The Minister of State
(Independent Charge) for Textiles - Santosh Kumar Gangwar has approved the setting
up of 13 textile parks, entailing minimum investment of INR. 100 crore each, a
move that will help generate thousands of jobs.
Mr. Gangwar, commented that he has approved the setting up of 13 textile parks and will consider investment proposals of minimum INR. 100 crore for the parks, and a subsidy amount of 40 crore each will be provided by the ministry. Adding further Mr. Gangwar said that if an industrial park worth INR. 100 crore is established, it will provide jobs to at least 2,500 to 3,000 people as the textile industry generates maximum employment after the agricultural sector.
Mr. Gangwar also said he has called a meeting of the state Textile Ministers on 24 September, to seek their inputs on the new Textile policy and other related matters. The Textiles Ministry had earlier sought comments from the public on their draft i.e. Vision, Strategy and Action plan of the new textiles policy.
The key objectives of the new National Textiles Policy include developing a vision statement of the textile sector for the next decade to treble market share from the current 4 percent in the next decade.
Keeping in view the various changes in the textile industry on the domestic and international fronts and the need for a road map for the textile & apparel industry, Ministry of Textiles had initiated the process of reviewing the National Textile Policy, 2000.
Government aims to formulate a new improved Textile Policy to address concerns of adequate skilled work force, labour reforms, attract investments in the textile sector, and to provide a future road map for the textile and clothing industry.
Mr. Gangwar, commented that he has approved the setting up of 13 textile parks and will consider investment proposals of minimum INR. 100 crore for the parks, and a subsidy amount of 40 crore each will be provided by the ministry. Adding further Mr. Gangwar said that if an industrial park worth INR. 100 crore is established, it will provide jobs to at least 2,500 to 3,000 people as the textile industry generates maximum employment after the agricultural sector.
Mr. Gangwar also said he has called a meeting of the state Textile Ministers on 24 September, to seek their inputs on the new Textile policy and other related matters. The Textiles Ministry had earlier sought comments from the public on their draft i.e. Vision, Strategy and Action plan of the new textiles policy.
The key objectives of the new National Textiles Policy include developing a vision statement of the textile sector for the next decade to treble market share from the current 4 percent in the next decade.
Keeping in view the various changes in the textile industry on the domestic and international fronts and the need for a road map for the textile & apparel industry, Ministry of Textiles had initiated the process of reviewing the National Textile Policy, 2000.
Government aims to formulate a new improved Textile Policy to address concerns of adequate skilled work force, labour reforms, attract investments in the textile sector, and to provide a future road map for the textile and clothing industry.
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