Apparel Industry Management

Apparel Industry Management 3(3+0)

Lesson 47 : National Textile Policy

The Targets of National Textile Policy are

• The size of textile and apparel exports must reach a level of US $50 billion by the year 2010.
• The Technology Up gradation Fund Scheme should be implemented in a strict manner.
• The garments industry should be removed from the list of the small scale industry sector.
• The handloom industry should be boosted and encouraged to enter into foreign ventures so as to compete globally. The National Textile Policy has also formulated rules pertaining to certain specific sectors. Some of the most important items in the agenda happens to be the availability and productivity along with the quality of the raw materials. Special care is also taken to curb the fluctuating price of raw materials. Steps have also been taken to raise silk to the international standard.