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PHDCCI EXPERT COMMITTEE ON TEXTILE
PHDCCI Expert Committee on Textiles delegation led by Mr. Madhu Sudhan Bhageria, Chairman of the PHDCCI Expert Committee on Textiles and CMD, Filatex India Ltd. apprised him about the activities of the Textile Committee and the PHD Chamber of Commerce & Industry as a whole.
Mr. R K Vij, Co-Chairman, PHDCCI Expert Committee on Textiles and President, The Textile Association (India) along with other members, Mr. O. P. Lohia, CMD, Indorama Synthetics Ltd.; Mr. D. D. Sharma, CEO, Bhilosa Industries, Mumbai;
Mr. Rajnesh Datt, Chief Operating Officer- PSF, Bombay Dyeing, Mumbai; Mr. Rakesh Kumar Sangrai; Sr. Secretary, PHDCCI & Ms. Tanisha Panwar, Assistant Secretary, PHDCCI called upon Mr. Sanjay Malhotra, Secretary, Department of Revenue, Ministry of Finance at his office on 17th March 2023.
The objective of the meeting was to discuss & request to correct the anomaly of “Inverted GST Duty Structure” & to rationalize the Customs duty on PTA, MEG & Polyester yarn.
Mr. Malhotra gave considerable time and was also invited to the upcoming Ambassador’s Meet. He assured full co-operation and support in the coming time.
BHOOMI PUJAN OF BLOOMTEX INDUSTRY
Bloomtex Industries Pvt. Limited did it’s Bhoomi Poojan on 26th March, 2023 at Bhagthali SIDCO Kathua, J & K. Company is doing a total around 400 crores investment to produce Polyester and Polyester Viscose yarn in 2-3 phases in next 3 years time under Central Govt. policy of 2021 package and provide employment to 750 -1000 persons.
Bloomtex is promoted by Mr. Mukesh Tyagi a textile Technocrat from renowned TIT College at Bhiwani. Bloomtex is a sister company of BST Textile Mills Rudrapur, where Cotton Yarn is being produced.
Shri R. K. Vij, President Textile Association (India) was present on the occasion. All the Senior Govt. Officials attended the function. Shri Shiv Anant Tayal, MD of JK PDD was present at the above function of Bhoomi Poojan at Bhagthali Site. He assured for all cooperation to achieve the targets. The function was attended by large number of Textile Professionals from Punjab and from North India. Shri Ajay Gupta of Reliance Indistries, A. K. Dadoo from Welknown Polyester were also present. The Machinery suppliers LMW and Voltas Ltd., Rieter and Zinser were present. Bloomtex will be the first project to commence production at Bhagthali in next 8-10 months. Bloomtex industries thanked the Chief Secretary Shri Ajay Mehta, Principal, Secretary Industry Shri Prashant Goyal, Director General Industry Jammu Ms Anoo Malhotra ji and Shri Shiv Anant Tayal ji, MD JK PDD, MD Sidco Dr. Rakesh Minhas ji, was helping this project to reach at this stage in such a short Time.
Mr. R. K. Vij, President, The Textile Association (India) attended to Gujarat Chamber of Commerce and Industry (GCCI) meeting with Textile Minister in Ahmedabad along with Shri Hasmukhbhai Patel, a Member of Parliament and President, TAI Ahmedabad Unit for the growth of Textile industry in India.
Representative from all other association were also present. Textile Minister patiently listened to the representatives and the solutions were discussed for the benefit of whole Textile Industry.