MARKET & ECONOMY​

The long awaited new textile policy, which aims to create 35 million new jobs and boost exports to over $300 billion annually over the next decade, is likely to be unveiled, may be within the next two months, according to Santosh Gangwar, Minister of State for Textiles.

The Cotton Association of India (CAI) has released its December estimate of the cotton crop for the 2015-16 season, which began on 1st October 2015. The CAI has placed its December estimate of the cotton crop for the 2015-16 season at 357.00 lakh bales of 170 kg each.

Union Minister of State for Textiles Santosh Gangwar said the national textile policy will be finalised soon and it is likely to be ready by the month of April. Speaking to Indian Textile Journal, Gangwar said, ´The national textile policy will be finalised soon. May be at the end of April.

With a mission to impart skills to the new and existing workforce in the domestic and export apparel industry and textiles sector, Apparel Training and Design Centre (ATDC) India’s Largest Vocational Training Network for the Apparel Sector inaugurated ‘Kaushal Vikas Bhawan’ in Patna.