'Apparel industry should aim $60 bn exports in 3 yrs'

Last Updated: Tuesday, December 10, 2013, 22:24

The apparel industry should aim at exports of USD 60 billion in the next three years as there are visible signs of revival in key markets of the US and Europe, Textiles Minister K Sambasiva Rao said Tuesday.

Will remain in Congress, though am against AP division: Kavuri

Last Updated: Sunday, December 8, 2013, 00:39

Union Minister for Textiles Kavuri Sambasiva Rao on Saturday said he would continue to remain in the Congress even if it went ahead with the division of Andhra Pradesh.

There is still scope to stall AP bifurcation process: Minister

Last Updated: Saturday, December 7, 2013, 17:27

Reiterating that the decision to bifurcate Andhra Pradesh was a "grave mistake", Union Textiles Minister Kavuri Sambasiva Rao on Saturday said the AP Reorganisation Bill-2013 was unlikely to be approved by Parliament.

World Bank blacklists Progressive Constructions for 11 years

Last Updated: Wednesday, November 27, 2013, 22:11

World Bank has debarred Progressive Constructions Ltd (PCL), founded by Union Minister and Congress leader K Sambasiva Rao, for minimum eleven years for violating its 'fraud and corruption policy'.

CWC unlikely to reverse Telangana decision: AP Congress leader

Last Updated: Tuesday, October 15, 2013, 20:47

Senior Congress MP Rayapati Sambasiva Rao is not optimistic about Congress Working Committee reversing its decision to form a separate Telangana state in response to resignations by MPs and widespread protests in coastal Andhra and Rayalaseema.

Telangana: Rebellion grows in Congress

Last Updated: Wednesday, July 31, 2013, 08:58

Unhappy over Congress party`s decision to carve out separate Telangana state, an MP from the ruling party and three legislators from Rayalaseema and Andhra regions resigned late on Tuesday.

Step up apparel exports target to $20 bn, Rao tells industry

Last Updated: Monday, July 15, 2013, 18:55

Assuring full support to the industry, Textiles Minister K Sambasiva Rao Monday asked apparel exporters to step up their overseas sales target to USD 20 billion in 2013-14.

TexMin holds talks with banks for easier access to credit

Last Updated: Thursday, July 11, 2013, 22:07

The Textiles Minister Thursday met heads of nationalised banks and asked them to improve the flow of credit to the industry, including the handloom segment.

Government may announce incentives for textiles sector

Last Updated: Thursday, July 11, 2013, 21:53

The Textiles Ministry is contemplating offering sops to the sector and initiating measures to boost outbound shipments by a targeted 30 percent in 2013-14 as set by a PM-led panel.