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

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search