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Home Breaking News

Thanks to PM’s 5-F formula, Gujarat best destination for investments: CM Bhupendra Patel

With the help of new technology, patterns, skill up-gradation, the state's textile industry is growing fast, and Surat's contribution being very significant: Chief Minister

by NavJeevan
4 years ago
in Breaking News, Business, Chambers of Commerce, Gujarat, MSMEs, National, Surat, textile
Reading Time: 2 mins read
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Thanks to PM’s 5-F formula, Gujarat best destination for investments: CM Bhupendra Patel

Gujarat Chief Minister Bhupendra Patel inaugurating an event on 'Weaving Growth for Textiles', organized as part of the Vibrant Gujarat Global Summit (VGGS) 2022 in Surat on Thursday. PHOTO: @CITIindia_com/twitter

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NE BUSINESS BUREAU
SURAT, DEC 30

Gujarat has made significant contribution to the textile industry through Prime Minister Narendra Modi’s 5-F formula, that is farm to fiber, fiber to fabric, fabric to fashion, fashion to foreign. Thus the state has become the best destination for investments due to industry-friendly policies implemented by the state government, Chief Minister Bhupendra Patel said.

Live : CM attends pre-Vibrant Summit event 'Weaving Growth For Textiles' in Surat https://t.co/1JpRabUNqv

— Bhupendra Patel (Modi Ka Parivar) (@Bhupendrapbjp) December 29, 2021

ગુજરાત વ્યક્તિ-કેન્દ્રી નહીં, પણ પોલિસી-ડ્રિવન રાજ્ય છે. રાજ્ય સરકારે ટેક્ષટાઇલ પોલિસીના માધ્યમથી ટેક્ષટાઇલ ઊદ્યોગમાં ટેકનોલોજી અપગ્રેડેશન, સ્કીલ એન્હાન્સમેન્ટ-ડેવલપમેન્ટ અને ટેક્ષટાઇલ પાર્ક્સ-ક્લસ્ટરના વિકાસ માટે અનેક પ્રોત્સાહનો પૂરાં પાડ્યાં છે – મુખ્યમંત્રીશ્રી ભૂપેન્દ્ર પટેલ pic.twitter.com/8m25mYmlsn

— CMO Gujarat (@CMOGuj) December 29, 2021

He said the state government has provided several incentives for “technology up-gradation, skill enhancement-development, and promoting textile parks-clusters in its textile policy.” He was speaking at an event on ‘Weaving Growth for Textiles’, organized as part of the Vibrant Gujarat Global Summit (VGGS) 2022.

સુશાસન એ સૌના સાથ, સૌના વિકાસ, સૌના વિશ્વાસ અને સૌના પ્રયાસ થકી મળતી વિકાસ યાત્રાની સફળતા છે. આપણું ઘડતર અને સંસ્કાર સિંચન જ એવી કાર્ય સંસ્કૃતિમાં થયું છે જ્યાં જનકલ્યાણના કામો અને વિકાસ એ જ માત્ર લક્ષ્ય છે – મુખ્યમંત્રીશ્રી ભૂપેન્દ્ર પટેલ pic.twitter.com/kkzqgSRYi8

— CMO Gujarat (@CMOGuj) December 29, 2021

“Gujarat has a conducive environment for all industries, including textiles. The state has made significant contribution to the textile industry through Prime Minister Narendra Modi’s 5-F formula, that is farm to fiber, fiber to fabric, fabric to fashion, fashion to foreign,” he said.

He further added that with the help of new technology, patterns, skill up-gradation, the state’s textile industry is growing fast, with Surat’s contribution being very significant.

“Gujarat produces 37 per cent of the country’s total yarn and is known as the country’s textile capital. This industry accounts for 13 per cent of India’s total exports. Gujarat has also added a textile course to its 25 ITIs, with arrangements made not only for large-scale industries but also for developing small and medium scale industries,” he said.

On the occasion, Union Minister of State for Textiles Dharshana Jardosh said, under the leadership of PM Modi, the Centre has implemented a number of schemes for the development of the textile sector to make the country a global leader.

The PM has announced the construction of seven textile parks in India at a cost of Rs 4,500 crore, she said.

The PLI scheme will provide a huge benefit to ready-made garments, man-made fibers and technical fiber sectors, she added.

Tags: CM Bhupendra Patelfor investmentsGujarat best destinationThanks to PM’s 5-F formula
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