A Brief thread on Mega Textile Park scheme & what they really aim to achieve.
Do like & retweet ๐งต๐งต
(1/N)
Do like & retweet ๐งต๐งต
(1/N)
Mega Textile Parks aim to bring scale & size to the textile space, by reducing logistics costs, which are very high at present
Even a smaller country Bangladesh has size & scale
(2/N)
Even a smaller country Bangladesh has size & scale
(2/N)
These Textile parks aim to reduce the fragmentation, as current value chain is highly fragmented, due to spinning, weaving, processing & garmenting happening at different places.
(3/N)
(3/N)
Current Textile scheme will integrate the complete textile value chain, to bring spinning, weaving, processing garmenting etc at a single location & thus reduce logistics costs & bring competitiveness with peer countries.
(4/N)
(4/N)
FTAs with UK, UAE, Australia & EU to benefit Indian textile immensly, as we are already one of the largest cotton producers, would be way more competitive than incumbents who are ruling at present.
(5/N)
(5/N)
Do like & retweet the below tweet if you liked the info.
@StocksAndStoics
@AdeptMarket
@nid_rockz
@shubhfin
@AvadhMaheshwar2
@StocksAndStoics
@AdeptMarket
@nid_rockz
@shubhfin
@AvadhMaheshwar2
Loading suggestions...