Gati Shakti Vishwavidyalaya & Amazon sign MoU to promote Knowledge Sharing (See 'Corp Brief') India-EU Ideathon on Marine Plastic Pollution concluded (See 'Corp Brief') IBC - Moratorium does not protect development rights under agreement that was validly terminated for corporate debtor's non-performance before initiation of insolvency proceedings: SC (See 'Legal Desk') 37 supercomputers with total computing power of 40 Petaflops deployed under NSM (See 'Corp Brief') Scindia highlights major expansion and modernisation of India Post Network (See 'Corp Brief') A&C - Objections to execution lie within narrow compass typically only where decree is inherently void or was rendered by a forum lacking jurisdiction and therefore cannot be used to frustrate final arbitral award: SC (See 'Legal Desk') Controller General inaugurates onboarding of MTNL Pensioners onto SAMPANN (See 'Corp Brief') Misc - Till matter is finally decided by trial court, subject matter of suit needs to be preserved: HC (See 'Legal Desk') PM-KUSUM registers Significant Progress: 10,203 MW Installed (See 'Corp Brief') Competition Law - If entities which participated in bid-rigging were cover bidders and not even present in relevant market, and their relevant turnover was nil, then their egregious nature of conduct attracts maximum penalty in terms of Sec 27(b): CCI (See 'Legal Desk') CCI okays proposed acquisition of certain stake in Schneider Electric India Pvt Ltd & Schneider Electric JV Holdings 2 Pte. Ltd. (See 'Corp Brief') CCI nod to proposed combination involving Curefit, Cultfit & Fitness First Luxembourg (See 'Corp Brief') SARFAESI - Provident fund dues must be paid out first from auction proceeds of defunct factory, ahead of claims of secured creditor (the bank), with remaining amounts to satisfy other debts: SC (See 'Legal Desk') India Post unveils Kerala's First Gen-Z Post Office Extension Counter at CMS College, Kottayam (See 'Corp Brief') Global Organic Market rises; India strengthens Exports with Revised NPOP (See 'Corp Brief') A&C - Mere use of term 'arbitration' in contractual clause does not by itself establish binding intent to arbitrate unless parties have clearly agreed to resolve their disputes through that process: SC (See 'Legal Desk') MOIL achieves Best-Ever November Production and Sales Performance (See 'Corp Brief') Power Minister commences COD of 250 MW 3rd Unit of Tehri Variable Speed PSP (See 'Corp Brief') Misc - Adequate treatment is available domestically, mere preference for foreign medical facility does not justify permitting accused facing serious economic-offence allegations to leave jurisdiction: HC (See 'Legal Desk') MoS flags Off Tirupati-Sainagar Shirdi Express (See 'Corp Brief') A&C - No party can invoke Section 11 after competent civil court has already rejected Section 8 application by holding that arbitration clause does not constitute arbitration agreement: HC (See 'Legal Desk') FAME outreach, Niveshak Didi scheme promoting safe banking practices: MoS (See 'Corp Brief') Rail Infra proposals Reviewed to Strengthen Integrated Logistics Network (See 'Corp Brief') IBC - Regulation 2B(3) will not justify unilateral forfeiture of entire Earnest Money Deposit, when scheme is rejected on technical grounds: IBBI (See 'Legal Desk') Smart Metering Adoption: 4.76 Crore Smart Meters installed (See 'Corp Brief') UDBHAV 2025: Telangana tops Medal Tally as Tribal Talent shines nationwide (See 'Corp Brief') PMLA - FIRs being fundamental documents based on which entire case was initiated by ED, failure to serve same is fatal omission on part of enforcement directorate: SAFEMA TRIBUNAL (See 'Legal Desk') Australia-India Education and Skills Council meeting to be held in New Delhi (See 'Corp Brief') RM appeals for generous contributions to Armed Forces Flag Day Fund (See 'Corp Brief') The Human Impact of Raipur-Vizag Corridor (See 'Corp Brief') A&C - Court's scope of inquiry u/s 11 is limited to prima facie examination of existence of arbitration agreement while adjudication u/s 8 is to be made for both existence & validity: HC (See 'Legal Desk') HM inaugurates newly-constructed Bio-CNG and Fertilizer Plant by Banas Dairy (See 'Corp Brief') NMDC signs MoU with IIT Kanpur to strengthen Cybersecurity (See 'Corp Brief') Misc - Decision of Lokpal cannot be challenged in judicial review if there is no procedural infirmity or irregularity in manner in which either CVC or Lokpal conducted inquiry: HC (See 'Legal Desk')

Minister inaugurates India Pavilion at Heimtextil 2025, Frankfurt

Published: Jan 16, 2025

By TIOLCorplaws News Service

NEW DELHI, JAN 16, 2025: INDIA showcased its growing strength in the textile industry as the Minister of Textiles inaugurated the India Pavilion at Heimtextil 2025, held at Messe Frankfurt. With the largest country participation at this prestigious global home textiles fair,  India demonstrated its commitment to innovation, sustainability, and global  partnerships.

The Minister addressed global home textile exporters, importers, and manufacturers, highlighting India's growing competitiveness and the need for collaboration to  achieve sustainable growth. HMoT invited all participating countries to attend Bharat Tex 2025 and explore investment opportunities in India's thriving textile ecosystem.

The Minister, during the Investors' Meet with the textile and machinery manufacturers, highlighted India's growth story and rising FDI in the last 10 years, emphasizing that the 'Make in India' initiative is a proven strategy driving India's emergence as a competitive manufacturing hub. He encouraged investors to seize the growing opportunities, warning that staying out of India's market could lead to a fear of missing out. Inviting global investors, he said, 'Come and invest in India - Make in India, Make for the World'.

On the sidelines of Heimtextil, the Minister also met with the Machinery and Equipment Manufacturers Association and IVGT, Germany. HMoT urged them to strengthen their engagement with India's textile sector, emphasizing that India is one of the largest textile machinery buyers. Union Minister  noted that it would be a win-win situation for both sides if German manufacturers invest and produce machinery in India. Citing the success of a German sewing thread manufacturer already thriving in India, he encouraged other machinery manufacturers to explore and expand their investments in the Indian market.

The government actively supports Indian exporters to participate in international events like Heimtextil, enhancing their global visibility and promoting their growth in competitive markets.

During his visit, the Minister toured various stalls at the exhibition, engaging with exhibitors to understand their latest offerings and innovations in home textiles. The craftsmanship of Indian exporters reaffirmed the government's commitment to supporting the sector's global aspirations.

The event witnessed enthusiastic participation from industry leaders and exporters,  reflecting India's determination to strengthen its position as a global leader in the  textile industry.

The Indian delegation, led by the Minister, was accompanied by Mr. Rohit Kansal,  Additional Secretary, Ministry of Textiles, the Consul General of India in Germany,  and other Ministry officials. Representatives from five Export Promotion Councils  (EPCs) and the Jute Board were also present during the inauguration, showcasing a  diverse range of products.

TIOL CORP SEARCH

TIOL GROUP WEBSITES