After Gujarat recently unveiled its new textile policy, the state has a competition from its neighbour. Through a series of road shows, Maharashtra is wooing the industry with its new textile policy 2011-2017.
Inviting the industry in Gujarat to invest in the state, a high level delegation from the Government of Maharashtra headed by Mohammed Arif (Naseem) Khan, minister of textiles on Monday visited Ahmedabad.
Rolling out the red carpet to the textile sector of Gujarat to invest in Maharashtra, the delegation - comprising of Rajagopal Devara, secretary - cooperation and textiles, GoM; N NawinSona, director - textiles, GoM and Dilip Gawade, deputy CEO, MIDC, GoM, among others laid out the salient features and specific benefits of the New Textile Policy of Maharashtra 2011–2017.
"The businessmen from Gujarat would also be invited to invest in the proposed textile parks coming up in Maharashtra. The Maharashtra government will provide 9% capital subsidy or up to Rs 9 crore, whichever is less for the infrastructure development in the proposed textile parks," Khan said.
...ends
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
