Related Keywords: approved policy in principle, attract investment, in form of new machines, infrastructure provision, Maharashtra state government, major cotton producer, processor, setting up clusters, textile policy designed by Suresh Halwankar
The Maharashtra state government has approved the policy in-principle designed by Suresh Halwankar, BJP MLA from Ichalkaranji and it is now being discussed at the secretary level as it is a major cotton producer and processor in the country. However, the final call on the proposed textile policy would be taken only after September 11.
The policy is expected to attract investments worth Rs 80,000 crore. The investment will come in the form of new machines, setting up of clusters and infrastructure provision.