India : RIICO signs MoU for new apparel park in Jaipur

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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

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