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TEXPO Bengal to focus on attracting investments in the state

Along with the Bengal Global Business Summit (BGBS) to be held on January 8 and 9, 2016, Department of MSME and Textile, Government of West Bengal along with Indian Chamber of Commerce is organising TEXPO Bengal – an exposition and conference on textiles and clothing. The aim of this event is to attract investments in the state’s textile and apparel segment.

West Bengal has a long history and tradition in textiles. The sector provides both indirect and direct employment to a large number for people, with potential to be a major contributor in the India’s economic growth. The state has some unique strengths, which makes it ideal to become a clothing hub of the country. With TEXPO Bengal, the organisers would not only provide details about the textile parks being established in the state, but also about all the incentives available to make investments in the state’s textile industry.

Leading associations from across the country will be present as during the event. Leading textile industry experts are also invited to hold a discussion related to issues and challenges being faced by the industry and to develop policies to ensure better engagement with the industry.

The West Bengal government initiated a comprehensive textile policy in 2013 to promote investments in the state. In order to further the aim of making the state a clothing hub, the Integrated Textile Development Project (ITDP) was launched in 2015. The ITDP is expected to promote 11 textile parks around Kolkata City and provide a readymade platform for industry to develop and expand its potential.

BGBS is expected to announce new policies and investments in the state to promote industrial and infrastructure development. The event is an ideal platform for the industry and the government to showcase their strengths, highlight business opportunities, and facilitate knowledge dissemination.

www.westbengal.gov.in

www.tttextiles.com

 
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