"If each one of them (textile hub) starts producing ₹50,000 crore worth of textile products, (then) each of them starts providing employment to lakhs of young boys and girls. Of course we will also bring modern technology and do sustainable garment manufacturing. We will learn from the experience of Tiruppur," Goyal said.
Tiruppur is a major textile centre and is home to 10,000 garment manufacturing hubs, employing over 600,000 workers.
This story is from the June 27, 2022 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the June 27, 2022 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Axis Bank rerating to continue on steady NIM
The bullish stance on the lender comes after its outperformance in March quarter
After Bitcoin's massive price surge, book partial profit if overexposed
At current elevated prices, prospective buyers should opt for staggered purchases
Gradual volume recovery, valuations to support HUL sto
Hindustan Unilever's (HUL'S) performance for the quarter ended March 2023 (Q4FY24) was in line with modest consensus expectations.
Kotak Mahindra Bank's loan, deposit growth may be impacted: Analysts
Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the bank's online and mobile banking channels and not to issue any new credit cards, according to analysts.
Mkts gain for 5th session on the trot
Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark, while the Nifty closed above the 22,550 level on Thursday due to heavy buying in banking, financial and metal stocks.
Bank actively working to address RBI's concerns: CEO
A day after the severe action by the Reserve Bank of India (RBI), Kotak Mahindra Bank's Chief Executive Officer and Managing Director Ashok Vaswani on Thursday said the lender is \"actively working\" to address the concerns raised by the regulator.
CRISIL ESG Ratings receives Sebi approval for ERP
CRISIL ESG Ratings & Analytics on Thursday received approval from the Securities and Exchange Board of India (Sebi) as a Category 1 provider of environmental, social, and governance (ESG) ratings.
Smaller towns steal a march over big cities
The direct plan mutual fund (MF) schemes, which are offered by online investment platforms, now have more investment accounts from smaller towns and villages than in the top 30 (T-30) cities.
Exchanges eye index derivatives with new stock additions in limbo
Market players await new policy around F&O stock inclusion
India lost over $120 bn to climate disasters
WMO found Asia to be the worst hit by climate change since 2000
