New industrial policy may have special focus on Textile & leather sectors

摘要

The proposed industrial policy, currently being prepared by the commerce and industry ministry, may have Special provisions for manufacturing in the textile, leather sectors to leverage growth, and focus on spreading out export hubs, which are currently getting concentrated in a few states, across the country. It will also tie in existing government initiatives and serve as a focal point for various industry-wise policies. "It will absorb the 2011 national manufacturing policy and focus on technological issues of Industry 4.0, apart from furthering the government's push of the Digital India initiative," a senior Department of Industrial Policy and Promotion (DIPP) official said. While the government had floated an initial discussion paper on the proposed industrial policy in August 2017, it has not yet released a final draft of the policy in the public domain.