The industry is very happy that the government has brought in many schemes to modernise the textile industry like TUFS (Technology Upgradation Fund Scheme), TCIDS (Textile Centre Infrastructure Development Scheme), CLCS (Credit Linked Capital Subsidy), SITP (Scheme for Integrated Textile Park), Group Workshed Scheme, NCUTE (Nodal Centre for Upgradation of Textile Education). These schemes can be extended and awareness can be brought among the industry to utilize the schemes. Due to the changes in the international scenario on the implementation of WTG agreement on textile industry, our country is facing some implications. We need to prepare our self to meet the challenges of global competition by increasing the productivity & by improving quality of our products.

Due to the changes in the international scenario on the implementation of WTO agreement on textile industry, our country is facing some implications. We need to prepare our self to meet the challenges of global competition by increasing the productivity & by improving quality of our products.

About the Author:

The author is the Chairman- Power loom Development & Export Promotion Council.