Tamil Nadu government announced a new integrated textile policy focusing on boosting investment in processing, weaving, and technical textiles. On Friday, sixteen textile associations met Chief Minister M.K. Stalin in Chennai to thank the government for key measures taken in the past four years. The policy includes 1.6% interest subvention on all spinning machines. It offers a 20% capital subsidy to modernize 1,000 looms as shuttleless looms and a 50% subsidy to upgrade 3,000 powerlooms to raiper shuttleless looms. Subsidies from 5% to 25% are available to set up worksheds for shuttleless looms in powerloom clusters. Textile processing units and treatment plants can get a 25% capital investment subsidy for new setups or modernization. Similarly, 25% subsidy applies to manufacturing units for non-conventional fibres and yarns. To promote technical textiles, ₹15 crore is allocated for growth and diversification, and ₹25 crore is set for research and business development in technical textiles and manmade fibre. Further, a 50% subsidy is provided for fully computerized cutting machines with CAD/CAM software. The government also removed the 1% market committee cess on seed cotton, cotton waste, and lint. The Cotton Corporation of India was advised to start depot sales in Tamil Nadu. The PM MITRA Park project launched in Virudhunagar along with more investment-friendly mini textile park schemes will support industry uplift. New initiatives include a sustainable cotton mission to boost cotton production and a viscose fibre production factory near Thoothukudi to strengthen the Viscose Staple Fibre value chain in the state.