Home / Knowledge / News / Apparel/Garments / RIICO signs MoU for new apparel park in Jaipur
RIICO signs MoU for new apparel park in Jaipur
29
Sep '15
The Rajasthan State Industrial Development and Investment Corporation (RIICO) has signed a memorandum of understanding (MoU) with VICO Infrastructure to set up an apparel park in Jaipur.

The MoU worth Rs 300 crore was signed during the inauguration of Vastra-2015, an international textile and apparel fair. The new textile park will create employment for more than 6,000 people, as per media reports.

Santosh Kumar Gangwar, the union minister of state for textiles, said at the inaugural ceremony of Vastra-2015, that the Centre has approved seven textile parks to be set up in Rajasthan under the Scheme for Integrated Textile Parks (SITP). These parks are expected to create jobs and invite investments in Rajasthan.

Gangwar also emphasised the need for addressing pollution related matters of the textile industry and informed that the Centre has approved setting up of a Common Effluent Treatment Plant (CETP) Balotra, a town famous for hand block printing and textile industry.

He said the Modi government stresses on providing skill development and training to generate employment and wants to turn Rajasthan into a textile hub in the near future.

Vasundhara Raje, chief minister of Rajasthan, said, “We have set a target to provide 15 lakh jobs in the next few years and large number of it is expected to come from the textile sector.”

The fourth of its kind, Vastra-2015, being held in Jaipur, is a platform for young fashion designers to display their work and interact with buyers and exhibitors from around the world. More than 227 buyers from 54 countries and 11 states are expected to visit the ongoing three-day fair. (HO)

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd Feb 2017

NAFTA renegotiation puts Mexico-US jeans trade at risk

The almost imminent renegotiation of the North America Free Trade...

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search