No
doubt 15% export revenue of India is derived from textile industries; the Textile
Minister Santosh Kumar Gangwar gave recognition to Northeast textile industrial
state’s contribution in leveraging its growth like Nagaland, Mizoram and
Tripura.
Seven
states of Northeast’s main economic backbone is handicraft sector where textile
sector is doing a booming business due to extraordinary stuff productivity.
Apart from large scale productivity the export quality textile materials from
Northeast are comparatively expensive to rest in India.
According
to the Textile Minister Santosh Ministry there was dramatic 22% profit from handicraft
and wear items with 8% increase in textile exports.
Promised
greater job opportunity in this lane of business with soon implementation of
seven years package plan worth Rs.17,822 crores under Amended Technology Upgradation
Fund Scheme (ATUFS) by the Minister.
Investment
will be made on Northeast’s well structured textile industries according to
Gangwar. The textile Minister even emphasized on the extension of apparel and
garment units in crucial business driven zones of northeast after successful
launch in Nagaland, Mizoram and Tripura.
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