Browsing: Gujarat

As the centre has announced new rates under the Rebate on Duties and Taxes on Export Products (RoDTEP), the textile exporters are expecting that the order volumes will experience a boost.

Gujarat has performed remarkably well, achieving an 18 per cent growth over the past decade since 2004, through policy support from both the Centre and State government.

Gujarat’s textile policy, announced in 2012, has so far attracted investment commitment worth Rs 9,208 crore through various sectors such as weaving, made-ups, processing, spinning, ginning and technical textiles. The plan is to attract Rs 20,000 crore investment and 2.5 million new jobs by 2017.

Workers of over 3.5 lakh powerloom machines in industrial areas of Ved Road, Katargam, Varachha, Jholva, Laskana, Varachha, Bhestan, ?and ?Bamroli ? in Gujarat