November 22, 2024
Industry

SGCCI Calls for Policy Revisions In Textile Industry

Vijay Mewawala, President of The Southern Gujarat Chamber of Commerce and Industry (SGCCI), led a delegation on July 15th, to meet with key government officials, advocating for critical reforms in the textile sector. Accompanied by Union Minister for Jal Shakti, Shri C.R. Paatil, Mewawala engaged in discussions with Union Minister of Textiles, Giriraj Singh, addressing pressing issues hindering the industry’s growth.

Highlighting the urgency, Mewawala emphasized, “We urge the government to remove Quality Control Order (QCO) on specialty yarns not produced domestically and those crucial for reducing dependency on Chinese imports.”

Additionally, discussions included reviving the Amended Technology Upgradation Fund (ATUF) scheme and formulating a comprehensive new textile policy. “These initiatives are crucial to propel India’s textile sector to global prominence,” noted Mewawala.

Jitendra Vakharia, President of the South Gujarat Textile Processing Association, joined the Chamber President during the presentations, underlining collective industry support for the proposals.

In further proposals, Mewawala encouraged for reinstating schemes like Stand Up India, Power Tax, Group Workshed, SITP, IPDS, and Comprehensive Powerloom Development. “These schemes are essential to rejuvenate the sector and foster inclusive growth,” he added.

Addressing future incentives, Mewawala urged for reforms in the Production Linked Incentive (PLI-II) scheme. “The government should revise the incremental turnover provisions to enhance industry competitiveness,” he stated.

The delegation also met Prajakta Verma (IAS), Joint Secretary at the Ministry of Textiles, discussing collaborative strategies to address regulatory challenges and promote sustainable growth in the textile sector.

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