Gandhinagar : Chief Minister Vijay Rupani inaugurated ‘FABEXA 2020’- India’s First and Longest Virtual Exhibition organized by one of the oldest cloth markets in the country, Maskati Mahajan. During his address, the CM said, “Gujarat is the Textile Capital of India with a contribution of 33% of cotton production to India. The state government has ensured technology upgradation, skill enhancement and development and textile cluster parks through the Textile Policy. More than 28 textile parks are operational in the state today. Garment export in Gujarat has achieved a new pace due to various advantages like interest subsidy on credit, assistance and encouragement for Textile Parks, in addition to keeping in mind the aspects of environment conservation, and pollution control.” The CM added that Gujarat has been able to perform in an outstanding manner through the formula of Farm – Fiber-Fabric-Fashion-Foreign given by Prime Minister Narendra Modi. Labour reforms and infrastructure coupled with political stability have ushered trade and commerce in the state. The Chief Minister congratulated the organisers for conducting this virtual exhibition keeping in mind the COVID-19 crisis. More than 100 exhibitors have participated in this event which will run for 90 days. CM Rupani also briefed about the subsidies and assistance given by the state government to the MSME sector since a large part of the textile industry falls under MSMEs. A large number of traders, dignitaries and people associated with textile industry were present during the inauguration.