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New National textiles policy to be announced in July

Related Keywords: after cabinet approval, aim to create new jobs, by attaracting foreign investment, Clothing Manufacturers Association of India, CMAI, improving US economy, National Germent Fair in Mumbai, New national textile policy, to be announced in July

The government to announce the new national textiles policy in July after the cabinet approval aims at creating 35 million new jobs by attracting foreign investment, Textile secretary S K Panda said on Mondy after inaugurating the 61st National Germent Fair in Mumbai.

Minister of State (Independent Charge) for Textiles Santosh Gangwar, who has been working on the long-delayed policy since he assumed office last year, however, did not give an exact time-frame within which the policy could be expected.

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