Welspun is expecting a proposal from Government to support textile exports wherein the interest rates for textile exporters would be capped at 7 per cent as it will significantly reduce the interest payment burden of textile exporter and attract more investments. Additionally, Welspun proposes that Textile Ministry should devise a policy for developing multi-skilled institutes through Public Private Partnership (PPP). Current scheme for skill development devised by Textile Ministry does not give compensation of expenditure on Infrastructure for training institutes, which should be given in the future. Training Syllabus should be made common across the country which will make beneficiary employable across the country.
