India'S National Fiber Policy Has Entered The Final Stage, And Will Promote The Development Of The Textile Industry.

A senior government official revealed today that the national fiber policy of India has entered the final stage of closure, and that the fiber policy will promote textile. industry Development.

Anupam Barik, President of India Cotton Council, said at a conference that the national fiber policy of the government has entered the stage of subsequent closure. The national fiber policy will promote the development of the textile industry.

This is a long-awaited policy that will eliminate the different tax rates of various fibers. Price Therefore, those seeking unified tax rates have long looked forward to the introduction of the national fiber policy.

The purpose of this policy is to increase the output of natural fibers, such as cotton, wool and silk. jute And artificial fibers.

Barik pointed out that the national cotton production is expected to increase, and the output target for 2019-20 years is 48 million 300 thousand packs. Cotton consumption is estimated to be 43 million packages, so India's cotton output is greater than consumption.

India is the second largest cotton producing country in the world. In the 2010-11 year, India cotton production is expected to record a record of 32 million 500 thousand bags. The reason is that the planting area is expanding and the weather is very good.

The government of India also plans to promote the production of organic cotton and specialty cotton by adopting the latest technology.