Overview
Government of Jharkhand (GoJ) aims to promote and develop a robust textile and apparel & Footwear industry that provides sustainable employment to weavers and posits Jharkhand as a destination of choice to global textile majors. The policy aims to modernize textile manufacturing and improve productivity in order to ensure availability of quality fabric at affordable prices to cater to domestic and international demand.
Vision:
(a) To establish the textile and garment industry of Jharkhand, as a producer of internationally competitive value added products thereby maintaining dominant presence in the growing domestic and international market and contributing to the sustainable employment and economic growth of the State
(b) To reinforce the value chain of the textile industry across the State through capital infusion, technology
transfer, skill up-gradation and handholding
Objectives:
- To achieve higher and sustainable growth in the entire textile value chain from fibre to finished products, with emphasis on balanced regional development:
- strengthening and enhancing capacity of all the essential value chain activities such as Spinning, Weaving (Handloom and Powerloom) including pre loom activities, Knitting, Processing, Garmenting, Technical Textiles and other supporting ancillary activities including Textile Machinery Manufacturing
- Promoting well- being of the cooperative sector spinning mills
- Supporting and strengthening the power loom sector in order to modernize production technologies, enabling supply of good quality fabrics in the required quantum
- Making Information Technology (IT) an integral part of the entire value chain of textile production and thereby facilitate the industry to achieve international standards in terms of quality, design and marketing
- To equip the Industry to withstand pressures of import penetration and maintain a dominant presence in the domestic market
- To liberalise controls and regulations so that the different segments of the textile industry are enabled to perform in a greater competitive environment
- To facilitate emerging Technical Textiles in critical areas such as production, technology and research and development. The Policy will encourage integrated development in the sector aiming to sustainability of the textile units in the State
- To support the industry with skilled human resource and to create at least 5 lakhs new employment opportunities in the State under the Policy period:
- Strengthening the process of bridging the skills gap by providing better institutional linkages, creating a good pool of trainers by conducting Training of Trainers and the Assessment and Certification process to ensure the quality of training program
- Infrastructure development to make Units globally competitive and meet the export compliance through Cluster based Textile Parks, Mega Projects and CETPs etc.
Fiscal Incentives
§20% Capital Subsidy with Upper Cap of INR 50 Cr
§7% p.a. Interest Subsidy or 50% of interest per annum with Max. cap of INR 1 Cr for 7 year
§Employment Generation Subsidy: 5000/month/worker for 7 year, For ST/ST (Men/Women) INR 6000/month/worker.
§Reimbursement of INR 1000/person/month for 5 Year on ESI/EPF Contribution
§INR 13000 one time (per worker) for training/skill development
§Land: 50% rebate on land cost that will be paid during 5 year in 10 equal installment
