Related Keywords: Bangladesh, cotton and yarn for its garment industry, especially Gujarat state, heavily bank on India, Indo-Bangladesh trade promotion, invest in yarn manufacturing, neighbouring country, proposes to set up textile park, provide them the cost advantage, the park will have spinning units, top garment manufacturing and exporting country
Bangladesh, which is among the top garment manufacturing and exporting countries globally has to heavily bank on India, especially Gujarat, for cotton and yarn for its garment industry. The neighbouring country proposes to set up a textile park in the state of Gujarat.
Bangladesh has zeroed in on Kadi near Ahmedabad for the project which involves an initial investment of Rs 240-300 crore. To begin with, the park will have spinning units with cumulative capacity of 1 lakh spindles. Bangladesh has sought around 100 acres of land from the state government for the project.
