Haryana state government on Saturday came out with Textile Policy 2017 to incentivise setting up of new units, and ensure growth and modernisation of the existing textile industry as it is keen on marking Haryana a global hub of textile manufacturing and a preferred investment destination.
This sector provides employment to about one million people and readymade garments worth $ 2 billion are exported from the state annually.
A government spokesperson said that the policy was packed with fiscal and financial incentives and contains provisions for infrastructure augmentation, setting up of textile parks, and facilities for skill training. It aimed at generating 50,000 new jobs by attracting investment in the textile sector to the tune of Rs 5,000 crore.
The draft Textile Policy 2017 had been put in public domain in February to invite suggestions from various stakeholders. The suggestions received had been duly factored in before giving the policy final shape.
The state is one of the leading cotton producers in the country with Sirsa, Fatehabad, Bhiwani, Hisar and Jind being the main cotton producing districts. The Textile policy also has been formulated with an eye on the cotton belt of Haryana.
Silk clothing and accessories brand Anaphe is unveiling ReWritten, a collection that reimagines denim using silk, femininity and effortless modern…
BGMEA has signed MoU with ActionAid Bangladesh to work together in supporting the sustainable transformation of the country’s readymade garment…
Rimaks has partnered with SM Denim to introduce BodyCast, a resin-based finishing technique that gives priority to the natural shape…
Deven Supercriticals has unveiled the commercial-scale operation of SUPRAUNO, marking a major milestone in the transition toward sustainable textile dyeing.
G-Star Raw has collaborated alongside Jacques Agbobly to introduce a women’s low-rise flare jean with a detachable corset.
German fashion brand Boss is set to showcase an innovative degradable recycled polyester yarn, NovaPoly, in its tennis kits worn…