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India Plans to Set Up 15 More Textile Parks

India Plans to Set Up 15 More Textile Parks

According to The Hindu, the Union Ministry of Textiles plans to set up a minimum of 15 textile parks across the country, and Santhosh Kumar Gangwar, Minister of State (Independent charge), has asked state governments to send their proposals for setting these up. Noting that there was plenty of scope in the technical textile industry all over the country, the government has allotted $74 million (400 crore) for the developing of this sector in the north east region of the country.

“We can do more in this field. We are asking every state government to participate in the textile park bids,” the minister said.

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