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New textile policy to be announced by TN to add pace to thriving textile sector

Related Keywords: Global Investors Meet, new textile policy, SIMA, SITRA, Tamil Nadu state to announce, Technical textile, Textile Industry, Tirupur Exporters Association, top destination for investment

The Tamil Nadu State would be soon announcing a new textile policy, making the already successful textile industry a top destination for investment, industry experts said at a seminar at the Global Investors Meet (GIM) on Thursday.

Tamil Nadu - the nation’s largest textile manufacturer would be able to corner a lion’s share of the 15 million new jobs that would be generated, with the Indian textile industry poised to touch US$ 500 billion by 2025.

Global Investment Meet likely to turn into a bonanza for TN textile and apparel sector

Related Keywords: biggest knitting cluster, bonanza in terms of new projects, Global Investors Meet, in Textiles and Apparels sector, largest spinning industry, new Cuddalore Textile Park, new projects in gramenting, set to be sign MoUs, Tamil Nadu leading state in Textile Industries

In an effort to build on the attractive growth prospects in Tamil Nadu and the Government’s commitment in maintaining the state’s position as one of India’s most preferred investment destinations, a Global Investors’ Meet has been organized that is likely to turn into a bonanza in terms of new projects in all the right places and sectors especially textile sector.

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