Maharashtra government to introduce textile policy in two months

Solapur is already being developed as a manufacturing hub

The government of Maharashtra plans to introduce a new textile policy in next two months. The aim is to attract entrepreneurs in the entire value chain, besides seeing that existing unit do not migrate to other major cotton-growing states.

Over and above the Centre's textile package, the technology upgradation fund scheme and other incentives, all major growing states have introduced their own textile policies to attract investment. The governments of Tamil Nadu, Karnataka, Andhra Pradesh and Telangana have announced a number of incentives for textile units. And, effective October 1, 2017, the government of Gujarat renewed its state textile policy, which