West Bengal, For Investment In Textile Sector

West Bengal, For Investment In Textile Sector

‘Texpro Bengal’, a part of the “Bengal Global Business Summit” concluded in Kolkata last week and projecting West Bengal as a promising destination for investment in textiles and clothing sector.

Attended by several industry leaders and experts, the two-day summit discussed on several initiatives taken by the state government to assist the industry in a ‘every possible way’. Those included launching of 13 textile parks in different parts of the state under the Integrated Textile Development Project. Besides, it would offer industry land, infrastructure, single window clearance, environment complaint infra and host of subsidies (capital, land, stampduty, labour, Power, etc.) under the Bengal Textile Policy 2013.

Participants in the discussion appreciated the development taking place in the state to attract investors. They felt that the state has all the ‘right things’ to become a major textile hub. The summit was a big step towards achieving the desired goal, although many more steps needed to be taken in this direction, they viewed.

Speakers included Rajiva Sinha, state’s principal  secretary, MSME & textile, Rahul Mehta president, CMAI and International Apparel Federation, Amit Goyal, vice chairman EP, AEPC, Sanjay K Jain, MD TT Limited, V Elangovan, representative of a reputed Export Buying House and others. Retail chains, V Mart and Lifestyle also participated in the deliberations.