Reported by Chinmaya Dehury/Edited by Swetaparna Mohanty
Bhubaneswar, Aug 31
The Odisha government is contemplating formulation of an exclusive textile policy to encourage textile manufacturing and exports, which have tremendous scope for growth and employment in the current global scenario, in the state.
Before the finalisation of the proposed textile policy, the government has decided to prepare a comparative statement of textile policies in states like Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu, Gujarat and West Bengal.
The Industry department has asked Industrial Investment Promotion Corporation of Odisha Limited (IPICOL) to prepare a comparative statement of textile policies in these states, which will be examined before formulating an exclusive policy for Odisha, said an official of the department.
The government move comes after Union Textile Minister KC Rao proposed to Chief Minister Naveen Patnaik a state specific policy with provision for giving incentives to the textile industry in the state.
“The textile and clothing industry today is one of the most important sectors of the Indian economy, contributing up to 13% of all industrial production and 12.5% of the country’s export earnings. However, India has only been able to capture only 3.5% share of the global textile trade though there is ample scope for doubling this with concerted efforts. A new strategy is, therefore, required to achieve a breakthrough and to increase market share globally”, said the Union Textile minister in a letter to the Chief Minister of Odisha.
Government of India has provided assistance to industries through five-year plan schemes like Technology Upgradation Fund Scheme (TUFS) and Scheme for Integrated Textile Parks (SITP) to achieve its objective. “The value added stages of weaving, processing and readymade garments which exist mainly in the small scale sector have, however, not grown at a pace commensurate with the increase in spinning capacity in the mill sector. The state governments need to join hands with Central government to give the sector a push at the crucial juncture,” said the minister asking the Odisha government to introduce a textile policy for the state.