Apparel Industry Management

Apparel Industry Management 3(3+0)

Lesson 47 : National Textile Policy

The National Textile Policy Was Formulated Keeping in Mind the Following Objectives

• Development of the textile sector in India in order to nurture and maintain its position in the global arena as the leading manufacturer and exporter of clothing.
• Maintenance of a leading position in the domestic market by doing away with import penetration.
• Injecting competitive spirit by the liberalization of stringent controls.
• Encouraging Foreign Direct Investment as well as research and development in this sector.
• Stressing on the diversification of production and its up gradation taking into consideration the environmental concerns.
• Development of a firm multi-fibre base along with the skill of the weavers and the craftsmen.