Garments

 India’s top garment Industry leaders hail Textile Policy of Bihar show interest to start manufacturing in Bihar

Published: July 20, 2024
Author: Fashion Value Chain

Large industrialists and garment industry exporters praised Bihar’s textile policy as among the best in the nation. At today’s Textiles Investors Meet in Patna, notable leaders from the garment industry, including promoters of Trendsetter International, Richa Global, Shahi Exports, Texport Industries, Pearl Global, Poppys, Kaytee Corporations, Texport Industries, Jyothi Apparel, Neeti Clothing, Fashion Neats, etc., expressed interest in Bihar.

Union Textiles Minister Shri Giriraj Singh addressed all of the major industrialists and exporters of textiles and apparel, saying, “Please consider Bihar as a location for RMG manufacturing and textiles hub.” Others in the value chain, such as spinning and processing, will enter the fray if RMG manufacturing moves here. He continued, “With an investment of one crore, this sector has the potential to generate immediate employment of fifty to seventy people.” It is one of the biggest employment generating sectors.

The minister stated that Bihar will serve as a gateway to the Northeast and that investments made in the state would provide a large number of job opportunities. Shri Singh also suggested that the state government create a revenue-sharing plan for a small number of centers and refine it until it reaches a saturation point, concentrating on one cluster at a time.

Bihar’s Deputy Chief Minister, Shri Vijay Kumar Sinha, said in his speech that the state is home to Bhakti, Sakthi, and Mukti.He applauded the abundance of businesspeople who are eager to investigate the prospect of making investments in the state. We would gladly welcome any investment in the state, he declared.

Shri Nitish Mishra, Industry Minister of Bihar in his address said, “Bihar is offering plug and play and attractive policy incentives to the investors. Come to Bihar we will give you all kinds of facilitation. He further said that the efficiency of workers will increase when they are closer to home. Minister thanked RMG industrialists for the visit in large numbers.

“The garment exports from Bihar in the year 2023-24 registered a growth of 58.6%, while India registered a decline of 10.2% in the same period,” stated Shri Sudhir Sekhri, Chairman of the AEPC, during his speech at the Investor Meet.

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