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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

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