Subhash Deshmukh, Textile Minister of Maharastra has urged textile chains in Karnataka and Tamil Nadu to invest in the state. Maharashtra textile units have been reeling under power cuts and frequent queries from the pollution control boards in the two southern states. In its new textile policy, the Maharashtra government announced a power tariff of Rs 3 per unit for co-operative cotton mills and Rs 2 per unit for power looms, cloth processing, and garment and hosiery units in the state.

Since its launch nearly three years ago, nearly 400 textile units have been set up in the Solapur textile hub, which the government of Maharashtra plans to raise to 2,000 by 2022. The state intends to invest Rs 46.49 billion between 2018 and 23, under various schemes to be implemented under its “Fiber to Fashion” mission. This will generate 1 million jobs by 2023 besides promoting cotton, silk and other raw materials processing in the state.