INDIAN TEXTILE POLICY 2000 -- THRUST AREAS

THRUST AREAS

In furtherance of the objectives, the strategic thrust will be on:

Technological upgradation
Enhancement of Productivity
Quality Consciousness
Strengthening of the raw material base
Product Diversification
Increase in exports and innovative marketing strategies
Financing arrangements
Maximising employment opportunities
Integrated Human Resource Development

IMPORTANT TARGETS AND OUTPUTS

The endeavour will be to -

Achieve the target of textile and apparel exports from the present level of US $ 11 billion to US $ 50 billion by 2010 of which the share of garments will be US $ 25 billion.
Implement vigorously, in a time bound manner, the Technology Upgradation Fund Scheme (TUFS) covering all manufacturing segments of the industry;
Achieve increase in cotton productivity by at least 50% and upgrade its quality to international standards, through effective implementation of the Technology Mission on Cotton;
Launch the Technology Mission on Jute to increase productivity and diversify the use of this environment-friendly fibre;
Assist the private sector to set up specialised financial arrangements to fund the diverse needs of the textile industry;
Set up a Venture Capital Fund for tapping knowledge based entrepreneurs of the industry;
Encourage the private sector to set up world class, environment-friendly, integrated textile complexes and textile processing units in different parts of the country;
De-reserve the Garment industry from the Small Scale Industry sector;
Strengthen and encourage the handloom industry to produce value added items and assist the industry to forge joint ventures to secure global markets;
Re-design and revamp, during the 10th Five Year Plan, the Schemes and Programmes initiated in the handloom, sericulture, handicrafts and jute sector to ensure better returns for those belonging to the disadvantaged categories, and the North East and other backward regions of the country;
Facilitate the growth and strengthen HRD Institutions including NIFT (National Institute of Fashion Technology)on innovative lines;
Review and revitalise the working of the TRAs (Textile Research Associations) to focus research on industry needs; and
Transform, rightsize and professionalise all field organisations under the Ministry of Textiles to enable them to play the role of facilitators of change and growth.