Home / Knowledge / News / Textiles / Ministry of Textiles hosts SITP road show in Ahmedabad
Ministry of Textiles hosts SITP road show in Ahmedabad
03
Dec '10
Courtesy -PIB
Courtesy -PIB
The Ministry of Textiles has extended the 'Scheme for Integrated Textile Parks' in India and as an endeavour to publicize the same, hosted a road show in Ahmedabad today at the auditorium of the Ahmedabad Textile Research Association (ATIRA) in Ahmedabad.

In attendance were the chief guest; Ms Panabaaka Lakshmi – Minister of State for Textiles, Mr Srinivasan – Joint Secretary, Ministry of Textiles, Mr AB Joshi, Textiles Commissioner and Ms Muktanidhi Samnotra – Director, Ministry of Textiles and captains of industry and representatives of Textile Parks and project consultants.

Mr Srinivasan began the session by giving details about the success of the SITP scheme in which projects around Rs 41.33 billion have been sanctioned of which Rs 8 billion have been sanctioned for Gujarat alone. He also considered the implementation of the schemes as excellent in Gujarat, which has prompted two other proposals from the state.

He was full of optimism about the new extended scheme and exhorted all present to take advantage of the scheme and invest in setting up of new Textile Parks.

The next speaker was Mr AB Joshi, who informed that the SITP scheme in its previous avatar was mainly based on increasing the number of parks across India, while the new extended scheme was focusing more on the financial viability.

Since production of textiles has shifted to Asia, he hoped that the extended SITP scheme would help bring growth into the Indian textile sector, by attracting domestic and foreign investments.

Presentations were also given by Mr Ravishankar Raman – Executive Director, IL&FS, Ravichandran Iyer – Director – Mundra Textile Park, Mr Girish Luthra – Director, Eco-textile Park and Mr Mayur Suchak – Managing Director, Magus Consulting on the viabilities of setting up a Textile Park.

Ms Panaabaka Lakshmi spoke about as how the SITPs had helped entrepreneurs come together on a common platform and in the process helped reduce costs across the whole textile value chain and also created new employment opportunities.




Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Apparel/Garments | On 19th Jan 2017

Asahi Kasei to display sustainable fibre at trade shows

Asahi Kasei, specialty Japanese fibre producer, will be displaying...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Pranav Mishra
Huemn

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
January 2017

January 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