The union textile minister, Smriti Irani, inaugurated B2B textile machinery exhibition, Surat International Textile Expo (SITEX), organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI) on 9, January, 2021, held in Surat.
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SGCCI in order to accelerate the production and export of technical textiles in Surat recently submitted the expression of interest (EOI) for setting up of the Export Promotion Council (EPC) for technical textiles.
The Southern Gujarat Chamber of Commerce and Industry (SGCCI) is all set to develop first-of-its-kind mega textile park on 70 lakh sq m of land owned by the state government at Pinjrat in Olpad taluka of Surat district, Gujarat with an initial investment of Rs 1,500 crore.
The Southern Gujarat Chamber of Commerce and Industry (SGCCI) will sign a memorandum of understanding (MoU) with the Gujarat Government for the development of Rs 1,800 crore worth of mega textile park at Pinjrat during the Vibrant Gujarat summit.
Surat polyester fabrics, saris and dress materials will be on the shelves of Bangladesh consumers if the SGCCI’s plan to set up an extension office at Dhaka with the assistance of FBCCI brings good results.
The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has proposed to set up a Rs 800 crore state-of-the art textile processing cluster housing about 100 dyeing and printing mills in Surat district and has approached the central government for 50 per cent funding. The total project cost for the cluster is pegged at Rs 800 crore. The SGCCI is eyeing 50 per cent grant from the Central Government and 25 per cent each from the State Government and the industry, according to a newspaper report.