The government on Thursday said the new Textiles Policy 2020 being formulated by the Centre is aimed at developing in the country a competitive textile sector which is modern, sustainable and inclusive.
This new policy will have a special focus on manufacturing of apparel and garment, technical textiles, man-made fibre products and exports.
The Textiles Ministry has sought suggestions for formulating the much-awaited new Textiles Policy for the next 10 years, which will envisage positioning India as a fully integrated, globally-competitive manufacturing and exporting hub.
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The policy will entail the strategy and action plan for the country’s textile and apparel segments, while maintaining pre-eminent position in handicraft and handloom sectors.
Source: Business Standard
