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dirtexmah.gov.in website has launched by the State government for Maharashtra Textile units. HVMk@t\A- rPj7rEnRyOgWGb%LT*%c?rhc@bX. Mumbai: The textile policy of the state for the period 2018-2023 was approved by the State Cabinet today. hb```"[#A1 ft0Owa!nb6K1CSa:v=4844t3|4|tfD SlN9L ">:l LAH ,X;;::8Hp0 z6>p'.afb!cdzKr-P% H0>@uv)~ m X& mKr)X7-M .JndKewS*aD o6A> K[ A1J"q45e5N=n _5zTvt Q}6cUsK$s4jy=; @i3o$Co'moF6pnJk{JCI{-$;&I/D:9RXcz3Vq! In this regard, directives have been issued to improve the apparel sector by banks and textile companies. covered under the Textile Policy 2018 23 of Maharashtra State shall be eligible only for incentives other than those offered by the other State The new textile policy of Maharashtra declared on 15th February 2018. endstream endobj 99 0 obj <>stream The state government of Maharashtra has formed a panel to help set up solar power plants at cooperative spinning mills and textile units. The Textile Policy 2018-23 highlights are as follows: Strengthen the cotton sector Encourage and support spinning mills in the cotton growing areas. Government of Maharashtra Co-operation, Marketing and Textile Department Government Resolution No. Maharashtra Retail Trade Policy 2016. hbbd``b`1@Hlq$b rI;iL@00Kgl` The Maharashtra cabinet has approved a new textile policy for 2018-2023 to attract investment of Rs 36,000 crore and generate 10 lakh jobs.. Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the Make in Maharashtra idea to strengthen the cotton industry and silk business. State Textile Policy 2018-23. The State Government approved a new textile policy for a tenure of 2018-23 with an aim to attract investment of Rs 36,000 crore (US$5.6 billion) and increase employment. To strengthen cotton, silk and wool sectors, and promote non - conventional yarn and green textile. endstream endobj 98 0 obj <>stream All Rights Reserved By Maharashtra State Co-operative Textile Federation Ltd. Textile Components : (Included in Textile policy 2018-23) Cotton ginning and pressing 0 Maharashtra Textile Policy 2018-23 1) Who is eligible: Projects for which the long term loan has been approved for machinery under the centrally sponsored TUFS Introduction: Maharashtra State, covering the western and central parts of the country, is blessed with a 720km long coastal line of the Arabian Sea. We have also given subsidy to other textile projects. To create an efficient internal trade opportunity by promoting world-class logistics & warehouse chain. Investment of Rs 36 thousand crores and 10 lakhs employment generation is the most important objective of this textile policy and it will provide a new direction to the textile industry in the state . Maharashtra Retail Trade Policy 2016. In the new Textile policy 2018-23, approved in February, the department has decided to give power subsidy of Rs 3 per unit to cooperative spinning mills for three years. endstream endobj startxref Reducing power tariff and raising capital subsidy for spinning mills are two key aspects of the policy, which takes forward the Make in Maharashtra idea to strengthen the cotton industry and silk business. dirtexmah.gov.in website has launched by the State government for Maharashtra Textile units. Encourage and support spinning mills to set up solar power plants trade opportunity promoting Gives impetus to textile sector with the new textile Policy 2011-17 will be continued with modifications in state! Form Maharashtra govt conventional yarn and green textile will be continued with modifications maharashtra state textile policy 2018-23 textile! Attract investment of INR 36,000 crore the state government s initiative textile units will get the bill. 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