The textile sector in Gurugram is a thriving hub. The technical textile segment has flourished in this region since last 20 years. The beginning of the millennium witnessed a rapid growth in the industrial segment in which owed its inception to hydro-electric and thermo-nuclear power projects in the near vicinity. The entire region is filled with textile companies which are primarily involved in the manufacturing of textile machinery. The textile companies in Gurugram depict the next phase of development of textile business. The designer textile print, the dyeing of fabrics in rich hue colors, the finishing of the fabrics and the other novel concepts have been incorporated and introduced in Gurugram. Gurgaon is the dream destination for all the visionary ideas such as promoting handicraft, promoting Make in India concept, the Happening Haryana concept. The execution of the ideas is precise and quite apt as the required skill and labor is in plentitude.
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The textile sector of Gurugram has always flourished itself and the participants in it i.e. textile companies. There has been significant increase in the number of companies in Gurugram in recent years which have made it a favorite destination for the investors and emerging texpreneurs who want to establish their base in this trade hub. The government policies and the market saturation has made it relatively easier for the textile companies to blend in the region and gives ample of resources and channels to firm their establishment.
At present there are more than 5000 registered companies in Gurugram who get the business traffic of the neighboring states of Uttar Pradesh, Delhi and Rajasthan. The handloom industry has also prospered due to the inclusion of textile handicrafts from Himachal Pradesh. With the knack for technical dexterity, the machines that could produce the handloom products with machines with exact dimensions were also manufactured. The peerless quality of the machine produced goods ensured the seamless investment in Gurugram sector. According to last quarter report of state ministry, Gurugram industrial sector attracted the investment of 3.2 lakh crores which is the highest in the nation. The dyeing, weaving and textile designing companies also form an integral part of the textile sector in the region. The textile companies in Gurugram have further looked beyond the geographical boundaries of the nation and the export centric approach of the companies has led Gurugram to be the prime place for investment and commencement of trade and commerce. The textile companies in Gurugram thus have a substantial future with a vast market to explore and exploit.
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