1. Endowed as the Indian Textile Industry is with multifaceted advantages, it shall be the policy of the Government to develop a strong and vibrant industry that can

• Produce cloth of good quality at acceptable prices to meet the growing needs of the people;
• Increasingly contribute to the provision of sustainable employment and the economic growth of the nation; and
• Compete with confidence for an increasing share of the global market.

OBJECTIVES

2. The objectives of the policy are to-

• Facilitate the Textile Industry to attain and sustain a pre-eminent global standing in the manufacture and export of clothing;
• Equip the Industry to withstand pressures of import penetration and maintain a dominant presence in the domestic market;
• Liberalise controls and regulations so that the different segments of the textile industry are enabled to perform in a greater competitive environment;
• Enable the industry to build world class state-of-the-art manufacturing capabilities in conformity with environmental standards, and for this purpose to encourage both Foreign Direct Investment as well as research and development in the sector;
• Develop a strong multi-fibre base with thrust of product upgradation and diversification;
• Sustain and strengthen the traditional knowledge, skills and capabilities of our weavers and craftspeople;
• Enrich human resource skills and capabilities, with special emphasis on those working in the decentralised sectors of the Industry; and for this purpose to revitalise the Institutional structure;
• Expand productive employment by enabling the growth of the industry, with particular effort directed to enhancing the benefits to the north east region;
• Make Information Technology (IT), an integral part of the entire value chain of textile production and thereby facilitate the industry to achieve international standards in terms of quality, design and marketing and;
• Involve and ensure the active co-operation and partnership of the State Governments, Financial Institutions, Entrepreneurs, Farmers and Non-Governmental Organisations in the fulfillment of these objectives.