The Indian textiles ministry recently sought suggestions for formulating the new national textile policy for the next 10 years, targeting to position India as a fully integrated, globally competitive manufacturing and exporting hub. The policy will involve the complete strategy and action plan for the country's textile and apparel sector.
Textiles minister Smriti Irani has told parliament upper house last month that the government is considering formulation of such a policy after consulting states.
In 2016, then textiles minister Santosh Gangwar had said the new policy will envisage creation of additional 35 million jobs.
Since the current National Textile Policy was framed in 2000, the industry has undergone various changes on the domestic and international front. The domestic textile industry has seen large-scale modernisation and technological advancements in the last decade and faces new challenges.
"The Ministry of Textiles, Government of India, is in the process of formulating a New Textile Policy for the next decade. This will include vision to position India as a fully integrated, globally competitive manufacturing and exporting hub, strategy and action plan for Indian textile and apparel sector," according to the ministry's website.
Fibre2Fashion News Desk (DS)