However, the share of Bihar in India’s total apparel exports was only 0.09 per cent, while earlier it was a mere 0.05 per cent, he noted.
Praising the Bihar Industrial Investment Promotion Policy (Textile and Leather Policy), 2022, Sekhri urged all industrialists participating in the conclave to explore investing in Bihar and make use of the facilitative policies and supportive business ecosystem.
The policy focuses on disbursement of subsidies and incentives on time and single window clearance, he was quoted as saying by a release by APEC, which organised the conclave.
Moreover, as the apparel industries in other Indian states employ a large number of skilled and semi-skilled migrant workers from Bihar, local availability of such workers will lead to saving costs in the manufacturing process, he observed.
Indian textiles minister Giriraj Singh urged the state government to come up with a revenue sharing model for a few centres and develop it to saturation focusing on one cluster at a time.
Fibre2Fashion News Desk (DS)