"The MoUs were signed between various domestic and international organisations from the industry and government," an official said.
The MoUs were signed in presence of Union Textiles Minister Smriti Irani and Minister of State, Textiles, Ajay Tamta.
The MoUs signed relate to exchange of information and documentation, research and development, commercialisation of handloom products and silk production, cooperation in geo-textiles, skill development and supply of cotton and trade promotion with overseas partners.
"In two days, we have signed 65 MoUs. We are hoping a large scale of investment. Here is a government which is here for redressal of your grievances. The government is also willing to listen the problems you face," Irani told a investors meet here after signing the MoUs.
She said that among 65 signed MoUs, three were signed with Australia, Bangladesh and China.
Irani said that the current age is a golden era for development of textiles industry.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.