7 textile parks will be established over 3 years: FM Nirmala Sitharaman
- A scheme of Mega Investments Textile Park will be launched, said FM
- 7 textile parks will be established over 3 years, said Sitharaman while presenting Union Budget 21-21
- The textile industry is among the hardest-hit sectors due to coronavirus
Finance Minister Nirmala Sitharaman said that “a scheme of Mega Investments Textile Park will be launched in addition to PLI Scheme which will create world class infrastructure with plug and play facilities to enable global champions in exports”
She also said that “7 textile parks will be established over 3 years” as an attempt to make Industry globally competitive
The textile industry is among the hardest-hit sectors due to coronavirus.
Earlier this week, a team of people representing different brands has urged the government to implement a uniform GST for apparel along with several other measures that needs to be taken to uplift the industry.
Related Articles
ADVERTISEMENT