Govt weighs viability of comprehensive scheme for knitwear

The textiles ministry today said it is examining the feasibility of formulating a comprehensive scheme for the country's knitwear sector, which is grappling with financial stress due to lack of automation leading to lower productivity.
"The feasibility of formulating a comprehensive scheme for the development and support of knitting and knitwear clusters in the country is under examination," Minister of State for Textiles Ajay Tamta said in a written reply to the Lok Sabha.
In May, Union Textiles Minister Smriti Irani had said the government plans to unveil a "big package for the knitwear industry, which is facing several challenges, in the next one month or so".
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First Published: Jul 20 2017 | 3:57 PM IST
