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ITF urge govt to announce textile policy

YarnsandFibers News Bureau 2017-04-18 14:00:00 – Tamil Nadu

Indian Texpreneurs Federation urged Tamil Nadu State government to come out with a three year textile policy at the earliest to support the textile industry. States such as Gujarat, Maharashtra, Madhya Pradesh, and Telangana having textile policies, textile investments are coming up in these States.

The association members plan to meet the Chief Minister, ministers concerned, and the elected representatives and highlight the plight of the textile industry in the State and the need for a textile policy.

According to the federation, the Tamil Nadu Government should set up a task force to discuss with the industry the growth plans and challenges.

The association pointed out that several other States, especially those that have cotton, are offering capital subsidies to promote the textile industry. With the subsidies and cotton availability, textile units in these States have price advantage.

Tamil Nadu has a robust eco system for textile manufacturing. Hence, the State Government should come out with a policy to sustain and improve the existing units.

It should focus on improving technology of the existing manufacturing units, bring about energy efficiency and productivity in the textile sector, increase area under cotton in the State, offer competitive power prices, take initiatives for skill development, encourage production of value added goods, ensure growth of clusters such as Tirupur, Karur, and Erode and promote Made in Tamil Nadu brand.

The government should also support e-commerce, encourage man-made fibre textile products and have a policy that is in line with the textile policy of the Union Government.

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