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operational
Indian textile mills closed as on June end this year, 232 were in Tamil Nadu, 85 in Maharashtra,
60 in Uttar Pradesh and 42 in Haryana. Among the 1,399 operational textile mills, 752 were in
Tamil Nadu, followed by 135 in Maharashtra and 112 in Andhra Pradesh, textiles minister Smriti
Irani informed the lower house of parliament recently.
Noting that the textile industry has attracted the highest foreign direct investment under the
present government, she said the goods and services tax (GST) and labour reforms welcomed by
the industry, according to a news agency report.
On new schemes initiated by the government to set up textile mills, the minister said under the
Amended Technology Upgradation Fund Scheme (ATUFS) launched in 2016, a one-time capital
subsidy of 15 per cent for the garments and technical textiles segments offered with a cap of Rs
30 crore.
A 10 per cent capital subsidy also offered for segments like weaving, processing, jute, silk and
handloom with a subsidy cap of Rs 20 crore for setting up new textile units or for expansion of
existing units with benchmarked technology.
http://www.fibre2fashion.com/news/textile-news/irani-says-682-textiles-mills-closed-1-399-
operational-207368-newsdetails.htm