Related Keywords: Bangladesh’s garment industry, Garment Manufacturing, Indian cotton import, spinning units in Gujarat, textile park in Gujarat, yarn imports
Bangladesh proposes to set up a textile park in Gujarat as it is largely dependent on Indian cotton for its garment industry.
Bangladesh is focusing on Kadi, also known as the 'Cotton City' of India near Ahmedabad for the project and the initial investment is estimated to be Rs 240-300 crore.
The textile park will have spinning units aiming to have cumulative capacity of 1 lakh spindles. Bangladesh has sought around 100 acres of land from the state government for the project.
