Home / Knowledge / News / Textiles / Gujarat to get two centres of excellence for textiles
Gujarat to get two centres of excellence for textiles
10
Feb '12
Gujarat, the State that produces largest amount of cotton in India, will get two new centres of excellence dedicated to the State's textile industry.

The two centres will focus on entrepreneurship and research and development and will be set up by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) in Ahmedabad and Rajkot cities by 2013.

ASSOCHAM Chairperson Bhagyesh Soneji informed that they are looking forward to obtain approvals for the project in this fiscal, and are expecting to come up with the centres within a year.

While Ahmedabad houses about 250 big fabric processing houses, Rajkot enjoys the advantage of being located in the middle of a cotton producing region.

The ASSOCHAM Chairperson said Gujarat, which contributes 30 percent of the country's woven fabric and represents one-fourth of decentralized powerloom industry, needs to revamp and upgrade its textile and clothing industry.

ASSOCHAM believes that centres of excellence could help the textile industry to concentrate on technical textiles, a fast emerging segment of the textile industry.

Last year, ASSOCHAM signed a memorandum of understanding (MoU) with the Gujarat government to set up a centre of excellence dedicated to the State's textile industry.

Ms. Soneji informed that they intend to develop international links with countries like China, UK, Germany, Italy, Australia and Taiwan. Such linkages would prove helpful to domestic textile entrepreneurs to avail global textile technology and talent.

While unveiling a study titled “Textile industry in India-current status and the way forward”, ASSOCHAM Secretary General, DS Rawat, said textile enterprises should hugely invest in research and development activities to evolve new products, cut average production costs and to develop their raw material base.

The study discusses the need for India to make a transition from being a lower-end market to value-for-money market, particularly when the modern textile industry is transforming towards technical textiles.

According to the trade body, the technical textile industry is certain to achieve an 11 percent year-on-year growth to become a Rs. 740 billion industry from the current Rs. 500 billion. Technical textiles has less than 10 percent share in the Rs. 2,750 billion worth of Indian textile industry.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X