Gujarat textile sector gets MoUs worth Rs. 8,835 crore signed during Vibrant Gujarat Summit 2017

Ahmedabad: Union Textiles Minister Smriti Zubin Irani said that given the entrepreneurial spirit of Gujaratis and the investment inflow, the textile story of Gujarat has just begun. She said that as an area with one of the largest concentrations of textiles in India, Gujarat is a one-point sourcing hub for all kinds of textiles. She was addressing the ‘Make in Gujarat’ theme seminar on “Trends and Innovation Impacting the Textile Value Chain”, at Vibrant Gujarat Global Summit in Gandhinagar, Gujarat on Thursday.

The minister witnessed signing of memorandum of understandings (MoUs) worth Rs. 8,835 crore in textile sector during the seminar.  MoUs have been signed in different sectors such as textile parks, textile processing, machinery, carpet development and others. Gujarat produces 29% of India’s total cotton production; she said this indicates the trust of textile industries in the prospects of the state.   Irani assured the support of her Ministry to the development of the textile value chain of Gujarat and to explore possibilities in technical textiles and research.

Jayesh Radadiya, Minister of Food, Civil Supplies and Consumer Affairs, Cottages Industry, Printing and Stationery, Government of Gujarat; Dr. Kavita Gupta, Textile Commissioner, Government of India and other dignitaries were also present on the occasion.