Home / Knowledge / News / Textiles / SIMA thanks TN CM for Textile Park grant
SIMA thanks TN CM for Textile Park grant
10
Jan '12
Though the Indian textile industry has its inherent advantages, infrastructure bottlenecks is one of the prime areas of concerns for the weaving and processing sectors which are the weakest link in the entire textile value chain. Therefore, the Government of India launched the Scheme for Integrated Textile Parks (SITP) in July 2005 to create new textile parks of international standards at potential growth centres.

The Scheme had overwhelming response and attracted investments in 30 parks in the 10th Five Year Plan and 10 parks in 11th Five Year Plan and for the 12th Five Year Plan period, 21 parks have already been sanctioned. This scheme provides 40% grant subject to a maximum of Rs.40 crores for infrastructure development including land building, roads, drainage, water supply, electricity, effluent treatment plant, training centre, testing, laboratory, canteen, workers hostel, recreation facilities, marketing support system, etc.

The Central Government also encourages the State governments to give another 9% subject to a maximum of Rs.9 crores grant under the Scheme to further strengthen the facilities. The State Government has considered the proposal positively and sanctioned.

In a Press Release, Mr.S.Dinakaran, Chairman, The Southern India Mills' Association (SIMA) has profusely thanked the Hon'ble Chief Minister of Tamilnadu for sanctioning the State Government subsidy from SITP inspite of severe financial crunch prevailing in the State considering the urgent need for the sustenance of the competitiveness of the Tamilnadu textile industry. Though the Tamilnadu accounts for 1/3rd of the textile business and 47% spinning capacity, the State has severe setback in the weaving and processing sectors due to obsolete technology and pollution issues.

Mr.Dinakaran has stated that the State Government subsidy would encourage consolidation and small & medium powerlooms and processing units in the State and go in for state-of-the-art technology with world class infrastructure facilities.

He has also welcomed the nomination of Director of Handlooms as the single window facilitator for availing and monitoring the scheme. Mr.Dinakaran has stated that out of 40 textile parks coming up in the country eight are in Tamilnadu out of which only one park which is being promoted by SIMA is the dedicated textile processing park with marine discharge facility at Cuddalore.

Mr.S.Dinakaran has appealed to the Hon'ble Chief Minister to nominate the Director of Handlooms as the single window facilitator for getting all clearances from the various State and Central government authorities to expedite the process of implementing the park. He has stated that it has taken more than six years for SIMA to get all the clearances and kick start the park. He has stated that SIMA park would commence the commercial production in a period of 18 months and provide direct and indirect employment to 30,000 people inthe State.

Must ReadView All

Prime Minister Theresa May speaking on the UK government's negotiating objectives for exiting the EU. Courtesy: UK government

Textiles | On 18th Jan 2017

UK to pursue trade agreements with other countries

The United Kingdom will pursue free trade agreements with the EU and...

Courtesy: Alibaba Group

Apparel/Garments | On 18th Jan 2017

Alibaba forges global alliance to fight counterfeiting

Jack Ma led Alibaba Group has forged an alliance with various global...

Information Technology | On 18th Jan 2017

eBIZ 4.0 to digitise European fashion supply chain

eBIZ 4.0 is a new step of eBIZ, the public-private initiative that...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Yash P. Kotak
Bombay Hemp Company

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
January 2017

January 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