Ansh Bhilwar’s Post

Revitalising India’s Textile and Apparel Industry: A Comparative look at state policies. Insightful overview of the evolving textile policies across various states! It's inspiring to see how Maharashtra, Haryana, Uttar Pradesh, and Bihar are taking significant strides to boost the industry. These initiatives are crucial for maintaining India's competitive edge in the global market. #textileindustry #investment #statepolicies #economicgrowth #haryana #uttarpradesh #Bihar #maharashtra

Which state spins better growth by reeling the scheme benefits and attracting investments. Textile & Apparel industry is an integral part of India’s growth story. The presence of an entire manufacturing value chain from fibre to apparel and availability of raw material gives distinct advantage for both backward and forward integration. Most of the Indian states have come up with Textile & Apparel policies to give more thrust to this sector. As the Indian textile industry seems to be losing its major share on competitor countries like Bangladesh & Vietnam, these subsidies give a ray of hope to bring in more investments in the sector. We have taken four states which have exclusive Textile & apparel policies: 1)Maharashtra has come up with new policy and covers capital, power & CETP/Zld subsidies etc while Haryana offers full package of subsidies for MSME sector. 2)UP & Bihar have also covered most of the subsidies while Bihar has given more emphasis to weaving, knitting & garmenting units. 3)Haryana has covered 2 more sectors viz. textile machine manufacturing & textile recycling , which requires special thrust from govt. and investor side. It remains to be seen when other states like Gujarat, Rajasthan , Andhra Pradesh , Karnataka etc will come up with new textile policies and which state will be able to attract more investments and would suit investors requirements. #textileindustry #apparelindustry #textilepolicy #statepolicy

Why are Surat's textile giants heading to Maharashtra? Simple. The grass is cheaper (and greener) on the other side - especially when it comes to power bills. The textile landscape in Gujarat is on the cusp of a shift, with 130 Surat-based textile units already settled in Maharashtra's Navapur region. Why the migration? Lower power rates, cheaper land, and lucrative subsidies are driving this exodus. While Gujarat's new textile policy promises hope, the race is on to offer competitive benefits and keep the industry from moving across state lines. Here’s what we can learn from this scenario: 1. Power Prices Matter: In Maharashtra, textile units enjoy rates as low as ₹3–5.30 per unit, compared to Gujarat’s ₹8.50. Every rupee saved can lead to huge savings in energy-intensive industries like textiles. 2. Incentives Drive Expansion: Subsidies on land and construction costs in Maharashtra are hard to ignore, with factory owners saving millions on setup. 3. Capital Investments Follow Opportunity: Investments of ₹25 crore or more by textile firms relocating to Maharashtra show that businesses are willing to invest heavily if the incentives are right. 4. Policy Pushes and Pulls: With Gujarat’s new textile policy being rolled out, industry leaders are watching closely to see if capital and power subsidies will be enough to keep future expansions local. 5. Regional Competition is Real: Maharashtra is positioning itself as an attractive hub for Surat’s textile factories. This competition might just push Gujarat to up its game. 6. Future-Proofing the Industry: As Surat’s textile moguls look at setting up in Maharashtra’s Bhaler MIDC, it’s clear that early planning and strategic location choices can future-proof their businesses. In a rapidly changing industrial landscape, the real winners will be those who adapt to new opportunities and make bold moves. #TextileIndustry #BusinessStrategy #GujaratTextiles #Maharashtra #PolicyShift #PowerSubsidies #IndustrialExpansion

Odisha government plans to set up a textile plant in Bhadrak district to provide employment opportunities to youngsters, Industries Minister Sampad Chandra Swain told the Assembly on Friday. In reply to a question raised by Congress MLA Sofia Firdous, Swain apprised the Assembly about the state government’s decision to set up a textile park in Bhadrak. READ FULL STORY : https://buff.ly/3MXRu2F ------------------------------------------------------- Giriraj Singh Piyush Goyal Ministry of Commerce and Industry, Government of India Ministry of Commerce and Textile Industry Ministry of Micro, Small and Medium Enterprises, Government of India Trade Promotion Council of India FEDERATION OF INDIAN EXPORT ORGANISATIONS The Clothing Manufacturers Association Of India (CMAI) EPCH India HEPC India WWEPC INDIA TEXPROCIL - The Cotton Textiles Export Promotion Council FICCI Indian Ministry of Finance Sudhir Sekhri Mithileshwar Thakur MyGov India Handloom Export Promotion Council #apparelexport #textilesexport #textilenews #apparelnews

The cotton textile industry is one of the oldest and most significant industries in India, contributing significantly to the country's economy and employment. Key states involved in cotton textile production include Maharashtra, Gujarat, Tamil Nadu, Karnataka, Andhra Pradesh, and Punjab. Maharashtra and Gujarat lead in the production of cotton yarn and fabric due to their favorable climatic conditions, availability of raw materials, and well-established infrastructure. Tamil Nadu is renowned for its spinning mills, while Punjab specializes in hosiery and knitwear. The industry not only caters to domestic demand but also plays a crucial role in India's exports, making it a vital sector for the nation's growth. #cottonyarn #organiccotton #yarnmarket #textileindustry #ecofriendlycotton #cottonthreads #premiumcotton #yarnsuppliers #cottonexport #qualityyarn #textilesolutions #cottonweaving #yarnfortextiles #yarnmarketing

