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Related Keywords: apart from the Centre's textile package, attract investment, attract textile entrepreneurs, avert existing unit, entire value chain, introduced own textile policies, Maharashtra government, Major Cotton growing states, migrating to other major cotton growing states, new textile policy, other incentives, plans to introduce, TUFS

Major Cotton growing states have introduced their own textile policies apart from the Centre's textile package, the technology upgradation fund scheme and other incentives, to attract investment. Maharashtra government to attract textile entrepreneurs in the entire value chain and also to avert the existing unit from migrating to other major cotton growing states is planning to introduce a new textile policy in next two months.

Related Keywords: CII Conference on Achieving Sustainable Growth, demand pattern, industry members, invited inputs, Maharashtra Cooperation, Maharashtra government, Manufacturing Excellence, Marketing and Textiles Minister Subhash Deshmukh, new textile policy, Technical Textiles, textile and apparel industry, value added garments, year 2017-2022

Maharashtra Cooperation, Marketing and Textiles Minister Subhash Deshmukh at CII Conference on Achieving Sustainable Growth in Textile and Apparel Industry through Manufacturing Excellence said that the Maharashtra government will be coming out with the new textile policy for year 2017-2022 soon.

The Maharashtra government is working out a new textile policy and has invited inputs from all the industry member in this regard.
Textile Commissioner Kavita Gupta, who was also present on the occasion, said that the government is focussed on value added garments and technical textiles.

Related Keywords: ample cotton growing, Farming is lacking technology, Industries minister of Maharashtra, Maharashtra government, northern cotton growing regions, planning to set up nine textile parks, Progressive Maharashtra Summit, supplement farmers income, value added products, value addition from produce to fibre to fabric to fashion

The Maharashtra government is planning to set up nine textile parks in the northern cotton-growing regions of the state as there is ample cotton growing in northern Maharashtra and there is no value addition and through value added products they aim to supplement farmers’ income, said Subhash Rajaram Desai, industries minister of Maharashtra.

Related Keywords: developed on the sprawling land in Malegaon, Farm to Fashion, farmers who produce cotton, garmenting segment, house units from weaving, Integrated textile park, Maharashtra government, planning to develop, spinning, strengthen linkages, theme of Cotton to Cloth, to ready-made garments in industrial units, to spinning of yarn

Maharashtra government is planning to develop an integrated textile park on the theme of Cotton to Cloth, Farm to Fashion which will house units from weaving, spinning, garmenting segment. The textile park will come up on the sprawling 345 hectare of land in Malegaon.

Related Keywords: bhoomi pujan off the park, held on republic day, Maharashtra government, major garment hub, promote city of Solapur, set up garment park in Solapur, state textile minister, Subhash Deshmukh, three day internationational exhibition, uniform and textiles

Maharashtra government to promote the city of Solapur as a major garment hub has decided to set up Rs 300 crore garment park in Solapur The bhoomi pujan (ground breaking ceremony) of the park which would be developed thereon would be held on January 26, said state textile minister Subhash Deshmukh at the inauguration of the three day international exhibition on uniform and textiles held in Solapur.

Related Keywords: agro industries, chief minister, cotton processing units, Devendra Fadnavis, higher remuneration for cotton farmers, interest subsidy, Maharashtra government, open up new market opportunity, policy to promote the textile sector, single window clearance, Tax concession on yarns, Vidarbha and Marathwada, worked out integrated model of textile

Maharashtra government to open up new market opportunities with higher remuneration for cotton farmers has worked out an integrated model of textile and agro industries in Vidarbha and Marathwada, said Chief Minister Devendra Fadnavis on Saturday performing the bhoomipujan for the units of J K Investors Ltd and Raymond Group of Companies at Nandgaon Peth in Amravati.

Related Keywords: Amravati district, chairman and MD Gautam Singhania, Chief Minister Devendra Fadnavis, develop the textile parks, dream project, investment of rupees one thousand four hundred crore, Maharashtra government, Make in India Week, Raymond, set up integrated textile manufacturing plant, signed MoU, textile major

Raymond, textile major has signed Memorandum of Understanding with Maharashtra government for setting up integrated textile manufacturing plant an investment of Rs 1,400 crore in state's Amravati district, chairman and managing director Gautam Hari Singhania told reporters on the sidelines of the ongoing Make in India Week held in Mumbai today.

Related Keywords: cotton ginning, credit linked subsidy, given thirty five percent capital subsidy, Maharashtra government, not linked to bank loans, policy decision, power loom and other textile-related units twenty five percent, processing and printing unit, provide subsidy to textile owners, spinning mills, technical textiles and composite units thirty percent

Maharashtra government for the first time has taken decided to provide subsidy to textile owners which would not be linked to bank loans. In a policy decision taken last week, the state government has decided to provide capital subsidy which would be delinked from bank loans. Spinning mills, cotton ginning, processing and printing units would be given 35% capital subsidy; technical textiles and composite units 30%; and power loom and other textile-related units 25%.

Related Keywords: contributes thirty percent, facilitator for providing land for the textile sector, followed by Marathwda, intregrate six distressed districts, Maharashtra government, Maharashtra Industrial Development Corporation, maximum cotton growing region, restore tage of white gold, VIdarbha, working n exhaustive policy

Vidarbha, the eastern region of the Indian state of Maharashtra is amongst the maximum cotton growing region that contributes 30 percent of the crop followed by Marathwada regions comprising the districts of Yavatmal, Nanded, Amravati, Parbhani, Wardha, Jalgaon, Akola, Buldhana, Nagpur, Dhule, etc. The Maharashtra government is working on a exhaustive policy to integrate six distressed districts of Vidarbha through 80 percent cotton industry to restore its tag of “white gold”.

Related Keywords: Chandrakant Dada Patil, cooperative sector, cooperative textile mills, government investments, Maharashtra government, Suresh Halwankar Committee, textile mills in maharashtra

Around 50 co-operative textile mills in Maharashtra are sick, closed or under liquidation process with losses in the range of Rs 10-40 crore each. The government's share in their capital ranges from 80% to 45%.

In order to save these mills from losses, Maharashtra government may soon allow the mills in the state to sell off excess land in their possession. These mills were never given permission to sell the extra land, despite repeated requests to this effect. The government has not yet decided on whether there should be a cap on saleable land.