HomeNewsTrendsCurrent AffairsVibrant Guj Summit: Rs 8,835 cr MoUs signed in textile sector

Vibrant Guj Summit: Rs 8,835 cr MoUs signed in textile sector

Government today said MoUs worth Rs 8,835 crore in textile sector were signed during a seminar at the Vibrant Gujarat Summit.

January 12, 2017 / 22:01 IST
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Government today said MoUs worth Rs 8,835 crore in textile sector were signed during a seminar at the Vibrant Gujarat Summit.

The pacts have been signed in various segments such as textile parks, textile processing, machinery and carpet development, a Textiles Ministry statement said.

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Union Textiles Minister Smriti Irani said given the entrepreneurial spirit of Gujaratis and the investment inflow, the textile story of Gujarat has just begun.

Irani said 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. The minister also said that there are huge possibilities in textile education in Gujarat.