Home / Knowledge / News / Textiles / Maharashtra to unveil new textile policy
Maharashtra to unveil new textile policy
04
Jul '11
Maharashtra is considering giving subsidy to powerloom and handloom sectors under the State's first ever textile policy, which is likely to come up before the State Cabinet for approval this month.

The government is considering offering subsidy to promote powerloom and handloom sectors, especially in the two cotton growing regions of Vidarbha and Marathwada, according to the State Minister for Textiles, Naseem Khan.

The textile policy aims to ensure that the entire cotton produced in the State gets processed locally, creating employment opportunities for about 1.2 million people.

Presently, most of the 9.2 million bales (1 bale = 170 kg) of cotton produced in the State is sent to the neighbouring States of Gujarat and Madhya Pradesh for processing.

The government has identified 17 districts in the State as main cotton growing regions. In these districts, processing of cotton by cooperative and private sectors will be encouraged, once the textile policy is implemented. Besides generating employment, the government hopes that the new textile policy will add to the State's revenue.

The State's textile policy will be in addition to the Union Government's Technical Upgradation Fund Scheme, which will be applicable to the textiles industry.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Jay Ramrakhiani
Occasions Elegance Wear

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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