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 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Lynda Kelly
Suominen Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Marten Alkhagen
Swerea IVF AB

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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