At the upcoming Vibrant Gujarat Summit, Southern Gujarat Chamber of Commerce and Industry (SGCCI) is going to sign a Memorandum of Understanding (MoU) with the Gujarat Government for setting up of Rs. 1,800 crore worth Mega Textile Park.
SGCCI President B S Agarwal said that the Mega Textile Park is a dream project and it will change the face of Surat’s textile sector. The chamber will be signing the MoU with the Gujarat Government for the allotment of 70 lakh square metres of land at Pinjrat near Olpad. SGCCI has already appointed around 15 Directors to head the project.
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As per the proposed plan, the park will accommodate around 100 textile processing units, 40 water jet weaving units, around 225 garmenting units and other textile ancillary units, attracting a total investment of Rs. 10,000 crore. Moreover, the park will house giant textile processing units, each having average capacity of manufacturing over 3 lakh metres of fabric per day.
Around 50 per cent of the fabric manufactured at the processing units will be converted into home textiles and garments. The rest of the fabric will be sold outside the state.
