MoUs worth Rs 8,835 signed at Vibrant Gujarat Summit in textile sector

YarnsandFibers News Bureau 2017-01-13 10:00:00 – New Delhi

The Textile Ministry during a seminar at the Vibrant Gujarat Summit witnessed signing of MoUs worth Rs8,835 crore in textile sector. The pacts have been signed in various segments such as textile parks, textile processing, machinery and carpet development.

Union Textiles Minister Smriti Irani addressing the 'Make in Gujarat' theme seminar on Trends and Innovation impacting the Textile Value Chain, at Vibrant Gujarat Global Summit in Gandhinagar said that with one of the largest concentrations of textiles in India, Gujarat is a one-point sourcing hub for all kinds of textiles and that there are huge possibilities in textile education in Gujarat.

She further added that the skill development programme in textile sector conducted at 28 ITIs of Gujarat running textiles courses has recorded a placement of 75 percent.

The two major institutes of Gujarat, namely NIFT and NID, and various engineering colleges offer degrees in textile technology, textile processing and textile engineering.

Irani said that Gujarat produces 29 percent of India's total cotton production, which indicates the trust of textile industries in the prospects of the state.

Irani assured the support of her ministry for the development of the textile value chain of Gujarat and to explore possibilities in technical textiles and research.

According to Textile Ministry, given the entrepreneurial spirit of Gujaratis and the investment inflow, the textile story of Gujarat has just begun.

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