Rajasthan is the India’s biggest producer of polyester viscose yarn, polyester viscose suiting, synthetic suiting material and wool.
Bhilwara is a renowned centre for textiles in India with Jaipur, Pali and Balotra as other developed textiles and apparel hubs.
The state is also a significant producer and exporter of traditional textiles such as Bandhani, Leheriya and Kota Doria. Textile and apparel export from the state in FY 2019-20 was INR 61.65 billion.
RIICO’s Textile Parks at Ajmer, Kishangarh, Pali and Jaipur offer excellent infrastructure to manufacturers in the sector. A Mega Integrated Textile Park is also proposed at Kakani in Jodhpur.
Avenues for Investment
- Knitting and Weaving Units
- Textile and Apparel Export
- Textile Testing Facility
- Knitwear
- AgroTech
- ProTech
- GeoTech
Investment Incentives
Rajasthan Investment Promotion Scheme (RIPS) 2019
- An attractive package of general financial incentives (Exemption and subsidies) is available for investors under RIPS 2019.
Additional Incentives (For investment equal to or above INR 2.5 million)
- Capital Subsidy: 20% on ZLD ETP against amount paid to suppliers for the plant (excluding civil work) maximum of INR 20 million.
- Relaxation from requirement of land use conversion and from ceiling limit
- Either of the following:
- Interest Subsidy on term loan for investment in plant and machinery as specified under the TUF Scheme of Government of India, for a period of 5 years:
- 5%
- 6% for enterprise making investment more than INR 250 million, or
- 7% for Apparel Sector and enterprises manufacturing Technical Textiles, Khadi & Handloom OR Ÿ Capital Subsidy: 25% maximum of INR 5 million for making investment in plant and machinery
OR - Interest Subsidy on term loan for investment in plant and machinery as specified under the TUF Scheme of Government of India, for a period of 5 years:
- Capital Subsidy: 25% maximum of INR 5 million for making investment in plant and machinery
