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CCEA approves IPDS for textile processing units in India
31
Oct '13
The Cabinet Committee on Economic Affairs (CCEA) has approved the launching of a new Integrated Processing Development Scheme (IPDS) during the 12th Five Year Plan (2012-17) and to establish four to six brown field projects and three to five green field projects addressing the environmental issues faced by textile processing units in India.
 
The new scheme has been given a corpus of Rs. 5 billion, and the eligible projects under the scheme would cover common effluent treatment plants (CETPs); captive power generation on technology, preferably renewable/green technology; infrastructure such as storm water management, necessary roads and pipelines for water & wastewater; and facility for testing and R&D centres.
 
IPDS will facilitate the Indian textiles industry become globally competitive using environmentally friendly processing standards and technology and create new processing parks.
 
The new scheme will support the upgradation of existing processing clusters/centres, specifically in the area of water and waste water management and also encourage research and development work in the textiles processing sector.
 

Fibre2fashion News Desk - India


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