Government of India has set some targets to intensify and promote textile industry. To materialize these targets, efforts are being made, which are as follows:
Textile and apparel exports will reach the US $ 50 billion mark by 2010
All manufacturing segments of textile industry will come under TUFS ( Technology Upgradation Fund Scheme)
Increase the quality and productivity of cotton. The target is to increase 50% productivity and maintain the quality to international standards
Establish the Technology Mission on jute with an objective to increase cotton productivity of the country
Encourage private organization to provide financial support for the textile industry
Promote private sectors for establishing a world class textile industry
Encourage handloom industry for producing value added items
Encourage private sectors to set up a world class textile industry comprising various textile processing units in different parts of India
Regenerate functions of the TRA(Textile Research Associations) to stress on research works
