The size of the Indian Textile Industry is currently estimated at around US$ 108 billion and is expected to reach US$ 223 billion by 2021. The Domestic textile industry contributes to about 14% to India’s industrial production, 5% to the Gross Domestic Product (GDP) and 27% to the country’s foreign exchange inflows. 100% FDI in Textiles sector through automatic route provides excellent opportunity for investments in Indian textile Industry.
Investment Opportunities in Assam:
- Setting up of Handloom Production Units
- Apparel & Garment Making Centre
- Silk Value Chain based Cluster Development
- Manufacturing of Bamboo Mat Board, Bamboo Mat Corrugated Sheets & Bamboo Floor Board