Move to entice Indian textile companies to set up business in Malacca

Chief Minister of Melaka, Datuk Seri Idris Haron after the state government’s monthly assembly at Seri Negeri here Monday said that Made-in-Malaysia textiles could raise the country’s profile. The state is thus mulling move to attract Indian textile companies to set up business in Malacca.

According to the Chief Minister, the prosperous Indian textile industry is a giant and it could help Malacca in producing the superior quality materials for the local and foreign markets

The state is also eager to revive textile investments in the state and turn it into a main revenue earner for Malacca.

Idris noted that in 2014, Malacca attracted investments worth RM4.4 billion, including RM1.8 billion in foreign direct investments.

Recent Posts

Samantha Prabhu launches activewear brand, Mile Collective

Samantha Ruth Prabhu has launched Mile Collective, an activewear and lifestyle brand, in partnership with co-founders Harshita Motaparthi and Pravishta…

22 hours ago

Covation Biomaterials shifts focus to next-gen materials

Covation Biomaterials has announced plans to sell its stake in the Primient Covation business, which produces 100 percent bio-based 1,3…

22 hours ago

Archroma and HeiQ to expand sustainable textile solutions

Archroma and HeiQ have signed a co-marketing agreement to jointly offer sustainable anti-odor and antimicrobial textile technologies to markets worldwide.

22 hours ago

PolyU develops soft magnetorheological textiles for smart wearables

The Hong Kong Polytechnic University (PolyU) has developed new soft magnetorheological textiles that could have wide applications in future smart…

2 days ago

Levi Strauss launches clothing repair program

Levi Strauss has introduced a new clothing repair initiative designed to encourage high school students to take an active role…

2 days ago

Anaphe launches a luxury denim-inspired silk collection

Silk clothing and accessories brand Anaphe is unveiling ReWritten, a collection that reimagines denim using silk, femininity and effortless modern…

3 days ago