Gujarat to become textile hub in 5 years: Saurabh Patel
Gujarat, through its focused policy on textile industry, will emerge as the country´s textile hub in the next five years offering business and employment opportunity, Saurabh Patel State Finance Minister said.
Gujarat, through its focused policy on textile industry, will emerge as the country-Æs textile hub in the next five years offering business and employment opportunity, Saurabh Patel State Finance Minister said.
Holding the Congress responsible for the plight of Gujarat´s textile industry, Patel said, ´Textile industry had earned the city of Ahmedabad a name of ´Manchester of the East´ in the pre-independence era. But because of the wrong policies of the Congress this industry has died down.´
Patel further maintained that the State Government has set a target to increase the share of manufacturing sector in the Gross State Domestic Product (GSDP) from 16 per cent at present to 32 per cent in next 5-7 years.
´The State Government will provide subsidies and incentives,´ he said during the inaugural address at the Indian International Fabric Expo 2014 organised by the Powerloom Development and Export Promotion Council.
