The Ministry of Textiles sector on the second day of the first of its kind mega exhibition Textiles India 2017 as many as 65 MoUs were signed between various domestic and international organisations from the textile industry and government, an official said.
The MoUs were signed in presence of Union Textiles Minister Smriti Irani and Minister of State, Textiles, Ajay Tamta.
The MoUs signed relate to exchange of information and documentation, research and development, commercialization of handloom products and silk production, cooperation in geo-textiles, skill development and supply of cotton and trade promotion with overseas partners.
Among 65 MoUs signed, three were signed with Australia, Bangladesh and China.
Irani at a investors meet held at the event after signing the MoUs said that the current age is a golden era for development of textiles industry and they are hoping a large scale of investment.
Irani further said that here is a government which will there for redressal of grievances. The government is also willing to listen to the problems faced by the industry.
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