Home / Knowledge / News / Textiles / Textiles Minister urges Odisha to apply for Textile Park
Textiles Minister urges Odisha to apply for Textile Park
24
Jan '15
Union textiles minister, Santosh Gangwar has urged the Odisha government to submit a proposal to set up a Textile Park.

The minister said this while attending the National Workshop on Promotion of Handloom with Fashion being held in Bhubaneswar.

He said priority on allotment of Textile Parks would be given to states, which currently did not have any of them in their state.

Currently, there are 61 textile parks in the country and the Union Ministry plans to set up 13 more in the 12th Five Year Plan.

"Though the textile parks were earlier being developed under private initiative, the Centre now has changed guidelines in order to encourage state governments to come up with proposals," he said.

Under the integrated Textile Park scheme, the Centre grants a subsidy amount of 40 per cent subject to a ceiling of Rs 40 crore.

According to Gangwar, if a Textile Park is set up at an investment of Rs 100 crore, it can generate jobs for 2,500-3,000 people.

"Though there are 63 textile parks across the country, Odisha does not have one, so the Centre will like to see a Textile Park beings set up in the state," he added.

“The textile sector offers good prospects for the economy and employment opportunities, Gangwar said.

Recently the Textiles Ministry had announced that it would receive applications for the Textile Parks till February 15. (AR)

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Top executives
Textile industry

Overall, Union budget 2018-19 is very balanced

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Mohammad Hassan
Biax Fiberfilm

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search