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Gujarat government to set up two mega textile parks in state

  

To make the industry more competitive on a global level, the Gujarat government plans to set up two mega textile parks in the state. And as Chintan Thaker, Co-Chairman, Assocham says besides boosting exports, these parks will also help more employment at the back-end. Thaker said, a single cluster will help bring in more investments and give an impetus to MSMEs in the textile sector. It will help ancillary units in a big way. Moreover, the plug-and-play model for the park will aid employment generation and give an ecosystem to exporters and domestic manufacturers.

Industry stakeholders feel, the state government’s subsidy outlay of Rs 1,500 crore to industries under the textile policy will boost competitiveness of domestic manufacturers. Vijay Purohit, President, Gujarat Garment Manufacturers’ Association (GGMA) points out, a cluster approach will bring in more investments in the sector besides building an entire textile value chain. This will help the industry grow, scale-up and innovate while being more competitive.

 
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