India's new beginning with China is getting a push from Gujarat, courtesy the state's textile industry. In order to spread the word on the new textile policy, Gujarat government has extended an invitation to the textile capital of China-Shaoxing City.
Recently, the India China Economic and Cultural Council (ICEC) presented a letter, written in hand embroidered textile handicraft of Gujarat, to the mayor of Shaoxing to visit Gujarat. A delegation of Chinese textile companies is also expected to visit next month.
"As there are several Chinese companies that are keen on setting up units in Gujarat, there is a need to spread the word on the policy," said Jagat Shah, chairman, ICEC-Gujarat, who handed over the invitation.
Shaoxing city in Zhejiang province of China is considered as the centre of the Chinese textile industry and the biggest textile base of Asia. Chinese companies have expressed interest in setting up units in the state with huge increase in the production of cotton in Gujarat. The textile industries of China are working out strategies to set up their units in the state to reduce the cost on transportation of raw material as well as finished products.
As part of their visit to Gujarat, Chinese companies will meet officials of the state government on the new textile policy of the state. A visit to the textile companies in Ahmedabad and Surat has also been planned along with meetings with research and development institutions like ATIRA and trade associations in the state. ICEC has also organised a seminar in Ahmedabad to encourage partnership of Chinese companies with Gujarat-based companies.
Keeping the border tension aside amid the brouhaha in India over the Chinese incursions in Ladakh, Gujarat has decided to forge business ties with its Chinese counterparts.
Chinese Premier Li Keqiang arrived in India on Sunday on a three-day state visit, his first overseas trip after assuming office in March. Li held talks with Prime Minister Manmohan Singh on a string of issues including the recent border row.
Source: The Times of India .
Middle East News
- Media Information: Autefa Solutions announces new agency for the Indian market
- Denimsandjeans India to discuss trend of unisex denim
- RBI keeps repo rate unchanged at 6%
- Maharashtra cabinet approves textile policy for 2018-23
- UAE has the lowest VAT regionally and globally
- Costs rise at sharpest pace for UAE’s private sector businesses
- Budget 2018-19: Customs duty on silk fabric hiked to 20%
- Reduction in tax for MSMEs to benefit TN textile firms
- Budget: TEA hails Rs 7148cr allocation for textile sector
- Indian textile industry hails budget with some scepticism
- Arvind Q3 revenue up 16% at Rs 2,706 crore
- Amazon infuses 1,950 cr fresh capital to India operations
- Indian brand Ekaya at Paris Haute Couture Week
- E-commerce platform for artisans in India's Kashmir
- SRTEPC honours RIL with 5 gold trophies
- Indian economy to grow at 7.3% in FY 2018-19: World Bank
- Wazir Advisors Introduction
- 10 Reasons to Invest in Textile Sector in India
- India’s Standing in Global Textile and Apparel Industry
- India: A Land of Opportunities
- Patterns, images and colors demanded in the Iranian carper markets
- CE certificate or sign on the carpet; Indicator of product quality or inaudible imprint of international clarification
- The classification of textile floorings In terms of fire-taking behavior according to the provisions of European Union
- Remain unknown the place of modern carpet design