Steps to modernize ‘Co-Optex’ outlets

Steps to modernize ‘Co-Optex’ outlets

 22 July 2021, Mumbai:

R Gandhi, Minister for Handlooms and Textiles says, the ministry has initiated measures to modernize Co-optex outlets and improve its business.

Gandhi informed sales at these outlets have declined from Rs 15 crore due to outbreak of COVID-19.

The ministry has formed a team to modernize these outlets and adopt new business techniques and designs.

It also plans to introduce export quality organic varieties, including ready-made garments for children that could be sold online.

Apart from textile parks at eight places, the ministry would also set up a mega textile park on 1,000 acre in Dharmapuri with 10,000 crore investment.

The park would help generate new jobs, Gandhi added.

 

 

 

Read more:

RIL-FRL deal: NCLT reserves order on Reliance Retail's plea seeking shareholders consent

Co-optex to foray into organic wear for kids

2nd ‘Aura Fashion Week’ slated in Nov.’21 alongside pageant ‘Aura Mr, Miss & Mrs India’

R Gandhi,Min for Handlooms & Textiles announces steps to modernize ‘Co-Optex’ outlets

 

 

 

 

He distributed welfare schemes to the tune of Rs 31.21 lakh to 66 beneficiaries.

 

 

 

 

Related articles:

1: COVID-induced restrictions lead to 50% decline in June retail sales: Retailers Association of India (RAI)

2: Back to roots can help Indian fashion remain relevant in changing times

3: Shahi Exports receives India's 1st "Cradle to Cradle Gold certificate" for 'Arth collection'

4: Fabindia collaborates with Hidesign for ‘Experience Store in Hyderabad’

 

Author’s Posts