Investment in Textile Sector in Assam

India and Australia
MoU on cooperation in the textiles, clothing and fashion sectors between India and Australia -indianbureaucracy

PIB News Update: Minister of Textiles, Smriti Zubin Irani has informed that an organic export oriented company AGRESTAL, Himachal Pradesh is expected to invest and setup a silk processing centre in Assam with Government of India Partnership funding & collaboration for production & export of Eri silk as organic silk. The company has visited the areas of Assam and had discussion with the Government, field level functionaries and Seri-culturists.

There are two Jute Mills located in Assam, namely Atlanta Modular and Assam Cooperative Jute Mills Ltd in Guwahati and Silghat, Nagaon respectively.

Government of India has also sanctioned two State of the Art Eri Spun Silk Mills under North Eastern Region Textile Promotion Scheme (NERTPS) at a total project cost of Rs.43.06 crore with Government of India share of Rs.38.18 crore each in Biswanath and Kokrajhar-BTC of Assam.

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