Textile experts endorse Gujarat as investment destination

He said, “The objective of the Textile Policy is to process each and every kilogram of cotton produced in the state and will not stop at spinning and weaving alone, but will extend to garmenting also, which has the potential to generate the maximum employment at a very low investment.  

“Gujarat will also set up industrial training institutes to ensure that industries do not run short of skilled manpower. Towards that end, it looked forward to a public-private partnership, under which spinners will be provided all help from the Industrial Training Institutes in the state.

“With its good infrastructure and ports, Gujarat was the ideal state for export activities at a minimum cost, since 33% of all exports were made from ports in Gujarat”, he added.  

He concluded by reminding the delegates that Gujarat is an electricity power surplus state and that subject to efficiencies and good management, the benefits provided under the Gujarat Textile Policy will far outweigh the investments made by the entrepreneurs, by the end of the concession period. 

Fibre2fashion News Desk - India