Home / Knowledge / News / Textiles / Vibrant Gujarat Summit to prove hotbed for investments in textiles

Vibrant Gujarat Summit to prove hotbed for investments in textiles

29
Nov '08
A biennial event, Vibrant Gujarat is to be organized by the Government of Gujarat, India in January 2009. Event is aimed at bringing together business leaders, investors, corporations, think-tanks, thought leaders, policy and opinion advocators. The summit serves as a perfect platform to understand and explore business opportunities in the state of Gujarat.

As a precedent of echoing success, Vibrant Gujarat is poised to attract several companies from Asia and Europe to establish their presence in Gujarat. For instance, in the 2003 Global Investors' Summit, a total of 76 MoUs worth US $14 billion were signed. Moving ahead to 2005, the summit saw signing of 226 MoUs garnering an investment of US $20 billion and the 2007 summit witnessed 675 MoUs worth a staggering US $152 billion being signed.

The government has planned aggressive initiatives in the year 2009 and would intensify its approach compared to what it started off six years ago. The state will be propelled in to the next stage of the development process with a focused approach along with intensive growth in the socio-economic index.

The textile industry contributes as much as 6 percent to the industrial production of the state and also has to its credit installations of over 40,000 multi-head embroidery machines in the world, in a single city; Surat in the last 3 years. It also accounts for 12 percent of all textile exports from the country and has a well developed infrastructure for the textile industry, consisting of 18 product clusters, 5 dedicated Special Economic Zones (SEZs) and six industrial parks.

It also goes to the credit of the state that there are manufacturing units spread across the whole value chain from cotton and fibres to garments. The opportunities for the future are many in the state; to name a few; modern energy efficient textile processing, garment manufacturing, technical textiles and innumerable prospects in collaborations for technology transfer and acquisitions.

The main event opens on January 12 and will run till January 13, 2009. Investors can expect to have one to one meetings from within and outside the industry with industry leaders, policy makers and foreign delegates.

Visitors will also get the opportunity to view a mega exhibition showcasing the strengths, potential and innovations from among industries in Gujarat like textiles, garments, pharmaceuticals, information technology and a host of other sectors. The seminar on “Textiles & Apparels Destination Gujarat for Competitive Textiles & Apparel Manufacturing” is scheduled on the second day of the summit; January 13 from 10.30 A.M to 1.30 P.M.

The discussions will be spread out on a host of topics with an eminent panel of speakers. The topics range from “Potential of Technical Textile” by Mr CK Wong, Chairman, U.S. Pacific Nonwovens Industry Ltd. Hong Kong to “An approach to become Competitive in Synthetic Textiles”, by Mr Sanjeev Saran, Chairman, The Synthetic & Rayon Textiles Export Promotion Council, Mumbai.


Must ReadView All

Pic: Shutterstock

Textiles | On 12th Aug 2020

Chinese textile companies' revenues decline in H1

Revenues of major Chinese textile companies with an annual turnover...

Pic: Shutterstock

Textiles | On 12th Aug 2020

Bangladesh's BEZA, Yabang Group sign land lease agreement

Bangladesh Economic Zones Authority (BEZA) recently signed a land...

Pic: BAIRD GROUP

Retail | On 12th Aug 2020

UK's Baird Group unveils CVA proposals

The Baird Group is the latest UK retailer to launch a company...

Interviews View All

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

P V Kadole,

P V Kadole

Nine co-operative organisations from Ichalkaranji came together to form an ...

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

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

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

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

Leave your Comments


August 2020

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


Advanced Search