Punjab’s textile exports increased by 3 per cent from the previous fiscal year, from Rs. 12,043.2 crore (US $ 1.45 billion) to Rs. 12,241.43 crore (US $ 1.48 billion), thanks to the Central Government’s encouraging initiatives. This slight improvement in the state’s fabric business has recently been documented by the Central Textile Ministry.
The Ministry described its initiatives to revitalise Punjab’s textile industry, including talent development, financial incentives, and export promotion programs, in answer to a parliamentary question from MP Raghav Chadha of the Aam Aadmi Party. The Government is offering the industry demand-driven, placement-oriented training under the Samarth Scheme that is in line with the National Skill Qualification Framework (NSQF), which has so far been provided to almost 900 recipients from Punjab.
The Rebate of State and Central Taxes and Levies (RoSCTL) program for clothing, accessories, and makeups is being implemented by the Government to increase textile exports. The Remission of Duties and Taxes on Exported items (RoDTEP) program applies to other textile items, including those originating from Punjab. Under the Market Access Initiative Scheme, export promotion councils and trade associations are also receiving financial support to facilitate their participation in national and international buyer-seller meetings, trade shows, and exhibitions.
Three projects have been approved in Punjab as part of the Scheme for Integrated Textile Parks (SITP), which aims to strengthen the infrastructure of the sector: Lotus Integrated Tex Park, Rhythm Textile and Apparel Park, and Ludhiana Integrated Textile Park. Additional assistance is
provided via the Production Linked Incentive (PLI) program, which focuses on large-scale production of technical textiles, clothing, and man-made fabric.
