November 7, 2024
Industry

Uzbek President Visits Company in Indian Textile Cluster

Uzbek President Shavkat Mirziyoyev recently visited a company located in the Indian textile cluster in Termez to assess and discuss the challenges and opportunities in Uzbekistan’s growing textile industry.

Started in 2019 at an investment of US $10 million, the Indian company has become a key player in the region, leveraging advanced technologies and equipment imported from various countries.

“The company produces 900 different types of clothing, with 800 of them being produced for both export and the domestic market,” Daryo reported.

During the visit, President Mirziyoyev noted the remarkable progress in textile production but highlighted a crucial gap in the industry, the absence of a design school.

He emphasised the need for a dedicated institution to develop the design skills of local talent and keep pace with rapidly changing fashion trends.

The President instructed officials to enhance the quality of design training, drawing inspiration from countries renowned for their design expertise, such as Italy.

Additionally, he underscored the importance of market research and forecasting to empower entrepreneurs and ensure the industry’s sustained growth.

The company in the Indian textile cluster currently employs 800 women and is a vertically integrated company beginning from cotton farming to export and retail, thereby employing over 9,000 people.

President Mirziyoyev also learned about the company’s future plans, which include expanding fabric knitting, printing and clothing production.

A substantial investment of $55 million is earmarked for these expansions and is expected to create an additional 10,000 new jobs.

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