Assam invites textile firms to invest in state

08 Jul '20

1 min read

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The Assam government recently invited textile companies to invest in the state, promising them customised support to their ventures.

Participating in the 'Exclusive Investment Forum' webinar organised recently by the Indian textiles ministry in collaboration with Invest India, state industry and commerce minister Chandra Mohan Patowary said the state's robust infrastructure makes it an ideal investment destination for textile and apparel firms.

"As per the fourth All India Handloom Census, Assam has the highest number of looms and weavers in India. With 10.9 lakh weaver households and 10.19 lakh looms, the cottage industry provides huge employment opportunities to the people. The state has a textile park and is contemplating to set up another such park," he was quoted as saying by a news agency.

Apart from Assam, representatives of Gujarat, Maharashtra, Madhya Pradesh and Telangana participated in the webinar.

The webinar was chaired by minister for textiles Smriti Irani. Assam produces 4,650 tonnes of Eri silk, 156.96 tonnes of Muga silk and 59.50 tonnes of mulberry every year.

Fibre2Fashion News Desk (DS)

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