Integrated Textile City To Come Up Near Ahmedabad, Gujarat

ENA State 2023-11-13 14:26:37 Ahmedabad, Nov 13 (KNN) Ahmedabad-based textile industry association, Narol Textile Infrastructure and Enviro Management (NTIEM) has planned to set up an integrated textile city near Ahmedabad. As per reports, an MoU in this regard will be signed at the Vibrant Gujarat Global Summit in January. The textile city, which is part of NTIEMs expansion plans will be spread over 2,000 acres, at a cost of around Rs 25,000 crore. The city will have housing for all levels of employees from workers to management level personnel and have facilities like schools and hospitals. The project is expected to create around 5 lakh direct jobs. Sources in the association said the current market situation is not favourable but as a cotton textile hub, the textile city will see newer export opportunities in the coming years. They added that the city has been planned accordingly. A NTIEM office-bearer said, The last two years have been challenging for the textile industry but units in Ahmedabad are looking at an average 10 per cent CAGR over the next decade due to expected increase in demand in domestic and export markets. While Ahmedabad has always been among the worlds major textile manufacturing hub which is set to grow at an even faster pace over the next decade, there are three main challenges which we must overcome. These are better infrastructure, transition from treatment and discharge of wastewater treatment to Zero Liquid Discharge and skill development of the working cohort through manufacturing-focused education and training. To meet such requirements, we plan to set up the proposed city around 50 km from Ahmedabad and may sign an MoU at the upcoming VGGS, he said. The director of a leading processing house said, All member industries have been workig on this proposal for the last three years and it has been approved at our board meeting. Expansion at our current establishments is not possible so new expansion will be done at the proposed textile city. The city plans to begin operations by 2027. (KNN Bureau) 35494 https://knnindia.co.in/news/newsdetails/state/integrated-textile-city-to-come-up-near-ahmedabad-gujarat 2023-11-13 14:26:37 knnindia.co.in Integrated Textile City To Come Up Near Ahmedabad, Gujarat