H Square Advisors

Powering the future of textile manufacturing and processing with supported finances

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Weaving growth

Weaving growth with Gujarat Textile Policy 2024

The Gujarat Textile Policy 2024 is one of the most beneficial policy baked incentive offers from the government of Gujarat. It is fully operational and serves as the state’s key initiative to boost growth across the textile value chain. As of now, the incentives are running until September 30, 2029. It offers capital subsidies of 10%–35% of eligible investment. There are many more opportunities for the textile manufacturers, weavers and those involved with the industry with interest subsidy of 5%–7%, power tariff support of ₹1 per unit, and payroll assistance to encourage employment. It gives immense focus on empowerment for women workers. The policy also includes support for quality certification, energy and water conservation, and technology adoption. All these are aimed at strengthening the sector’s competitiveness.

In January 2026, the government approved amendments which has been done to extend benefits to women’s Self-Help Groups (SHGs) and non-polluting textile units within municipal areas. This new expansion has given access to incentives under the Textile Policy 2024.

These measures seek to attract investment, create jobs, and is ready to make Gujarat as a leading textile and technical textile hub.

Textile Policy

Support Under Gujarat’s Textile Policy 2024

The Gujarat Textile Policy 2024 is one of the most empowering steps taken by the government of Gujarat. It aims to support investment, employment, and sustainable growth across the state’s textile landscape. There is a through focused financial and operational incentive structure which you can apply with our assistance.

Key provisions include:

Benefits

Policy benefits

FAQs

FAQs

HSQUARE provides end-to-end advisory support; so, right from the documentation to approval, you can get the maximum advantage from the Gujarat Textile Policy 2024.

Yes, the policy will support both new units, expansion projects, and diversification, provided all the investments are within the eligible criteria

Yes, the incentives are available for energy efficiency, water conservation, environmental compliance. You can also be given the subsidies for, technology upgradation, and adoption of sustainable practices.

Eligible units can avail capital subsidy of 10%–35%. Then there is interest subsidy of 5%–7%, power tariff subsidy of ₹1 per unit and much more which can be best guided by H Squares.

The policy is particularly hopeful about bringing growth and financial freedom for women workers. You can get all the details and support on this from H square.

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H Square Advisors offers tailored solutions in finance, government subsidies, taxation, and more. We provide expert consultancy to help businesses thrive, ensuring they receive the support they need to grow.

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