Uttarakhand earmarks land for textile park

20 Jan '16

2 min read

In a boost to the textile industry in Uttarakhand, the state government has earmarked over 103 acres for the establishment of the long promised textile park at the State Infrastructure and Industrial Development Corporation of Uttarakhand Ltd (SIDCUL), Sitarganj. The park is to be completed in the current year, said NK Koranga, DGM, SIDCUL, in Rudrapur.

“We have started inviting applications from industrialists for the textile parks at Pantnagar, Sitarganj, Jaspur and Rudrapur towns. The park is to be established in joint venture with the Central government holding 40 per cent share and the industrialists and the state government having the remaining 60 per cent,” said Gaurav Chatwal, Regional Manager, SIDCUL, The Tribune newspaper has reported.

Chatwal said over seven textile manufacturers from across the country had applied to establish their units at SIDCUL, Sitargaj. According to SIDCUL sources, some companies have even identified land to establish their units.

Former Chief Minister Vijay Bahuguna had announced the establishment of the textile park at the Sitarganj SIDCUL in 2012. The then Union Textile Minister Anand Sharma had laid its foundation stone of the project. If the park is established according to plans, every company will be able to create over 3,000 jobs, the report said. (SH)

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