By and large, textile industry has welcomed the Finance Minister Arun Jaitley?s Budget, hailing it as ?growth-oriented.?
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Fourteen textile parks, big-ticket projects of some textile majors, liberal norms for backward regions and ‘Farm-to-Fashion’ initiative have all the ingredients to turn Maharashtra’s textile dream into reality. An ITJ Exclusive throws some light.
Given the economic, social, educational and administrative base, it is evident that Vidarbha is a case of unmet potential, feels Deepak Kulkarni. Vidarbha is the eastern region of the Indian state of Maharashtra, comprising Nagpur Division and Amravati Division. The largest city in Vidarbha is Nagpur.
Today the need of hour for powerlooms is proper marketing of products in order to gain profit and flourish business activity. Maharashtra is having the highest number of powerlooms among other states. Some of the major clusters of powerloom in the state are Bhiwandi, Ichalkaranji, Solapur, Malegaon etc.
Incorporated in July 2007, Advantage Organic Naturals Technologies Private Limited (AONTPL) was incubated in the prestigious IIT Delhi Campus, and owns three patents at USA, Europe & India and one more pending in India, “Method for dyeing a textile product using neem and holy basil extractâ€Â.
Minister for Textile and Handlooms KT Rama Rao requested all legislative leaders to encourage promoting and boosting of handlooms and handicrafts sectors across Telangana.
Maharashtra textile industry is a blend of culture and technology and provides resources for every investment in the entire value chain of textile industry, says Avinash Mayekar. Dreams are usually seen of the milestones which are not achieved till date, however, in case of Maharashtra textile industry, the dreams can be ‘achieving the same glorious past of Maharashtra witnessed during the golden days of British era’.