India is likely to unveil a plan to establish a massive textile park aimed at positioning the country as a fully integrated, globally competitive manufacturing and export hub. <\/p>\n
The Ministry of Finance and the Ministry of Textiles are discussing the plan, which provides more incentives to investors and developers in the park. An official said: We have forwarded the plan to the finance ministry and if adopted, the plan will benefit the Indian textile industry. <\/p>\n
Finance Minister NirmasdfssdfslasdfssdfsSithasdfssdfsrasdfssdfsmasdfssdfsn will announce the 2021\/11 budget on February 1. <\/p>\n
The Ministry of Textiles has proposed the development of seven giant integrated textile and apparel (MITRA) parks as part of a plan to double the scale of the industry by 2025\/26, equivalent to approximately 3,000 One hundred million U.S. dollars. <\/p>\n
The goal of the textile park is to have uninterrupted water and power supplies, public utilities and R&D laboratories. <\/p<\/p>\n","protected":false},"excerpt":{"rendered":"
India is likely to unveil a plan to establish a massive textile park aimed at positioning the country as a fully integrated, globally competitive manufacturing and export hub. The …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[46],"class_list":["post-4261","post","type-post","status-publish","format-standard","hentry","category-textile-fabric-news","tag-db"],"_links":{"self":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/4261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4261"}],"version-history":[{"count":0,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/4261\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}