 "Gujarat expects textile policy extension to attract Rs 5,000 cr")
The Gujarat government's decision to extend its textile policy by a year is set, it believes, to attract Rs 5,000 crore of more investment in sectors across the value chain.
Implemented in 2013, the policy has attracted around Rs 20,000 crore of investment in four years and created 2.5 million jobs, half to rural women, says the government. Th year's extension was announced early this month.
The government estimates addition till now of a million units of spindle capacity in the spinning sector and setting up of over 1,000 units in technical textiles.
"There has been shifting of units from Tamil Nadu, Telangana
