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UP to get new textile policy in June drawing an investment of Rs 1,000 cr in 5 years

Updated: Apr 18, 2022 07:40:55am
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UP to get new textile policy in June drawing an investment of Rs 1,000 cr in 5 years

Lucknow, April 18 (KNN) The Uttar Pradesh Government will implement its new Textile Policy 2022 in June attracting an investment of Rs 1,000 crore in the next five years.

Significant focus has been laid on helping the weavers in consultation with experts.

To promote power loom from solar energy, about 500 such power looms will be made operational and 100 handloom weavers will be benefitted by the Handlooms and Textiles department every year.

Chief Minister Yogi Adityanath has directed the department officials to ensure that benefits of the new policy are extended as part of the promotion of this new scheme to be implemented by the department in the state in June.

The state government has pressed on weavers availing the direct benefits of the scheme in the next five years.

The government plans to connect weavers with new technology and schemes so that they may easily keep pace with technology while doing their work faster.

The process of setting up about 115 export-oriented textile industries with an investment of Rs 3,000 crore would be started by June and the foundation stone of this scheme will be laid in July and the commercial production will start by September 2025. (KNN Bureau)

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