Sanand set to house China's textile park.

Sanand will house one of the three industrial parks that China is planning to set up in Gujarat. This new park will focus on the textile sector, said officials of the Gujarat government recently, after a business delegation from the state returned from China. Giving a detailed presentation about the delegation's trip to China between May 14-20, where a total of 22 MoUs worth Rs. 30,000 crore - including those for two new industrial parks and a new smart city — were inked, Arvind Agarwal, additional chief secretary (Industries & Mines), of the state government said, “The biggest takeaway from this tour was the rapport that was created between Gujarat and the Chinese provinces of Guangdong, Shenzhen and Hong Kong.'

'We have also identified specific sectors of cooperation where Gujarat can benefit from the Chinese experience,' he added. The delegation has identified new opportunities for partnerships in low-cost housing, skill development, agro-processing, agri-technology, urban infrastructure, among others.

A total of 22 MoUs were signed between the Industrial Extension Bureau (iNDEXTb) and various companies in China and Hong Kong, across sectors of renewable energy, sustainable infrastructure development, affordable housing, smart cities, textiles, industrial parks, pharmaceuticals, automotive, electrical engineering and logistics. One of the major MoUs that was signed during this visit was for setting up of two industrial parks worth Rs 10,000 crore in the state.

THE INDIAN EXPRESS