-crore Pilloor Phase II drinking water scheme.
Official sources, however, said that since the Council had passed the resolution on the tariff, the increase could be effected after the due consent from the Government was obtained, nothwithstanding the condition from the Councillors.
The Corporation on Tuesday did away with the slab system of tariff for one category of residential connections. A flat rate of Rs.100 a month would have to be paid for consumption up to 15,000 litres.
A tariff of Rs.6 per 1,000 litres would be charged for consumption between 15,001 litres to 20,000 litres.
The tariff for 20,001 litres to 1.5 lakh litres was fixed at Rs.8 per 1,000 litres and at Rs.11 per 1,000 litres for consumption above 1.5 lakh litres
Tamil Nadu increasing power generation capacity
The Tamil Nadu Government has initiated several measures to ramp up power generation capacity and in the next 1 to 2 years an additional generation capacity of 7000 MW would be added in the State.
According to Mr MK Stalin deputy chief minister of Tamil Nadu said that the Government is also addressing the problem of infrastructure bottlenecks plaguing the Coimbatore region, which apart from being famous for its engineering prowess is now proving its mettle in electronics and IT sectors too.
Speaking at an interactive meeting organised by the CII, Mr Stalin said that hydel power generation, which was 6455 million units during 2007-08, shrunk to 5386 MUs during 2008-09. The generation of wind power and power from the thermal power plants at Neyveli and nuclear plants at Kalpakkam and Kaiga also fell. But while at the all India level, generation fell by 13.8% in Tamil Nadu, it was only by 5.5%.
Mr Stalin further said that cogeneration plants with a capacity of 234 MW were established in 17 sugar mills in the co operative and public sector fold at an investment of INR 1176 crore. Agreements have also been signed for establishing two power plants with a total capacity of 1,200 MW at an investment of INR 4650 crore.
In the Ennore plant, establishing 600 MW capacity unit is nearing completion. In the next one to two years, it is expected that 7000 MW of additional power generation capacity will added.
According to Mr MK Stalin deputy chief minister of Tamil Nadu said that the Government is also addressing the problem of infrastructure bottlenecks plaguing the Coimbatore region, which apart from being famous for its engineering prowess is now proving its mettle in electronics and IT sectors too.
Speaking at an interactive meeting organised by the CII, Mr Stalin said that hydel power generation, which was 6455 million units during 2007-08, shrunk to 5386 MUs during 2008-09. The generation of wind power and power from the thermal power plants at Neyveli and nuclear plants at Kalpakkam and Kaiga also fell. But while at the all India level, generation fell by 13.8% in Tamil Nadu, it was only by 5.5%.
Mr Stalin further said that cogeneration plants with a capacity of 234 MW were established in 17 sugar mills in the co operative and public sector fold at an investment of INR 1176 crore. Agreements have also been signed for establishing two power plants with a total capacity of 1,200 MW at an investment of INR 4650 crore.
In the Ennore plant, establishing 600 MW capacity unit is nearing completion. In the next one to two years, it is expected that 7000 MW of additional power generation capacity will added.
Subscribe to:
Posts (Atom)
