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Bangladesh to set up textile park in Gujarat

Bangladesh to set up textile park in Gujarat

Gujarat - News Update 14th October 2015After China, Bangladesh has also jumped on to Gujarat’s textile park bandwagon. The neighbouring country, which heavily relies on Indian cotton for its garment industry, proposes to set up a textile park in the state.

Bangladesh has zeroed in on Kadi near Ahmedabad for the project which involves an initial investment of Rs 240-300 crore. To begin with, the park will have spinning units with cumulative capacity of 1 lakh spindles. Bangladesh has sought around 100 acres of land from the state government for the project. Read More

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