West Bengal government after the grand success of Bengal Global Business Summit (BGBS) is now holding the same on January 8 and 9. This event is expected to announce new policies and investments to promote industrial and infrastructure development in the State.
BGBS is an ideal convergence for industry and government to showcase their strengths, highlight business opportunities, and facilitate knowledge dissemination etc. The Summit also provides an attractive opportunity to its participants to understand the potential of West Bengal in various sectors.
Textiles and clothing is one of the focus industries. The government initiated a comprehensive textile policy in 2013 to promote investment. In order to further the aim of making the state a clothing hub, the Integrated Textile Development Project (ITDP) was launched in 2015. The ITDP is expected to promote 11 Textile Parks around Kolkata and provide a readymade platform for industry to develop and expand.
State’s department of MSME & Textile with assistance of Indian Chamber of Commerce is also organizing ‘Texpo Bengal’ – an exposition and conference on textiles and clothing coinciding with BGBS during the same period.
West Bengal has a long history and tradition in textiles. The sector provides both indirect and direct employment to a large gamut for people, with potential to be a major contributor in the Indian economic growth.
The state has some unique strengths, which makes it ideal to become a clothing hub in the country. This is one industry that can provide employment to both genders and lead to inclusive growth in the state. The government has specifically chosen the textile and clothing industry for major focus leading to Texpo Bengal, according to an official release.