The Maharashtra Government will soon announce its textile policy and is also planning to set up a garment trading hub in Mumbai. Sharing this, Chandrakant Dada Patil, Minister for Higher and Technical Education and Textile Industry, said that the proposed garment trading hub in Mumbai will be on the lines of China’s Guangzhou and Turkey’s Istanbul. The Government is contemplating an allotment of slum area, where part area will be utilised for SRA development and the remaining area shall be given to the garment industry for setting up of the international garment trading hub.
As another option, the Government is also considering to give space to closed Government textile mills to set up in the garment trading hub.
The present textile policy of Maharashtra has been operative from 2018 to 2023, expiring on 30th March 2023.
Inaugurating The Clothing Manufacturers Association of India’s (CMAI) 76th National Garment Fair (NGF), the Minister said that the Government has appointed a committee of 30 various stake holders, including 2 representatives of CMAI, Ankur Gadia and Dinesh Nandu.
This committee has recommended extending the present textile policy for further three months. The committee will submit its final report by March end 2023. Based on these recommendations, the Maharashtra Government will form its new textile policy.
More than 950 stalls and over 1,000 brands are taking part in the three-day long NGF.