The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the ‘Make in Maharashtra’ idea to strengthen the cotton industry and silk business.
Browsing: Textile Policy
The Maharashtra Government is working out a new textile policy for the period 2017-22, and has invited inputs from all the stake holders in this regard.
The Haryana Government said it is preparing a new textile policy for Panipat and Sirsa, which will be notified by the end of October this year. This was stated by Chief Minister Manohar Lal Khattar who was interacting with representatives of various industrial associations in Panipat.
The Apparel Export Promotion Council (AEPC) has welcomed the announcement of Gujarat Government to extend its textile policy by one year.
The Tirupur Exporters Association (TEA) has requested Tamil Nadu Chief Minister K Palaniswami to announce new State textile policy.
Assam will soon formulate a textile policy to boost the handloom and textile sector. The proposed policy will focus on integrating production and marketing of handloom and textile products, empowering weavers.
The Assam Government will soon formulate a textile policy for giving a major fillip to handloom and textile sector in the State.