SME Times is powered by   
Search News
Just in:   • TN yarn manufacturers form association to revive struggling sector amid rising costs  • Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia  • Europe facing earlier, stronger heatwaves: Climate scientist  • India and Namibia sign two MOUs in fields of health and entrepreneurship  • PM Modi arrives in Delhi after concluding 'productive and successful' 5-nation tour 
Last updated: 29 Jul, 2024  

Textiles.9.Thmb.jpg 'Bengal textile policy to help sector grow'

West Bengal Map
   Top Stories
» TN yarn manufacturers form association to revive struggling sector amid rising costs
» Committed to nurture next-gen innovation in 6G technology: Jyotiraditya Scindia
» Piyush Goyal holds talks with Malaysian minister on review of ASEAN trade pact
» India and OPEC have a unique and symbiotic relationship: Hardeep Puri
» SIP inflows hit all-time high in June, total AUM for equity MF at Rs 74.41 lakh crore
SME Times News Bureau | 20 May, 2013
With the Mamata Banerjee government in West Bengal coming up with a draft textile policy to attract investment to revive the sector, leading industry lobbies have expressed hope that the policy roadmap would help the industry to grow significantly.

States like Maharashtra and Gujarat unveiled their new textile policies last year to woo investors.

"A policy was necessary. It will surely help Bengal's textile sector grow rapidly. The roadmap is also expected to ensure a higher contribution from the state to the country's textile sector in the days ahead," Bengal National Chamber of Commerce and Industry (BNCCI) secretary D.P. Nag told media.

"The sector has a lot of potential in terms of employment generation," Nag observed.

Addressing the media at the state secretariat here, Chief Minister Mamata Banerjee Saturday said the draft textile policy was ready.

The state government has uploaded the draft policy on its websites and invited suggestions from various industry bodies as well as business community.

Welcoming a textile policy for the state, FICCI said many of the suggestions of the chamber were reflected in the draft policy being issued by the government for comments.

"West Bengal has a long history and tradition in textiles, but there was a need for a policy roadmap which will revive, modernise and broad base the state's textile industry and integrate it with the global market," said FICCI senior vice president Sidharth Birla.

As other states had come up with very competitive textile policy and attracted significant investments as a result in the last few years, it was important that Bengal also came up with an ambitious policy to attract investments, Birla said in a statement.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
  Daily Poll
Do you think Indian businesses will be negatively affected by Trump's America First Policy?
 Yes
 No
 Can't Say
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter