Vibrant Gujarat 2017: MoUs worth Rs 8,835 crore signed in textile sector
13 Jan 2017
The 2017 edition of Vibrant Gujarat Global Summit witnessed the signing of MoUs worth Rs8,835 crore in the textile sector, including sectors such as textile parks, textile processing, machinery, carpet development, etc.
Speaking at a seminar on `Trends and Innovation Impacting the Textile Value Chain', at Vibrant Gujarat Summit in Gandhinagar, Gujarat on Thursday union minister of textiles, Smriti Zubin Irani said Gujarat accounts for 29 per cent 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.
Irani said that given the entrepreneurial spirit of Gujaratis and the investment inflow, the textile story of Gujarat has just begun, also opening up huge possibilities in textile education in Gujarat.
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. The minister also said that there are huge possibilities in textile education in Gujarat. She said that the skill development programme in textile sector conducted at 28 ITIs of Gujarat running the textiles courses has recorded a placement figure of 75 per cent.
The minister said that two major institutes of Gujarat, namely, NIFT and NID, and various engineering colleges offer degrees in textile technology, textile processing and textile engineering.