State govt inks MoU with CMAI to make CG textile hub

State govt inks MoU with CMAI to make CG textile hub
Raipur: Chhattisgarh govt on Wednesday signed a Memorandum of Understanding (MoU) with the Clothing Manufacturers Association of India (CMAI), marking a major step towards transforming the state into a hub for textile and apparel manufacturing. The agreement is expected to boost economic development and generate substantial employment opportunities in the state.
During the show organized at the Bombay Exhibition Centre in Mumbai, Chhattisgarh Chief minister Vishnu Deo Sai interacted with investors and industrialists associated with the textile sector and invited them to invest in Chhattisgarh. He presented the state's ambitious vision for the textile sector.
CM further emphasized on the state's recent approval to establish a campus of the National Institute of Fashion Technology (NIFT) in Nava Raipur, a significant step that underlines the govt's focus on skill development and design innovation in textiles. The NIFT campus, with an investment of Rs 271 crore, will play a key role in nurturing talent and strengthening the state's textile ecosystem.
Highlighting the rich heritage of Chhattisgarh's traditional textiles, the CM said, "The natural kosa cocoon found in Bastar and Surguja is full of potential for textile development. With institutions like NIFT and support from CMAI, branding and promotion of our handloom products will now get a much-needed push."
He stated that rapid industrialization would be the driving force behind building a developed Chhattisgarh, with the textile sector being a key focus. Since the implementation of state's new industrial policy, the state has received investment proposals from sectors ranging from MSMEs to high-tech industries like semiconductors.
"We are now not just focused on ease of doing business, but speed of doing business," the CM declared, adding that over 350 reforms have already been implemented to make the investment process seamless.
The CM also stated that the textile industry is directly linked to rural self-employment, technology and skill development. He said that the govt has tried to promote MSMEs related to the textile sector, taking care of all these facilities in the new industrial policy. Special grants to enterprises that employ more than 1000 local people has been given. Our govt is reimbursing Rs 252 crore out of an investment of Rs 100 crore. No state in the country has such a good policy in the field of textiles. Small and medium enterprises related to the textile industry are getting its benefit. Additional incentives have been rolled out for enterprises setting up units in tribal regions like Bastar and Surguja.
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