Home / Knowledge / News / Textiles / Gujarat to be investor's paradise with new textile policy
Gujarat to be investor's paradise with new textile policy
28
Mar '09
The Government of Gujarat has recently introduced the industrial policy of 2009. From amongst the many sectoral policies introduced by the state, the textile policy has received very close attention from the state government.

Gujarat has always been in the forefront of industrial development in the state. In recently revealed figures, Gujarat has come out toppers across all states of India with a growth rate of 13 percent against a national growth of 9 percent in 2007-08.

Vibrant Gujarat 2009, which brought together business leaders, investors, corporations, thought leaders, policy and opinion makers on one platform concluded with 8,500 MOU's being signed for a mid boggling investment of US $241 billion.

The textile industry in Gujarat has its unique position as a self-reliant industry and is omnipresent across the whole value chain, from the production of raw materials to fabric and garment and is a major contributor to the economic growth of Gujarat.

Gujarat is a leading textile state in the country. The state contributes over 33 percent of mill-made fabric and 25 percent of power-loom fabric in the country and also accounts for about 21 percent of total employment in the industrial sector of the state.

Considering the huge potential in this sector, both in terms of investment and employment generation, Government of Gujarat intends to promote entire textile value chain from farm to fibre to fabric to fashion and foreign trade.

Keeping in this mind, under the new industrial policy for 2009, the state has come out with very favourable policy for investors to invest in the textile and garment industry in Gujarat, which also has the lowest labour strife's in the country.

Click here to read the complete textile policy 2009.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

September 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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

Yes No

Active Poll

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

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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

Yes No

Active Poll

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

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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

Active Poll

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

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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