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Telangana unveils textile policy to boost sector

Telangana is unveiling a bouquet of incentives for the textile and apparel sector. The incentives will cover fiber to fabric and cover capital and operational assistance, infrastructure support; capacity building and skill development. The proposed incentives aims to create an environment to encourage investments in downstream processing activities, mainly focusing on spinning, weaving, knitting, processing and garment manufacturing, including made-ups.

Besides encouraging new units across the value chain, the incentives will also support existing units to modernise and expand and undertake marketing and promotion activities. Units having investments over Rs 200 crores and/or providing employment to more than 1,000 people would be treated as mega projects and considered for special tailor-made incentives, if need be.

While the emphasis is on encouraging industry, to attract investments and generating employment opportunities for the local population, the industry is expected to provide fair and decent wages to the workforce. In doing so, the focus would also be on ensuring against exploitation of the workforce by the enterprises.

Though the state produces about 60 lakh bales of cotton, processing and value addition are largely limited to ginning and pressing. Roughly 10 lakh bales are utilised by the 35 spinning mills in the state that have a capacity of 9.3 lakh spindles.

 
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