Maharashtra's Textile Policy: Cotton Boost, Job Creation, and Heritage Protection
02 June 2023, Mumbai
Maharashtra, a key cotton-producing state in India, is taking significant steps to enhance its textile value chain by focusing on cotton processing. The policy aims to generate huge job opportunities.
With the implementation of a new state textile policy, Maharashtra aims to attract an investment of ₹25,000 crore and generate 500,000 jobs by 2028. The policy includes the establishment of the Maharashtra State Textile Parks will drive industry development.
Textile Development Corporation (MSTDC) and the creation of six textile parks. It also emphasizes the preservation of indigenous textiles like Paithani, Himru, Karvat Kathi, Khana, and Ghongadi.
Financial assistance
Financial assistance will be provided to traditional artisans, with female weavers receiving ₹15,000 and male weavers ₹10,000 annually.
Additionally, the government plans to distribute a free saree each year to families below the poverty line (BPL) in the state. Maharashtra's ambition is to transform the cotton value chain from farm to fibre to factory to fashion to foreign markets, elevating the state's position as a textile hub.
