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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

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