Questin: Where was the ‘Textiles India 2017’ organized recently?
(a) Delhi
(b) Surat
(c) Gandhinagar
(d) Ahmedabad
Ans: (c)
Related Fact :
- The three-day event, Textiles India 2017 was organized in Gandhinagar by Union ministry of textiles from June 30th to July 2nd, 2017.
- This mega eventwas aimed at showcasing the country as a global sourcing hub and investment destination.
- On this occasion, 65 Memorandum of Understanding (MoUs) were signedrelated to the textiles sector.
- The MoUs signed relate to exchange of information and documentation, Research & Development, commercialization of handloom products and silk production, cooperation in Geo textiles, skill development, supply of cotton and trade promotion with overseas partners, etc.
- Significantly, domestic market for apparel and lifestyle products, currently estimated at $85 billion, is expected to reach $160 billion by 2025.
- Notably, textiles industry contributes to 10% of manufacturing production, 2% of India’s GDP and upto 13% of country’s export earning.
Reference:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=167068
https://www.textilesindia2017.com/home/EventSchedule