Andhra Pradesh government will release a new textile policy soon, says Textile Minister

Category: General

Country: India

Region: Asia

By Apparel Resources News-Desk 
20th August 2024 | 2 mins read

A new policy for the promotion of the textile, apparel, and garment sectors is about to be released by the State Government, according to S. Savitha, Minister for Backward Classes Welfare and Handlooms & Textiles.

Using a video conference from the Secretariat, Savitha addressed investors, stating that the Government has prioritised building the required infrastructure and providing incentives and different permissions to the businesses in a timely manner.

“The TDP Government of 2014-19 had brought the ‘Textile Policy 2018-23’, but to no avail as the policy was discarded by the YSR Congress Party Government, as a consequence of which existing industries suffered a lot and prospective investors preferred to expand their businesses in other States. The new policy would be an improved version of the Textile Policy of 2018-23 that would suit present circumstances,” she said.

According to the Minister, Andhra Pradesh ranked second in the nation for silk output and sixth and seventh for cotton and jute production, respectively. Nine textile and apparel parks exist in the state, three of which are owned by the Government, she continued.

“Besides, Andhra Pradesh has 146 mega textile industries and 15 technical textile-making units. Investors can explore opportunities to manufacture agro, geo and mobile (automotive) textiles,” she said.

Citing its unique advantages, she added that Andhra Pradesh was a prime location for investors and that the Government would provide every assistance to businesses interested in establishing branches in the State. K. Sunitha, Principal Secretary (Handlooms & Textiles), Srikanth Prabhakar, Joint Director, and others were in attendance.

Courtesy: Apparelresources.com