gateway

Tuesday, 29 March 2022 16:11

Delhi government to develop Gandhi Nagar market

Rate this item
(0 votes)
  

Delhi government plans to develop the textile market in Gandhi Nagar and re-brand and reposition it as a major garment hub, says Manish Sisodia, Deputy Chief Minister. Presenting the Rs 75,800-crore budget in the Assembly for the financial year 2022-23, the state government praised the Gandhi Nagar market as ‘Asia's largest ready-made garment market.’ The daily turnover of this market is over Rs 100 crore and it generates one lakh direct and 2-3 lakh indirect employment opportunities, he informed.

The development of this market will involve legal recognition, infrastructure redevelopment, construction of new service centres and re-branding, marketing and re-positioning, he added. This project is expected to create 40,000 new employment opportunities in the next five years. The city government will also provide an online platform named Delhi Bazaar for local merchants to join and sell online

The Delhi Bazaar will enable customers from anywhere in the world to take a virtual tour of the iconic markets of Delhi such as Chandani Chowk, Sarojini Nagar and Karol Bagh. The market will be developed with an outlay of Rs 20 crore and benefit 10 lakh specific vendors in Delhi.