Home / Knowledge / News / Textiles / Indian govt invites proposals for setting up textile parks
Indian govt invites proposals for setting up textile parks
09
Jun '14
The Ministry of Textiles, Government of India, is inviting proposals from Industry Associations/Groups of Entrepreneurs /Special Purpose Vehicles (SPVs) for setting up of Integrated Textile Parks (ITPs) under the Scheme for Integrated Textiles Park (SITP) during the remaining part of the 12th Five Year Plan (April 2012 – March 2017).
 
For the ITPs, Government funding will be 40 percent of the project cost with a ceiling of Rs. 40 crores. For special category states, the funding will be 90 percent subject to ceiling of Rs. 40 crores.
 
SITP is being implemented by the Ministry of Textiles with an objective to provide world class infrastructure facilities for setting up textile units. The scheme facilitates textile units to meet international environmental and social standards. Industry Associations/Groups of Entrepreneurs are the main promoters of the ITPs.
 
Interested Industry Associations/Groups of Entrepreneurs/SPV can submit their proposal for setting up an ITP under the Scheme through any of the empanelled PMCs to Shri R. K. Srivastava, Under Secretary (SITP), Ministry of Textiles, 339-B, Udyog Bhavan, New Delhi latest by 5:00 P.M on 
7th July 2014.
 
Government of India has empanelled Project Management Consultants (PMCs) for identification of project, preparation of DPR and project implementation.
 
Click here for the list of PMCs, detailed guidelines and selection criteria.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

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

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

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Rupa Sood and Sharan Apparao
Nayaab

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

Judy Frater
Somaiya Kala Vidya

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

Igor Chapurin
Chapurin

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

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:
July 2017

July 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