Apparel Industry Management

Apparel Industry Management 3(3+0)

Lesson 47 : National Textile Policy

Efforts

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