New Opportunities for Development and Investment in the Textile Industry at VGRC Surat

According to the Gujarat government, the 'Vibrant Gujarat Regional Conference (VGRC)' to be organized at Auro University in Surat on May 1 and 2 will give a new direction to the industrial development of South Gujarat. The conference specifically focuses on increasing investment in the textile industry, connecting global buyers and local manufacturers and promoting exchange of new technologies and innovations.

Located on the banks of the Tapi River, Surat has historically been a major trading centre. It was famous for silk trade in the 16th century and today it is known as the world's leading 'Silk City' and India's largest man-made fiber (MMF) hub. According to the state government, Surat produces about 90% of India's artificial silk and has a 65% share in the country's MMF sector.

The industry contributes significantly to the state's economy with an annual turnover of approximately ₹1.5 lakh crore and 18–20 lakh employment opportunities. Crores of meters of cloth are produced every day in Surat and are exported from here all over the world.

VGRC is expected to increase FDI, strengthen technical cooperation and further empower Surat as a global textile hub.

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