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Tamil Nadu Gears Up for New Textile Policy to Revitalise Industry

Published: November 8, 2024
Author: TANVI_MUNJAL

The Tamil Nadu government is on the verge of unveiling a new textile policy designed to address the pressing challenges faced by the state’s textile and apparel sector. A senior official from the Department of Handlooms, Handicrafts, Textiles, and Khadi confirmed the development, highlighting that the policy will build upon the 2019 framework, incorporating necessary updates to align with the industry’s current needs.

Following a recent meeting with key stakeholders in Chennai, the final stages of policy formulation are underway. The official assured that the upcoming policy will directly address the industry’s pain points, providing much-needed relief and support.

Industry leaders who participated in the meeting emphasised the state’s significant excess capacity across the entire textile value chain. They advocated for a policy that prioritises the modernisation of existing units, particularly traditional power looms. To facilitate this, the policy should provide incentives for investing in new machinery or retrofitting existing equipment.

Another critical issue highlighted by industry representatives is the challenge faced by Common Effluent Treatment Plants (CETPs) in disposing of sludge generated from effluent treatment. The policy is expected to address this concern and provide solutions to ensure sustainable waste management practices.

In response to the recent hike in electricity charges, the Southern India Mills Association (SIMA) has committed to preparing a comprehensive report analysing the social and economic implications of the increase. This report will be submitted to the government to advocate for measures to mitigate the impact on the industry.

The forthcoming textile policy is anticipated to play a pivotal role in revitalising Tamil Nadu’s textile sector, fostering growth, and ensuring its continued competitiveness in the global market.

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