Uttar Pradesh govt plans private textile parks to curb Chinese imports

Quick Summary:

The textile parks would be established under the UP Textile and Garmenting Policy 2022.

In the backdrop of this, the Yogi Adityanath government is positioning the state as a potential textile and garment hub in South Asia.

As India is targeting garment exports of $100 billion in the next five years, the state is strengthening its textile value chain.

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Category: BusinessFinance

Markets: IndiaBangladeshChina

Topics: Indian economy Textile parks Uttar Pradesh govt Chinese imports

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 23:05:04 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23522198

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