The Minister for IT and Industries, K T Rama Rao, announced on Wednesday that a global investors’ summit will be organised in Hyderabad in March solely to promote the textile sector in the State.

He was speaking to the media after calling on the Union Minister of State for Textiles, Smriti Irani, in New Delhi when he sought her support to make the summit a success. Irani not only assured the Minister of the

Centre’s support but said she would also participate in the summit and wanted it to be scheduled on a convenient date.

Rama Rao said that the key announcement pertaining to textile promotion and policy was expected at the summit. The summit will provide a global platform for interaction with investors being invited in large numbers from different countries as well as within the country.

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