As to what looks like a massive leap in development, the central government has confirmed Andhra Pradesh to be the hub of first of its kind integrated textile city in India. To this effect, the government of India has already started the process of zeroing on the land along with the requisite skill and technology.
Textile Minister Holds Confirming Discussions with the CM
Textile minister Smriti Irani is said to have spoken at length with the CM Sri N Chandrababu Naidu, where the latter has expressed the willingness to provide land and other facilities for the same. The proposal that has been put forth by the NITI Aayog has been accepted. Several officials from NITI Aayog will soon be visiting China along with the textile minister to understand and obtain information about the operations of the proposed mega textile city.
Integrated Textile City
The proposed integrated textile city in AP will be the largest exporter of Indian textiles to other countries. With China still being a pioneer in major textile cities, the Indian government wants to look at gathering best practices in order to implement the same here.
Textile Industry – India’s Way Forward
Textile industry is inevitably the largest employer in the country, with over 32 million hired skill and promises more avenues and jobs in the sector. This industry is also one of the major areas that is under the focus of PM’s vision. The government is working exhaustively on the sector, and had recently announced a package of Rs 6000 Cr with expectations to generate over 10 million new jobs in the coming three years. This package includes 5 percent duty drawback for the garments sub sector.
Contribution to Employees
The Indian government will bear the EPF for the employees in the garment sector who are earning less than Rs 15000 per month for the first three years. There will be also revamp done on the national textile policy, with an intent to achieve $300 billion exports and over 30 million jobs by the year 2025.