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Maharashtra to get eight more textile parks

Sunil Porwal, Additional Chief Secretary, Co-operative, Marketing and Textiles Department, Government of Maharashtra said that Maharashtra plans to open eight more textile and apparel mega parks in cotton belts to boost textile exports. The parks are to be opened in Beed, Jalgaon, Aurangabad, Buldhana, Akola, Parbhani and Jalna.

Porwal stated that pre-approved land banks would be earmarked by the end of November 2015, which is in addition to a mega park of 500 hectare already initiated by them in Amravati. They are offering interest subvention subsidy on machinery from 20–25 per cent and are also committed to put in proper affluent treatment plants along with these parks to protect the environment, he added.

At the CII Texcon 2015, a report on ‘Make in India’ for the textile and apparel sector released by Confederation of Indian Industry (CII) and Wazir Advisors urges for the government’s need to aggressively enter into as many Free Trade Agreements (FTAs) as possible with select textile markets in Asia and European Union. This is to safeguard the Indian textile and apparel industry against the impact of the Trans-Pacific Partnership (TPP) between USA and 11 other Asia-Pacific countries, mentioned the report.

To qualify for duty-free treatment, the yarn and fabric used in final product has to be manufactured in one of the free trade partners, under the pact. At present India exports yarn and fabric to Vietnam, which then exports the finished products to countries such as US; thus, the TPP will adversely impact the Indian textiles industry.

 
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