Home / Knowledge / News / Textiles / Integrated textile park goes operational in North India
Integrated textile park goes operational in North India
30
Jul '13
Lotus Integrated Texpark, the first textile park to be set up in North India under the Central Government’s Scheme for Integrated Textile Park (SITP), has been inaugurated by Textiles Minister K Sambasiva Rao at Dhaula village in Punjab’s Barnala district.
 
The park, spread over an area of 100 acres, has been set up under the public-private partnership (PPP) mode by the Trident Group.
 
An investment of about Rs. 6 billion has already been made at the Lotus textile park for setting up of seven units, including units for mélange yarn spinning, fibre dyeing, terry towels, bathrobes, fabric dyeing and cutting, stitching and packing.
 
The textile park has created direct employment opportunities for 1,500 persons, while creating indirect employment opportunities for another 2,000 persons.
 
Speaking after the inauguration, Mr. Rao said the state of Punjab has contributed a lot in terms of food grains, and now it should take advantage of the Union Government’s schemes for promotion of the textile industry.
 
He listed several initiatives floated by the Central Government, like giving capital subsidy, rebates, and other benefits, for supporting the textile industry.
 
He also announced setting up of a Rs. 100 million Apparel Training and Design Centre in Barnala for imparting textile-related skills to 1,000 local people every year.
 
Punjab’s Deputy Chief Minister Sukhbir Singh Badal said the Malwa belt of the state was a textile hub, and hence to enhance the quality of cotton crop grown in the region, the Centre should set up a special cotton research and development centre for the region.
 
Mr. Badal sought three additional textile parks for the state, and said the state government would come out with a special package for the textile sector, if the three textile parks are sanctioned by the Central Government.
 
Trident Group chairman Rajinder Gupta said the planned investment outlay for the Lotus textile park is Rs. 8.5 billion, which envisages setting up a total of 10 units, out of which seven have been approved under the SITP and have now become functional.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Lynda Kelly
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Bani Batra

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search