Jharkhand is one of the most competitive and investment-ready state in the country. While the state unparalleled reserve of mineral resources and established industries makes it a key contributor to the Make In India mission, the services sector too has kept up the pace.
Gov. of India Gov. of Jharkhand

Textile Park

Textile Park

The textile sector makes a significant contribution to the Indian economy: 2% to the GDP, 12% to export earnings, 7% to industrial production and employs 4.5 crore people directly and higher numbers indirectly.

Jharkhand Government had announced the Textile and Apparel Policy, 2016 to strengthen the entire value-chain of the textile industry through capital infusion, technology transfer, skill up gradation and handholding. The policy was appreciated by all the stakeholders and empirical evidence of its outcome has been overwhelming. Since the inception of policy in 2016, 11 units have started operations, more than 40 units have shown interest and still receiving an encouraging response. The textile industry has led to employment generation largely among women leading to a reduction in distress migration and human trafficking.

Textile Park

Jharkhand is being developed as a textile hub. There has been phenomenal growth in Sericulture Sector and the state has the highest production of Tasar silk in India. Jharkhand primarily exports Tasar silk to the US, the UK, Germany, France, Turkey, Japan, Australia, Sweden and Switzerland. In addition to silk weaving, the State has taken adequate measures for the revival of cotton wool weaving.

The Government of Jharkhand is committed to upgrade the facilities in Industrial Training Institutes for apparel production. An autonomous institute of quality apparel training will be set up on its own or in joint venture/collaboration with multiple agencies/institutes. Financial assistance will be extended to Jharcraft and /or any reputed organization/institute which has run and managed such an institution in the state.

Networking of training institutions will be done by the Directorate of Handloom and Sericulture and a detailed database will be maintained. The Government intends to notify all Textile and Apparel Parks as Public Utility Services

Opportunities:

  • Abundant raw material and silk
  • Jharcraft – renowned brand in India
  • For development tassar silk, training centers being setup in collaboration with NIFT, Kolkata.
  • Presence of good number of quality handloom weavers and looms.
  • Adequate skilled man power reasonably priced.

Jharkhand Textile, Apparel and Footwear Policy 2016:

  • Capital Incentive Subsidy (CIS) of 20% with an upper cap of Rs 50 Cr
  • Interest Subsidy @7% per annum or 50% of Interest rate per annum
  • Incentive on SGST 100% NET SGST for 7 years 40% next 3 years
  • Stamp duty and registration fee 100% reimbursement
  • Employment generation subsidy of Rs. 5,000 per month per worker for 7 years for capacity building of workers. For SC/ST/Women, this subsidy will be Rs 6,000 per month per worker for 7 years
  • Quality Certification @ 50% of the expenditure incurred up to maximum of Rs. 10.00 lakh.
  • Patent Registration 50% of the expenditure incurred, up to a maximum of Rs. 10 lakh
  • Cluster Development 15% of the grant released by Government of India shall be offered by states.
  • Power Tariff reimbursement of 50% of power tariff for 7 years
  • Skill Development One-time support of Rs. 13,000

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