Maharashtra government gives impetus to textile sector with the New Textile Policy 2018-2023
The new textile policy of Maharashtra was unveiled by Honourable Chief Minister Shri Devendra Fadnavis recently. The policy is a new wave in textile sector of Maharashtra, which aims to create over 10 lakh jobs in the next five years and double the farmers’ income by the year 2023.With several investor friendly benefits especially in terms of power subsidies, it is expected that textile sector would attract investment worth INR 36,000 crore during this period. Further, there is emphasis on invigorating the garment, knitting and hosiery sector, which would benefit the women who form a major part of workers in the state.

Guidelines for capital subsidy under new textile policy 2018-23: Click Here
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