India’s first textile university to come up at Surat – Feedback

Gujarat government is planning to set up India’s first textile university at Surat with an investment of about Rs 800 crore – Rs 900 crore.

The textile industry will support the government in the endeavour.The state government will fund about Rs 800-900 crore for the university, which is expected to get operational in the next one and a half years. The aim of the university is to provide all kind of support including technology, research and development (R&D), skilled manpower etc. “The first textile university of India will be setup in Gujarat. Land has been identified near Surat. Gujarat government will provide funds worth Rs 800-900 crore for the development of the textile university,” said Chandan Chatterjee, director of the Centre for Entrepreneurship Development (CED), a government of Gujarat organisation. Purpose of the university will be to create a complete eco system for the textile industry in Gujarat and India. It will guide the government in policy making for the industry.

http://www.business-standard.com/article/economy-policy/india-s-first-textile-university-to-come-up-at-surat-116082700336_1.html

About news

We take care of publishing the latest investment news and highlights for Feedback

Leave a Reply

Your email address will not be published. Required fields are marked *