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Bengal eyes Rs 37,000-cr investment in textiles sector
Jun '15
The West Bengal government hopes to attract investment of Rs 37,000 crore through 10 textile clusters or parks under the integrated textile development project over the next three years, according to an agency report.

MSME Secretary Rajiva Sinha said that the project, on PPP model, will provide employment to 6-10 lakh people and incur a total investment of Rs 37,000 crore. The infrastructure, development and expenditure part of these projects will be about Rs 9,159 crore.

These parks, involving hosiery, readymade garments and knitting, will come up at Barasat, Bankura, Metiabruz, Uluberia and Salt Lake, among other places.

Most of the investments will be from private sector, the report said (SH).

Fibre2fashion News Desk – India

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