Telangana Textile Mills Association has asked the State Government for a host of incentives including investment and interest subsidies in the proposed new industrial policy. As Telangana consumes only about one million bales of a total production of five million bales in the State, spinning and textile industry needed encouragement from the Government. The spinning sector and technical textiles would need a minimum capital/investment of 20 per cent and 30 per cent, respectively with interest subsidy benefit. Setting up of incubation centres on lines of Central Government scheme for apparel and garments units with all necessary infrastructures to be given on lease with nominal rent to the entrepreneurs, are among the suggestions given by the association. Other demands include: The Government should consider promoting mega textile projects with an investment of Rs. 100 crore plus for a minimum employment generation of 600 jobs. Mega projects should be made eligible for all the incentives available for large industries with 100 per cent reimbursement of Central or State taxes. The industry was suffering losses due to power cuts to the tune of 30 to 50 per cent for the last five years and quality power supply should be ensured round the clock.
