Home / Knowledge / News / Textiles / Maharashtra to boost textile sector
Maharashtra to boost textile sector
05
Dec '15
The Maharashtra Government has initiated measures to revive the textile industry in the state, according to a newspaper report.

Chief Minister Devendra Fadnavis said the textiles industry has the potential to offset unrest in the agriculture sector on which almost 55 per cent population depend for livelihood. He dismissed the argument that the textiles industry is dying and said his Government plans to promote textile industry as the second largest sector. He said big players would have to share social responsibilities and not just see the sector in terms of profit and loss.

Fadnavis has also asked Power Minister Chandrakant Bawankule to ascertain the financial implications of extending any subsidy to high intensity powerlooms. This, after a delegation of big textile industrialists, sought subsidies in power tariff on high-intensity operating machinery in their powerlooms during a meeting with Fadnavis earlier this week.

The Maharashtra Government provides power subsidy to small and medium powerlooms operations and handloom sectors, but those units which operate on high intensity large machinery to produce yarn have to pay commercial rates between Rs 8.50 to Rs 9 per unit.

The finance ministry is against extending power subsidies to looms on high intensity machinery that could entail an additional burden of Rs 300 to Rs 350 crore.

Maharashtra has almost 11 lakh powerlooms. There are 300 textile units which operate on 70,000 machines.

Fadnavis stressed that he was committed to rationalising power tariff to promote the textile sector, and planned to evolve an overall policy for rural development and employment in the textile industry. He urged textile industries to factor in socio-economic aspects and rural development through textile revival.

Textile sector has not been in the pink of health in Maharashtra. But a private and public partnership to adopt modern technology to revive the textile sector under an integrated plan of the ministries of textile, power and industries, is expected to bring Rs 50,000 crore and generate employment for 15 lakh people.

The integrated plan will entail policy changes to facilitate the setting up and upgradation of powerlooms while the decision to promote textile parks is expected to bring greater investments.

Fadnavis said the promotion of the textile industry as the second largest sector would help in development of backward districts in Vidarbha, Marathwada and parts of North Maharashtra which primarily grow cotton. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Kai Pilger from Pexels

Textiles | On 24th Apr 2018

Pakistan’s textile exports up 7.77% in July-March FY18

The value of textile and garment exports from Pakistan increased by...

Alliance to form joint entity for safety in factories

Apparel/Garments | On 24th Apr 2018

Alliance to form joint entity for safety in factories

On the 5th anniversary of the Rana Plaza Collapse, The Alliance for...

China’s Alibaba partners with Thailand for digital trade

Textiles | On 24th Apr 2018

China’s Alibaba partners with Thailand for digital trade

China’s Alibaba Group recently signed an agreement with the Thai...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search