Home / Knowledge / News / Textiles / Punjab to attract textile sector with incentives
Punjab to attract textile sector with incentives
Jul '11
The Punjab government would introduce an all-inclusive incentive package for textile sector in the State, to attract investments for establishment of integrated textiles parks.

State Industry Minister Tikshan Sud said under the package, the State has resolved to subsidise 50 percent market fee, infrastructure cess and rural development fund on cotton purchase for 10 years from the date on which the textile units become operational.

The Minister said that textile parks that have integrated production facilities, i.e. which can support processing from cotton to garments are being established in districts of Mansa, Mukatsar, Bhatinda, Faridkot, Sangrur, Firozpur and Barnala, at a capital investment of around Rs. 2.5 billion.

He further said that this special incentive would draw considerable investment to the textile industry and would even ensure good returns for cotton cultivators.

The State government would also allow the textile project promoter to use 10 percent of the land for commercial use without charging any additional development charges, license fee, or payment for change of land use.

The Minister even stated that the government, for the purpose, has already marked huge land plots in Mansa, Firozpur and Bhatinda districts, which could be bought by the companies willing to set up textile parks in the State.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search