Gujarat is not just the ‘Textile State of India’—it’s setting new benchmarks globally! 🌏 Dive into our latest report to explore how #Gujarat leads in cotton, denim, and technical textiles, contributing 28% of India’s cotton and 60% of its cotton fiber exports. This report uncovers the state’s integrated ecosystem and strategic policy incentives that make Gujarat a powerhouse in the textile industry. 🌿💼 From the Mega Textile Park in Navsari to innovative products like Patola sarees and Tangaliya shawls, discover how Gujarat is shaping the future of textiles. Click on the link below to check out the full report  https://lnkd.in/d9tqQp3D Or contact the MARC team to read the full report: 📞9359628675 📧[email protected] Ministry Of Textiles Invest India Make In India Vibrant Gujarat EPCH India TEXPROCIL - The Cotton Textiles Export Promotion Council The Clothing Manufacturers Association Of India (CMAI) #TextileIndustry #GujaratTextiles #MARCInsights #SustainableGrowth #InnovationInTextiles #MARC #Gujrat 

The textile industry plays a vital role in the global economy, encompassing the production of fibers, yarns, fabrics, and finished products. It spans multiple sectors, including apparel, home textiles, and industrial fabrics. With innovations in technology and machinery, the industry has evolved to offer faster production, higher quality, and sustainable practices. Key trends like smart textiles, eco-friendly materials, and automation are reshaping the market. The demand for sustainable and ethically produced fabrics has led to a rise in eco-conscious brands, focusing on reducing waste and carbon footprints. Additionally, textiles have expanded beyond fashion, with applications in medical, automotive, and construction industries. As the industry adapts to new challenges, it remains a significant player in manufacturing and global trade. Contact Us : ++91 9913155789, +91 9998161261 / +917069066556 57, Neptune Estate , Near Karnavati Estate, Behind Royal Hotel, Opposite Thakar Thal, Odhav Vastral, Ahmedabad - 382415, Gujarat, INDIA. [email protected] #agarbattimachine #agarbattimachines #agarbattimachinery #agarbattimachinerocket #agarbattimachinepiston #agarbattimachinepistonset #agarbattimachinespareparts

Yesterday, I highlighted the trend of textile businesses relocating from Surat to Maharashtra. Today, I want to talk about how Gujarat is tackling this challenge head-on with the "Textile Policy 2024". This new policy is a powerful strategy to keep businesses thriving right there in Gujarat. Here’s how it’s making an impact: 1. Attractive incentives: With capital subsidies of up to 35% on fixed asset investments (maximum ₹100 crore), this policy is designed to draw businesses back and spark new investments. 2. Job creation boost: Offering payroll support of ₹3,000 to ₹5,000 per worker per month encourages companies to hire more, especially women, fostering inclusivity in the workforce. 3. Easier access to credit: The policy provides credit-linked interest subsidies of 5%-7% for up to eight years, making capital more accessible for growth-oriented businesses. 4. Focus on sustainability: Financial incentives for reducing energy and water consumption help businesses adopt greener practices, keeping them competitive and eco-friendly. 5. Skill development support: With training assistance of ₹5,000 per worker per month, this initiative aims to cultivate a skilled workforce ready to meet industry demands. By implementing these measures, Gujarat is not just aiming to halt the exodus of textile businesses; it’s setting the stage for a robust and resilient industry. #TextileRevival #GujaratGrowth #BusinessResilience #SustainableTextiles #JobCreation

Uttar Pradesh (UP), India’s fourth-largest state, is a hub for diverse export products owing to its rich cultural heritage, skilled labor, and agricultural abundance. Here are some of the best products for export from UP: 1. Handicrafts and Textiles Brassware from Moradabad: Known as the "Brass City," Moradabad produces world-class brass artifacts and utensils, popular in global markets. Chikan Embroidery from Lucknow: This exquisite embroidery style is highly sought after in the fashion industry worldwide. Carpets from Bhadohi: Bhadohi is globally recognized for its high-quality hand-knotted carpets. 2. Agricultural Products Mangoes: Varieties like Dasheri and Langda are famous exports, especially to the Middle East and Europe. Sugar and Processed Foods: UP is a leading producer of sugar, along with processed food items like jaggery and pickles. 3. Leather Products Kanpur and Agra are renowned for their leather goods, including shoes, belts, and bags, which dominate export markets. 4. Pharmaceuticals and Chemicals UP’s growing pharmaceutical sector offers generic medicines and chemicals that find demand globally. 5. Machinery and Hardware Aligarh’s locks and small hardware items are highly regarded for their durability and craftsmanship. These sectors present lucrative opportunities for entrepreneurs seeking to export from UP.

Uttar Pradesh (UP), India’s fourth-largest state, is a hub for diverse export products owing to its rich cultural heritage, skilled labor, and agricultural abundance. Here are some of the best products for export from UP: 1. Handicrafts and Textiles Brassware from Moradabad: Known as the "Brass City," Moradabad produces world-class brass artifacts and utensils, popular in global markets. Chikan Embroidery from Lucknow: This exquisite embroidery style is highly sought after in the fashion industry worldwide. Carpets from Bhadohi: Bhadohi is globally recognized for its high-quality hand-knotted carpets. 2. Agricultural Products Mangoes: Varieties like Dasheri and Langda are famous exports, especially to the Middle East and Europe. Sugar and Processed Foods: UP is a leading producer of sugar, along with processed food items like jaggery and pickles. 3. Leather Products Kanpur and Agra are renowned for their leather goods, including shoes, belts, and bags, which dominate export markets. 4. Pharmaceuticals and Chemicals UP’s growing pharmaceutical sector offers generic medicines and chemicals that find demand globally. 5. Machinery and Hardware Aligarh’s locks and small hardware items are highly regarded for their durability and craftsmanship. These sectors present lucrative opportunities for entrepreneurs seeking to export from UP.