
India’s Rajasthan state cabinet recently cleared a comprehensive textile and apparel policy, a data centre policy and a logistics policy. The textile and apparel policy is expected to attract an investment of nearly ₹40,000 crore.
The target is to transform the state into a global manufacturing hub, particularly in textiles, by fostering sustainable growth and enhancing local textile producers' competitiveness on the global stage, according to media reports from the state.
These initiatives aim to enhance education, employment and industrial growth, making the state a hub for manufacturing, particularly in textiles, by fostering sustainable growth.
State parliamentary affairs minister Jogaram Patel said the policies were essential to implement the memoranda of understanding signed during the ‘Rising Rajasthan Global Investment Summit'.
The logistics policy is expected improve infrastructure and attract private investment to the sector. Up to 10 per cent of allocatable land in upcoming RIICO industrial areas will be reserved for logistics facilities.
Fibre2Fashion News Desk (DS)