Home / Knowledge / News / Textiles / Gangwar inaugurates garment unit, hostel
Gangwar inaugurates garment unit, hostel
22
Jan '16
Textiles Minister Santosh Gangwar inaugurated the Palladam Hi-tech Weaving Park (PHWP) Hostel Block in Tamil Nadu for textile workers under Scheme for Textile Industry Workers’ Accommodation (STIWA) and an apparel manufacturing unit of Bannari Amman Spinning Mills Limited under Scheme for Textile Industry Workers’ Accommodation (SAGAM), The Southern India Mills’ Association (SIMA) said in a press release.

Gangwar also laid the foundation stone for apparel manufacturing unit of BKS Textiles Pvt Limited under Scheme for Additional Grant for Apparel Manufacture (SAGAM).

The Central Government provides 50 per cent subject to a maximum of Rs.3.00 crores grant under STIWA for workers’ hostel and 40 per cent subject to a maximum of Rs.10.00 crores grant under SAGAM for establishing garmenting units in Scheme for Integrated Textile Parks (SITP) parks to encourage value addition and create new jobs.

After visiting the park, the Gangwar appreciated the facilities provided in the park and also excellent team work of the members of PHWP. Prior to the inauguration, M.Senthilkumar, Chairman and Managing Director of Palladam Hi-Tech Weaving Park made a presentation to the Minister highlighting the features and progress of the park. Senthilkumar is also the Chairman of SIMA.

The Palladam Hi-tech Weaving Park, Palladam was the first park to be developed under SITP of the Textiles Minister by availing 40 per cent grant from Central Government and 9 per cent grant from State Government. The park houses 90 factories with world class infrastructure facilities including uninterrupted power supply through dedicated feeder (currently cheaper by Rs.1.10 per unit), water supply, training centre, hostel facilities for the workers and all other infrastructure facilities. The Palladam cluster has around 1.5 lakh looms and provides direct jobs to over three lakh people.(SH)

Fibre2Fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

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

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

news category


Related Categories:
March 2017

March 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