Home / Knowledge / News / Textiles / Madhya Pradesh textile mills seek funds under 12th Plan
Madhya Pradesh textile mills seek funds under 12th Plan
Jan '13
Textile mill owners of Madhya Pradesh, a central Indian state, have demanded urgent release of funds to boost the state’s textile sector, as it lags behind other states like Punjab, Rajasthan and Tamil Nadu.
The Madhya Pradesh Textile Mills Association has sought an urgent package of Rs. 105 billion from the funds allocated for the sector under the state’s 12th Five Year Plan.
According to association Secretary M C Rawat, the sum would boost the sector’s production by Rs. 131.25 billion and aid generation of 200,000 jobs in the sector. It would also help in enhancing the capacity of spinning, knitting and processing sub-sectors of the state textile industry, he added.
In its pre-budget demands forwarded to the state Finance Minister Raghavji, the association presented a comparative analysis of the state’s spinning capacities, as compared to other states, during 2000 to 2012.
Tamil Nadu, as a market leader, had 33.89 percent share of spun yarn production in 2000, which marginally rose to 33.99 percent in 2012. Meanwhile, Madhya Pradesh’s share remained steady at 6.71 percent during the same period.
However, in terms of spinning capacity, contributing 38.57 percent of the overall output in 2000, Tamil Nadu’s share grew to 46.01 percent in 2012, while MP’s share grew from 3.82 percent in 2000 to 4.18 in 2012.
The figures indicate that Madhya Pradesh still needs to go a long way to reach the levels of Tamil Nadu, in spite of the fact that the state has a comparative advantage over Tamil Nadu in terms of natural resources, the association said.
Alongside funds, the association also sought accomplishment of the targets set for the industry in the global investors summit Indore. The targets include adding two million new spindles, boosting fabric production capacity to 2,150 metres per day, knitted fabric production to 800 tons per day and installation of 3,000 new shuttle looms. 
Further, to make the textile sector more palatable for the investors, the association even called for liberalizing the pollution control standards, betterment of roads and a cut in taxes including power cess, property tax, entry tax and VAT. 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Steve Cole
Xerium Technologies

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search