The Government of Gujarat plans to set up India’s first Textile University over 250 acre land in Surat. The investment for this project would be to the tune of Rs 800-900 crore. The funds are provided by the state government. Chatterjee. Chandan Chatterjee, director of the Centre for Entrepreneurship Development (CED), a government of Gujarat organisation is optimistic about the construction work to start in early 2017 and complete in 1 ½ year.