Textile Industry Round Up (02/02/15 to 07/02/15)

Published on February 9, 2015

India is one of the leading exporters of Textile across the world. Again the Indian textile has the unique combination of fabric with extreme popular thread work which has garnered its demand across the world. With growth of economy the fabric and textile are such sectors which can bring huge investment in the country. The government need to encourage its textiles and unique work which has remained in demand in past.

Indian government is emphasizing on building of textile parks across the country. Mega textile cluster is likely to be set up in Mysore. This will not only provide employment opportunities to its locals but will also rejuvenate the silk of Mysore. Many such plans and investments are being carried out in other states as well. Government is focusing on establishment of textile hubs which will offer spinning, weaving, designing and processing units in order to cut down cost and time. This will encourage the local business and will also rejuvwenate the cultural values and ethics associated with this business.


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