As per Mr.
Santosh Gangwar, the Union Textiles Minister, it is highly likely that the
government may introduce a new textile policy in April. This policy will
plausibly target the growth of the industry for the coming 10 years and will
look forward to achieving a whopping target of over $300 billion in textile
exports and lead to the creation of over 35 million employment opportunities,
thus strengthening the industry even further. Mr.Gangwar, present at the Make
in India Week, quoted “The long-awaited National Textile Policy is nearing
finalisation and is likely to be issued before the end of April 2016”. He said
that talks and consultations with the stakeholders are going on and was quite confident
about the policy to be released in the budget session. According to him, the
policy will embrace all concerns pertaining to various aspects including labour
reforms, investments in the sector, and provision of a road map for further
developments in the same. The policy is also slated to look into the concerns
raised by the skilled workforce of the industry.
