MoUs worth Rs. 8,835 crore inked in textile sector

New Delhi: MoUs worth Rs. 8,835 crore in textile sector were signed at 2017 Vibrant Gujarat Global Summit. Various segments included in MoUs are textile parks, textile processing, machinery, carpet development, etc. Indian Textiles Minister Smriti Zubin Irani also marked her presence in the ‘Make in Gujarat’ themed seminar on “Trends & Innovation impacting the Textile Value Chain”, at the Summit in Gandhinagar, Gujarat.

The Minister assured full support in the development of the textile value chain of Gujarat and to explore possibilities in technical textiles and research. “Given the entrepreneurial spirit of Gujaratis and the investment inflow, the textile story of Gujarat has just begun. With one of the largest concentrations of textiles in India, the state is a one-point sourcing hub for all kinds of textiles. Also, there are huge possibilities in textile education here,” she said.

It may be mentioned here that Gujarat manufactures 29 per cent of India’s total cotton production and the skill development programme in textile sector conducted at 28 ITIs of Gujarat running the textiles courses has recorded a placement figure of 75 per cent.

Jayesh Radadiya, Minister of Food, Civil Supplies and Consumer Affairs, Cottages Industry, Printing and Stationery, Government of Gujarat; Dr. Kavita Gupta, Textile Commissioner, Government of India; Shishir Jaipuria, Chairman, FICCI Textile Committee; Sunaina Tomar, Principal Secretary, Education Department, Government of Gujarat and other dignitaries were also present on the occasion.