Home / Knowledge / News / Textiles / CCEA to continue SITP during 11th Plan
CCEA to continue SITP during 11th Plan
08
Mar '08
The Cabinet Committee on Economic Affairs gave its approval to the following:

(i) The Scheme for Integrated Textiles Parks (SITP) will be continued in the 11th Five Year Plan.

(ii) Sanctioning of 10 new parks under SITP

(iii) To continue the existing norms for release of Government support.

Development of additional textiles parks will facilitate additional investment, employment generation and increase in textile production.

As per the target for the 10th Five year Plan, 30 Textiles Projects have been approved with an estimated project cost of Rs.2893.42 crore of which GOI assistance under the scheme would be Rs.1054.76 crore.

Statewise- sanction of projects is Andhra Pradesh (4), Gujarat (7), Karnataka (1), Maharashtra (6), Punjab (1), Rajasthan (4), Tamil Nadu (6) and West Bengal (1).

The estimated investment in these parks is Rs.15,258 crore and estimated annual production is Rs.24,000 crore. Estimated employment generation is more than 5.45 lakh. These parks are expected to be operational by March 2009.

Press Information Bureau Government of India

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Mohammad Hassan
Biax Fiberfilm

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search