India's West Bengal state to develop apparel hub in Nungi, Maheshtala
23 Jun 22 1 min read
The MSME department has adopted the develop-build-finance-operate-and-transfer (DBFOT) model for the hub, which will be operated by private parties.
The state government is going to select the interested private partner by this week. The neighbourhood of Nungi and in adjoining Metiabruz is known for its unorganised garments industry.
The government will set up 1,000 stalls that hawkers and roadside garment sellers in the neighbourhood can use, according to media reports from the state. There are also plans for setting up a mall inside the hub.
- Intertextile & Yarn Expo Shenzhen to showcase eco-friendly innovations
- Italian textile machinery manufacturers to explore Turkmenistan market
- US, EU interest rate hikes pose challenges for Asian textile exporters
- Japan sees 16.7% rise in clothing & textile imports in April 2024
- World Textile Sourcing adopts WFX ERP for digital transformation
- Bangladesh apparel export to Europe hit $2.963 bn in Jan-Apr 2024
“This new apparel hub will accommodate around 30,000 people and will create over 1 lakh jobs. The investment will be to the tune of several lakh crores,” said Rajesh Pandey, secretary of the MSME and textile department in the state.
The West Bengal Garment Manufacturers and Dealers Association (WBGMDA) welcomed the announcement.
Fibre2Fashion News Desk (DS)
Popular News
|
Bangladesh apparel export to Europe hit $2.963 bn in Jan-Apr 2024 |
|
South Indian cotton yarn prices stable with optimism for future demand |
|
US retailer Ross Stores posts net earnings of $488 mn in Q1 |
|
US cotton exports up 30% from last week: USDA |
|
US’ Dick's Sporting Goods’ net sales rise 6.2% to $3.02 bn in Q1 FY24 |
|
Surat’s rapier weavers to cut production by 80% to tackle weak demand |