According to M. K. Stalin, the Chief Minister of Tamilnadu, a design and incubator center for the textile industry is currently being planned.
Chief Minister Stalin said that the Tamil Nadu government was planning to establish a design and incubation center for the textile sector in Chennai at a cost of 10 crore, and a handloom museum in Mamallapuram at a cost of 30 crore.
He mentioned that efforts were underway to create a textile city in Chennai and to draft a new integrated textile policy during his speech, which was delivered virtually at the CII International Conference on Technical Textiles.
He highlighted that the Tamil Nadu government had taken a number of initiatives to advance the textile industry in the state, including the acquisition of land for the construction of a 1,500-acre mega textile park at Kumaralingapuram in the Virudhunagar district.
Senior officials, including Minister for Textiles R. Gandhi, Minister for MSMEs T.M. Anbarasan, and Minister for Industries Thangam Thennarasu, were present.
According to the Chief Minister of Tamil Nadu, the Tamil Nadu government is moving forward with plans to build a handloom museum in Mamallapuram at a cost of 30 crore and a design and incubation center for the textile industry in Chennai at a cost of 10 crore.
The Tamil Nadu government unveiled a new integrated textile policy on Wednesday to achieve higher and more sustainable growth in the textile value chain, from fiber to fashion, with a focus on balanced regional development, after 20 years.
With a strong network of all the textile industry's sub-sectors, the state produces textiles at a rate of 19% of the national average.
After agriculture, it is the largest economic activity, directly employing about 31 lakh people and generating exports worth more than Rs 50,000 crore. The minister for handlooms and textiles, O. S. Manian stated that the new policy is aimed at attracting youth and providing a range of subsidies to support the sector and make it more vibrant. To meet the demands of the domestic and export sectors, significant emphasis has been placed on handlooms, power looms, spinning, and processing to produce yarn, textiles, and apparel that is both affordable and of high quality.
Thrust area
Stalin praised the development of the textile industry and its contribution to exports, noting that the technical textile sector had been added to the list of "Thrust sectors" and that the state government was giving textile entrepreneurs subsidy support of Rs. 1.5 crore.
The State Government is also creating "Export Hubs" in Karur, Tiruppur, and Kancheepuram to boost the textile exports of the state, which currently make up 12% of all textile exports from India. He continued that the textile industry in Tamil Nadu is a front-runner in adopting new technologies and produces a variety of garment types to serve the global markets.
Thangam Thennarasu, the state's minister of industries, noted that the government's designation of the textile industry as a “sunrise sector” has resulted in an increase in investments from both domestic and foreign businesses, which is very encouraging. He also stated that Tamil Nadu has risen to third place in terms of attracting foreign investments and exports.