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Home / Knowledge / News / Textiles / SITP scheme to be continued in 11th five year plan

SITP scheme to be continued in 11th five year plan

20
Mar '08

The Government has decided to continue the scheme for Integrated Textiles Parks (SITP) in the 11th Five year Plan, taking into consideration, the response to the scheme and the opportunities for the growth of textile industry in the quota free regime.

The scheme targets industrial clusters / locations with high growth potential, which require strategic interventions by way of providing world-class infrastructure support.

The project cost will cover common infrastructure and buildings for production / support activities (including textiles engineering, accessories, packaging), depending on the needs of the Integrated Textile Park (ITP). There will be flexibility in setting up ITPs to suit the local requirements.

The objectives of the scheme are as follows:
- The Scheme for Integrated Textile Parks (SITP) was launched by merging two schemes, namely, Apparel Parks for Exports Scheme (APES) and the Textiles Centre Infrastructure Development Scheme (TCIDS).

- Primary objective of the SITP is to provide the industry with world-class infrastructure facilities for setting up their textile units. The scheme would facilitate textile units to meet international environmental and social standards.

- SITP would create new textile parks of international standards at potential growth centers. This scheme envisages engaging of a panel of professional agencies for project identification and execution.

- Each Integrated Textile Park (ITP) would normally have 50 units. The number of entrepreneurs and the resultant investments in each ITP could vary from project to project.

More Ministry of Textiles - India News... More Textiles News - India...