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  • West Bengal Set to Establish Textile Cluster as Part of India’s Nationwide Export Boost Initiative
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West Bengal Set to Establish Textile Cluster as Part of India’s Nationwide Export Boost Initiative

West Bengal is poised to gain a textile cluster as part of India’s ambitious plan to establish 75 such clusters nationwide. This initiative was highlighted during trade discussions between Prime Minister Narendra Modi and U.S. President Joe Biden, aimed at boosting India’s textile exports. The recent Modi-Biden meeting also resulted in the signing of a […]

West Bengal Set to Establish Textile Cluster as Part of India’s Nationwide Export Boost Initiative

West Bengal is poised to gain a textile cluster as part of India’s ambitious plan to establish 75 such clusters nationwide. This initiative was highlighted during trade discussions between Prime Minister Narendra Modi and U.S. President Joe Biden, aimed at boosting India’s textile exports.

The recent Modi-Biden meeting also resulted in the signing of a Memorandum of Understanding (MoU) between India’s Ministry of Micro, Small, and Medium Enterprises (MSME) and the U.S. Small Business Administration. This partnership seeks to enhance cooperation between small businesses in both countries, focusing on trade, export finance, technology, and green economy sectors.

This move comes as India looks to strengthen its trade ties with the U.S. while addressing the trade deficit with China. The creation of textile clusters is seen as a strategic step in finding alternative markets and boosting India’s global trade footprint.

West Bengal is expected to be one of the top five states contributing to this initiative. Several production units are planned for the region, with the Ministry of Commerce and Industry acting as the nodal agency. Experts believe this will significantly improve the distribution and supply chain within the textile industry.

The state government has already been working to turn Bengal into a textile hub, with well-established clusters in Metiabruz, Nadia, and East Burdwan. The MSME and Textiles department has also promoted ‘Banglar Saree’ by encouraging the opening of outlets across district headquarters, further enhancing the region’s textile prominence.

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