policy initiatives - Textile Magazine
policy initiatives - Textile Magazine
policy initiatives - Textile Magazine
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corporate news<br />
Suvin selected as consultant<br />
for technical textiles growth<br />
Suvin Advisors Pvt. Ltd.<br />
has been empanelled by<br />
the Ministry of <strong>Textile</strong>s as<br />
consultant for business<br />
start-up under the Technology<br />
Mission on Technical<br />
<strong>Textile</strong>s (TMTT) with the<br />
Office of <strong>Textile</strong> Commissioner.<br />
This initiative by<br />
the Ministry is bound to<br />
boost the technical textile<br />
industry in India.<br />
Mr. Avinash Mayekar, M.D. & CEO, Suvin Advisors Pvt. Ltd<br />
Many steps have already been taken<br />
to promote the technical textile<br />
industry, including the scheme for<br />
growth and development of technical<br />
textiles (SGDTT), concessional<br />
customs duty for major technical<br />
textile machinery, technical textile<br />
machinery covered under TUFS,<br />
etc.<br />
Technical textiles is now the fastest<br />
growing segment in India, but<br />
entrepreneurs have difficulties in<br />
investing in technical textiles due to<br />
lack of knowledge about the technology,<br />
products, markets, process,<br />
and raw material requirement.<br />
To support them, the Ministry had<br />
sought applications from COE and<br />
other associations / institutes / independent<br />
bodies for empanelment of<br />
consultant for business start-up.<br />
The empanelled consultant will<br />
assist entrepreneurs in identification<br />
of product, selection of technology,<br />
machinery, raw material, etc. The<br />
consultant will also help in preparation<br />
of techno-economic feasibility<br />
project report and further guide<br />
them till project completion.<br />
Suvin Advisors is a professional<br />
engineering consultancy firm providing<br />
services like overall project<br />
and process management consultancy<br />
for sectors like technical textiles,<br />
traditional textiles, food, retail and<br />
other infrastructural facilities.<br />
Suvin has its strong presence in<br />
the technical textile industry, with<br />
its experts trained in international<br />
technical textile technology, execution<br />
of textile & industrial projects,<br />
etc., especially in developed countries.<br />
•<br />
38 | The <strong>Textile</strong> <strong>Magazine</strong> jANUARY 2012