Now, Maharashtra woos Gujarat Inc. with textile policy

Maharashtra govt to provide 9% capital subsidy or up to Rs 9 crore, whichever is less for the infrastructure development in the proposed textile parks

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.

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