Indian textile industry will attract huge investment
In 2012, India’s total investment in the textile industry is expected to reach 1506.0 billion rupees, and the total number of employees will reach 17.37 million (including 12.02 million direct employees and 5.35 million indirect employees). Said at the summit. The Indian government expects that the planned investment in textile parks, including 30 approved textile parks, will reach 169.53 billion rupees. These textile parks will generate employment opportunities for 575,000 people. Singh said that the Ministry of Textiles is also increasing investment, introducing modern technologies, and acting as a catalyst in providing market support to textile companies.