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Textiles
Textiles
Textile contributes 6% of the total industrial production in Gujarat (organised sector)
Largest producer (35 %) and exporter (60%) of Cotton in the country
Denim Production – 3rd largest in the World and largest in India (65-70%)
Over 24% to 28% of fixed investment, production value and employment of Small Scale Industries (SSI) is from textiles sector
Presence of textile related academic institutes cater to the manpower requirement of this highly labour intensive industry
Technical Textiles is a key emerging area with over 860 units in Gujarat (as per Government of Gujarat’s survey report)
Government Initiatives
Margin money subsidy at 20% to power loom units on investment in TUF compatible specified machinery subject to a capital ceiling of INR 200 lakhs.
25% capital subsidy on purchase of new machinery and equipment for pre-loom and post-loom operations, handlooms/upgradation of handlooms, testing and quality control equipments for handloom production units.
An extensive skill development programme in the textile and garment sector is to be launched by leveraging the strength of the Textile Ministry to train 3 m individuals over 5 years.
4% interest reimbursement for spinning machinery and 5% interest reimbursement for remaining sectors.
40% capital subsidy for construction of group work shed under Group Work Shed Scheme (GWSS) for powerloom sector
Investment Opportunities
Conventional Textiles
Ginning and Pressing
Cotton & Synthetic based Spinning, Weaving & Processing Units
Cotton Knitwear
Terry Towel / Home Furnishing
High valued Garment Manufacturing
Technical Textiles
Protective Textiles
Agro Textiles
Geo Textiles
Automotive Textiles
Home Textiles
Infrastructure Development
Cotton Integrated Textile and Apparel Park
Focus Sectors
Chemicals and Petrochemicals
Engineering and Auto
Environment Technologies
Financial Services
Food and Agro
Gems and Jewellery
Green Energy
Healthcare
Knowledge Sector
Mines and Minerals
Oil and Gas
Pharmaceutical and Biotechnology
Ports, Ship-Building and Related Industries
Special Investment Regions (SIRs)
Textiles
Tourism
Urban Development
Water Conservation and Efficient Use
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