;
Home / Knowledge / News / Textiles / CSIDC to develop integrated textile park near Raipur
CSIDC to develop integrated textile park near Raipur
13
Mar '15
courtesy: CSIDC
courtesy: CSIDC
The Chhattisgarh State Industrial Development Corporation (CSIDC), functioning under the aegis of the Government of Chhattisgarh, has proposed development of an Integrated Textile Park at Tilda, near the state capital city of Raipur, to boost investment in textile manufacturing sector in the state.
 
CSIDC said it intends to develop the textile park on 32 hectare area as per Scheme of Integrated Textile Park (STIP) of the Ministry of Textiles, Government of India. The Indian government’s support under the STIP by way of Grant of Equity will be limited to 40 per cent of the project cost subject to a ceiling of Rs 40 crore.
 
To make the integrated textile park a reality, the CSIDC has invited expressions of interest (EOI) from entities, joint ventures, and consortiums having experience in textile manufacturing or intending to venture into textile manufacturing sector. The companies showing EOI would become part of Special Purpose Vehicle (SpV) formed by CSIDC specifically for the development, operation and management of Integrated Textile Park.
 
The proposed textile park, to be set up at an estimated cost of Rs 110 crore, would have ginning and pressing, spinning, weaving, processing, and garmenting facilities.
 
It is aimed at providing one stop integrated facilities with manufacturing support, welfare and common infrastructure facilities to the prospective textile industries. The proposed textile park is envisaged to house world class eco system for textile industry, CSIDC said in its project report.
 
The Chhattisgarh government has declared textiles as a priority sector in its industrial policy. The state produces tassar cocoons, yarn and fabrics. Silk products from state are famous for its quality and have good demand in domestic and export markets. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Anthesis Group takes over key assets of Made-By

Apparel/Garments | On 20th Jan 2019

Anthesis Group takes over key assets of Made-By

Anthesis Group, the global sustainability and solutions provider, has ...

ZDHC signatory brands share tools on screened chemistry

Apparel/Garments | On 20th Jan 2019

ZDHC signatory brands share tools on screened chemistry

ZDHC signatory brands - Levi Strauss & Co, Nike, H&M and C&A – are...

Courtesy: Global fashion agenda

Apparel/Garments | On 20th Jan 2019

ASOS, PVH become partners to Global Fashion Agenda

ASOS and PVH Corp are becoming part of the Global Fashion Agenda’s...

Interviews View All

Milind Khandwe, Hindoostan Innovation Centre

Milind Khandwe
Hindoostan Innovation Centre

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

Pratik Bachkaniwala, Palod Himson Machines

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Yash Jain & Sanjeev Jain,

Yash Jain & Sanjeev Jain

Divyam Export, launched about 30 years ago, exports to 15 countries,...

Abhishek Dhanuka,

Abhishek Dhanuka

Vyom International Pvt Ltd, established in 2002, is one of Surat's leading ...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

Robert Brunner, Devereux

Robert Brunner
Devereux

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

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

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

Leave your Comments


January 2019

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

news category


Related Categories:

Advanced Search