PDEXCIL plans design studio
Powerloom Development Export Promotion Council (PDEXCIL) plans to establish a design studio in Erode for the benefit of the powerloom units there.Council chairman M. S. Mathivanan said the studio would come up at a cost of nearly Rs. 1 crore.The council would seek assistance from the Union Ministry of Commerce for the project."The focus now is on export promotion and developmental activities," he said. Trade centres in important places such as Mumbai, Chennai and Bangalore were also on the anvil.The centres would come up at Rs. 50 lakh each and would have permanent display space. Companies could exhibit fabric samples at these centres and foreign buyers would get an idea of the wide range available in the country. Works would start for just one centre in a couple of months and the others would come up subsequently. About 65 per cent assistance was expected from the Centre for these projects.Trade delegations would visit Bangladesh and Sri Lanka in the next two months and hold buyer-seller meetings. PDEXCIL also proposed to participate in the home textiles fair to be held in the U.S. later this year, he said.These would help improve the market for Indian fabric.
