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Chinese investment firm to set up textile park in Gujarat

luckych

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Chinese investment firm to set up textile park in Gujarat

"AS per the MoU signed between us and CSMEI, they are interested to set up a Textile Park near Sanand in the first phase. In the second phase, they will explore the opportunities to set up an Industrial Park in Gujarat. Both these parks are expected to fetch investment of Rs 10,000 crore," Agrawal said.

During the tour, various companies and entities of Gujarat and China have signed 22 MoUs worth Rs 30,000 crore, said Rajya Sabha MP and Group President(Corporate Affairs) of Reliance Industries Ltd. Parimal Nathwani.

According to Agrawal, these 22 MoUs include the one for setting up Textile Park as well as Industrial Park worth Rs 10,000 crore and one more MoU signed with CSMEI to set up a Techno-Knowledge Park in Gujarat with an investment of Rs 19,000 crore.


Read more at:
Chinese investment firm to set up textile park in Gujarat - The Economic Times

 
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