By  on February 4, 2019

MUMBAI — The Indian textile ministry last week moved to recruit some of the country’s largest private companies to jump-start growth in the $150 billion industry.

Marking the moment, top government officials, chief executive officers, designers, retailers and artisans from throughout India set out in a stream of boats and speedboats to an island 10 miles from the city of Mumbai for the unique signing of a memorandum of understanding between the government and the private sector. The historic moment was amplified by the location: the unusual use of a UNESCO World Heritage site that government departments rarely allow for such events.

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