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

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Giorgio Mantovani
Corman S.p.A

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

Ashok Desai
Bombay Textile Research Association

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Madhu Jain
Madhu Jain

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

Ritu Kumar
Label Ritu Kumar

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

July 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

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

Yes No

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

Yes No

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


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



X