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 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

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

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

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

Pranav Mishra
Huemn

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

Ritu Kumar
Label Ritu Kumar

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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