FDI Cell to mobilise Rs 50cr per day, says Textiles Minister S Vaghela
27 Jan '06
3 min read
The Minister said that the higher production of cotton is an indicator as to how the Government wants to promote the interest of farmers involved in the Textile Sector.
The Minister was of the view that the FDI cell which the Textile Ministry wants to create to mobilize adequate resources so that huge foreign capital flows in India.
The GCCI President Rajendra V. Shah in his observations sought liberal assistance from the Government of India and the State of Gujarat towards Textile Sector.
He called upon to concentrate efforts towards improving infrastructure, removing power sector inefficiencies and customs procedures, introducing greater flexibility in labour market and encouraging production of technical textiles so that we are able to meet the Chinese challenge in the global market.
The other participants in the Conference included Shri Trilok R. Parikh, Vice President, Shri Bhavesh S. Lakhani, Hon. Secretary [ Rural] Shri K.D. Shah, Treasurer, GCCI, Dr. Y.A. Agrawal, Chairman, Textile Committee of GCCI, Shri Nayan C. Parikh, Chairman, Textile Committee, Govt.of India, Shri J.N. Singh, Textile Commissioner and other experts from the textile sector and Secretary General, ASSOCHAM.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
