In the News, Politics & Policies

India – Proposition of a textile policy to create 35 million more jobs

An expert panel constituted by the government on Monday submitted the draft of the new National Textiles Policy, which aims to achieve $300 billion exports by 2024-25, and creation of additional 35 million jobs by attracting investments.Capture d’écran 2014-07-28 à 12.12.49

The blueprint termed as the draft ‘Vision, Strategy and Action Plan’ to revitalize the textiles and apparel industry envisages an additional investment of $120 billion. It was presented to textiles minister Santosh Gangwar by chairman of the Expert Committee Ajay Shankar.

“The Expert Committee identified basic concerns in textiles sector and identified the national priorities in the form of a Vision & Strategy and the Action Plan for attaining the targets set out in the Vision for exports, investment and employment by the year 2024-25,” an official release said.

Chosen excerpts by Job Market Monitor. Read the whole story at Textile policy aims to create 35 million more jobs, $300 billion exports – The Times of India.

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