Shri Dayanidhi Maran inaugurates Gujarat Eco Textile Park
The Union Minister of Textiles, Shri Dayanidhi Maran addressing at the inaugural ceremony of Gujarat Eco Textile Park at Surat, Gujarat on September 09, 2009.
The Government is actively considering to setup additional 15 parks under the Scheme for Integrated Textile Parks (SITP) at an estimated cost of Rs. 2,000 crore by 2012, said Thiru. Dayanidhi Maran, Union Textiles Minister while inaugurating the Gujarat Eco Textile Park,at Surat , Gujarat today.
The Minister said the Park is the perfect example of industrial growth and environmental sustainability. Every industrial activity produces environmental load which harms the local environment and de-motivate the local population, this project will address these concerns and it will be a beacon light for others projects, said the Textiles Minister.
The Park has been set up in an area of 104 acre, at a cost of Rs. 129 crore, will attract an investment of Rs. 705 crore, and annually produce textiles products worth Rs. 850 crore, and, more importantly, will provide employment to 25,000 people, said the Textiles Minister.
The Textiles Minister said that in August 2005 the Government came out with the Scheme for Integrated Textile Park (SITP) to supplement the efforts of the industry by providing the state-of-the-art infrastructural facilities in textiles growth centres. The Scheme has been a stupendous success, already 40 parks are being set up, which when fully operationalised will attract an investment of Rs. 19,450 crore, annually produce goods worth Rs. 34,000 crore, and, more importantly, will provide employment to 8 lakh people. Out of 40 parks, 7 parks are coming up in Gujarat, including 5 in Surat, at estimated investment of Rs. 3,035 crore, and will provide employment to 1 lakh people, said Thiru. Maran.
Thiru. Maran said that his Ministry had taken several measures in consultation with Ministries of Finance and Commerce & Industry to ameliorate the situation, and the Foreign Trade Policy announced on August 27, 2009, has substantially addressed the concerns of the exporters. For the first time, the largest ever amount of Rs 2,546 crore, as subsidy under Technology Upgradation Fund Scheme (TUFS), has been released in a single tranche and credited to beneficiaries accounts in record 3 days. This has given a positive signal to the industry. The Textiles Minister said that Gujarat with 4,051 applications has been one of the major beneficiary with subsidy of Rs. 275 crore.
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Earlier, in the day, while addressing the Sourthern Gujarat Chamber of Commerce and Industry, Thiru Maran recalled the contribution of Surat's man-made fibre industry in the Indian Textile Sector. With a view to arrive at a balanced approach between man-made and natural fibres, he said the Ministry has already constituted a Working Group for formulating a National Fibre Policy which had already met once. Thiru Maran further said that all stakeholders including Textiles Ministers of all States will also be consulted before finalizing the Policy.
Press Information Bureau