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Nandani Creation plans to invest USD 1.3 mn to open up to 25 stores over 2 yrs
NEW DELHI, Mar 11: Apparel firm Nandani Creation, parent company of Jaipurkurti.Com, on Thursday said it plans to invest USD 1.3 million to open up to 25 stores over the next two years across the country.
“In the next 2 years, we are planning to set up close to 25 stores across 5 states. This will entail an investment of USD 1.3 million. A bulk of our expansion plan will be executed in the next financial year i.E. FY 21-22 and we hope to open 12-15 stores,” Anuj Mundra, Chairman and MD of Nandani Creation Ltd, said in a statement.
Modi Govt to Launch 7 Mega Textile Parks to Boost Self-Reliant India, Vocal for Local Schemes
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Sputnik International
https://sputniknews.com/india/202102011081945182-modi-govt-to-launch-7-mega-textile-parks-to-boost-self-reliant-india-vocal-for-local-schemes/
The Indian textile sector is the sixth-largest exporter of textiles and clothes in the world and the second-largest employer after agriculture, according to the Ministry of Textiles. To boost local weavers and artisans, the Modi Government has launched many initiatives such as Atmanirbhar Bharat (self-reliant India) and Vocal for Local.
Unveiling India’s annual budget for 2021-2022 on Monday, Finance Minister Nirmala Sitharaman announced “a new scheme to launch seven mega investment textile parks (MITRA)” around the country over three years.