State Signs Landmark MoU, Approves ₹271 Crore NIFT Campus to Boost Textile Ecosystem
Raipur/Mumbai, April 23 – In a transformative move for India’s textile sector the Chhattisgarh government has signed a strategic MoU with the Clothing Manufacturers Association of India (CMAI) to develop the state as a premier textile and apparel manufacturing hub. The agreement was announced during the FAB Show 2024 in Mumbai where CM Vishnu Deo Sai unveiled an ambitious roadmap for the sector.
Key Developments Under the Partnership
✅ CMAI Textile & Apparel Facilitation Centre in Raipur
✅ New NIFT Campus in Nava Raipur (₹271 crore investment)
✅ Focus on Kosa Silk: Leveraging Bastar/Surguja’s natural cocoon resources
✅ Logistics Boost: Cargo facilities at Raipur Airport + ₹48,000cr railway projects
✅ Policy Incentives:
- ₹252 crore subsidy on ₹100 crore investments
- Additional benefits for tribal-area units (Bastar/Surguja)
- MSME-friendly textile policies
Why Chhattisgarh? Competitive Advantages
🔹 Power & Water Surplus: 24/7 industrial supply
🔹 Central Location: Connected via Raipur-Visakhapatnam Expressway (port access)
🔹 Skilled Workforce: IIT/IIM/IIIT graduates + new ITIS textile courses
🔹 Heritage Textiles: Global potential for Kosa silk & handlooms
Leadership Vision
CM Vishnu Deo Sai:
*”From ‘ease of doing business’ to ‘speed of doing business’ – we’ve implemented 350+ reforms. Our textile policy is India’s most investor-friendly, linking rural employment with high-tech manufacturing.”*
CMAI Representative:
“Chhattisgarh’s infrastructure and policies make it ideal for scaling textile operations pan-India.”
Textile Sector Impact
👗 Employment: 50,000+ jobs expected in 5 years
📈 Economic Growth: Targets 15% share in India’s textile exports
🔄 Value Chain Development: From raw silk to branded apparel
🌍 Global Reach: Raipur air cargo to facilitate international shipments
Upcoming Infrastructure
- Textile Parks: Plug-and-play facilities for manufacturers
- Skill Centers: NIFT + ITIs for specialized training
- Rail & Road: Enhanced connectivity to ports/consumption hubs
Investor Call-to-Action
CM Sai invited national/international textile firms to leverage:
✔ 30% capital subsidy for large units
✔ Interest subvention for MSMEs
✔ Single-window clearances within 15 days
