Home / Knowledge / News / Textiles / Jute Development Centre seeks land to set up park
Jute Development Centre seeks land to set up park
18
Jan '10
Andhra Pradesh Jute Development Centre Limited (APJDC), which is an organization working exclusively for the promotion of Jute Parks in the state of Andhra Pradesh, has sought 150 acres of land from the government in Visakhapatnam district.
According to the Vice Chairman and Managing Director, APJDC Mr. BV Rama Rao, the AP Industrial Infrastructure Corporation has already short-listed land at Sabbavaram mandal in Vizag district.

The Jute Park in this district is among the six parks, which are a part of textile ministry's decision to encourage diversified jute products. Following allocation of land by the state government, APJDC will spend Rs. 1 billion for infrastructure and development, said Mr. Rao.

Central government will provide Rs. 0.4 billion for the park, which will attract investments of Rs. 5 billion on completion. It will receive power from government of Andhra Pradesh at a subsidized rate of Rs 0.70 per unit. The government will also reimburse stamp duty on land registration and offer three percent rebate on interest on loans, he added.

A six months training would be imparted to the prospective entrepreneurs by APJD for producing diversified products of Jute. Also, it will offer financial assistance through banks, supply raw material and market finished products' in domestic as well as in international market, informed Mr. Rao.

Fibre2fashion News Desk - India


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: 2XU

Apparel/Garments | On 15th Dec 2017

L Catterton Asia announces JV of GXG and 2XU

L Catterton Asia, the Asian unit of the largest and most global...

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Erik Sy

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kerem Durdag
Biovation II LLC

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

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Aditi Somani
Aditi Somani

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

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search