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Related Keywords: huge opportunity for skilling, increase export, Make in India vision, New national textile policy, portfolio of great importance to rural economy of the nation, Prime Minister Narendra Modi shows faith in her capabilities, skill development, Smriti Irani takes charge of Textiles Ministry, textile sector

Smriti Irani takes charge of Textiles Ministry as Prime Minister Narendra Modi shows faith in her capabilities. She thanked Prime Minister for allocating her a portfolio which is of great importance to the rural economy of the nation.

Smriti said that she was happy to have been given an opportunity in the textile sector especially when a special package (of Rs 6,000 crore for the apparel segment) has been announced for the sector.

She is hopeful that the much-awaited new national textile policy "will soon see the light of day".

Related Keywords: Australia and Canada, contains a package to boost job creation, for home textile sector, New national textile policy, promotion of made-ups, reviewing existing free trade agreements, seriously negotiating FTAs with EU, sign a separate bilateral agreement with the Great Britain, soon be placed before the Cabinet seeking approval

The new National Textile Policy will soon be placed before the Cabinet seeking approval, the policy contains a package to boost job creation and promotion of made-ups for the home textile sector, on the lines of the one which was extended to the apparel industry.

Textile Secretary Rashmi Verma at a Texprcial event in Mumbai, said that the draft textile policy will be soon placed before the Cabinet and the home textile sector can also look forward to a package similar to what is extended to the apparel sector.

Related Keywords: accomodate series of reforms, amendment in labour law, close to finalization, during budget session of Lok Sabha, Indian textile players, issued before end of April, make India manufacturing hub in textile sector, New national textile policy, Santosh Kumar Gangwar, slowdown in Chinese textiles industry, take maximum advantage, Textile Minister

Textiles Minister Santosh Kumar Gangwar said that New National Textile Policy is close to finalization and to be issued before the end of April, 2016 during the budget session of the Lok Sabha. The policy is expected to accommodate a series of reforms to make India a truly manufacturing hub in textiles sectors so that Indian textiles players can take maximum advantages of the slowdown in Chinese textiles industry.

Related Keywords: achieve USD three hundred billion textiles exports, address adequate skilled work force, approval from Cabinet, attract investments, create thirty five million jobs, labour reforms, New national textile policy, road map, textile sector, Textile and Clothing industry, Textile Ministry, Union Minister Santosh Gangwar

Textiles Ministry to seek approval for the new national textile policy from Cabinet for which they will be approaching the Cabinet in 10-15 days, said Union Minister Santosh Gangwar today.

The new policy aims to achieve USD 300 billion textiles exports by 2024-25 and envisages creation of additional 35 million jobs.

The policy also aims to address concerns of adequate skilled work force, labour reforms, attract investments in the textile sector, and to provide a future road map for the textile and clothing industry.

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.

Related Keywords: agro textile, CMAI, expand production capacity, geo textile, Indian textile sector, National Garment Fair, New national textile policy, Technical textile, Textile Commissioner, Textile parks

The new national textile policy is almost ready and is expected to be announced immediately after the Union Budget. Textile Commissioner Kiran Soni Gupta informed after inaugurating the 60th National Garment Fair organised by Clothing Manufacturers Association of India (CMAI) in Mumbai.

The textile sector will get a new direction and a huge support from the new policy as it has outlined all the aspects - the vision, strategy and the action plan.

Related Keywords: expert panel, investment, job creation, New national textile policy, Strategy & Action Plan, textile and garment export, Vision

The new National Textiles Policy draft submitted by an expert panel constituted by the government on Monday aims at achieving textile and garment exports growth of $300 billion by 2024-25 from around $39 billion in the last fiscal and also creating additional 35 million jobs by attracting investments.