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7 Mega textile parks on lines of China, Vietnam in the works
India has already sanctioned 59 textile parks under the Scheme for Integrated Textile Parks (SITP), of which 22 have been completed.
Synopsis
The textiles ministry has readied a Cabinet note on the proposed national textiles policy, which seeks to position India as a fully integrated, globally competitive manufacturing and exporting hub.
New Delhi: India is likely to develop seven mega textile parks, on the lines of China and Vietnam, as part of a plan to double the industry size to $300 billion by 2025-26.
The textiles ministry has readied a Cabinet note on the proposed national textiles policy, which seeks to position India as a fully integrated, globally competitive manufacturing and exporting hub. ....

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