India'S Maharashtra State Will Launch New Textile Policy

2011/7/16 9:29:00 34

Maharashtra, India, is considering the first in the history of the Federal Republic of China.

Spin

The policy will provide subsidies for the power looms and hand looms, which may be approved by the cabinet of state this month.

Nassim Khan, Naseem Khan, said the government is considering funding for the power looms and hand looms sector, especially in the two cotton producing areas.

The purpose of textile policy is to ensure the entire state.

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Production is processed locally, creating about 1 million 200 thousand jobs.

At present, the state produces 9 million 200 thousand packs (170 kilograms) of cotton, most of which are shipped to neighboring states.

The government has identified 17 regions of the country as the main cotton producing areas. Once the textile policy is implemented, the government will encourage them to process cotton through the joint venture and the private sector.

In addition to creating jobs, the government hopes new textiles.

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Will increase state revenue.

The state's textile policy will be included in the federal government's technology renewal fund plan, which is applicable to the textile industry.