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Hosiery Park at Howrah to generate 20,000 jobs
25 Apr '09
3 min read
West Bengal Hosiery Park Infrastructure Limited (WBHPIL), a hosiery and textile park with an investment of Rs. 1 billion is coming up at Howrah district in Kolkata. WBHPIL is expected to provide direct or indirect jobs to over 20,000 people.
Apart from this, this hosiery and textile park will provide high-tech training as well as manufacturing facilities to more than 250 small and medium size units. WBHPIL has purchased 325 acres of land for setting up the park, where already 200 small and medium size units have booked plots at a cost of Rs. 22 lakh per acre.
Only 10 percent of the total land remains unoccupied yet, which can accommodate more 10 to 20 units. According to the experts, only 10 percent of the total numbers of units in the state have got a place in the park. When the park will start its operations in full swing, it will be housing 250-300 SME units.
It is expected that the park will start its operations by the end of current year. Kolkata has more than 2,500 hosiery units including some big brands such as Amul, Lux and Rupa. About 90 percent of these 2,500 hosiery units are SME hosiery units which particularly cater to the domestic market.
There had not been any noticeable effect of economic slowdown on these units but because of the low productivity the overall earnings were affected, said experts. The annual production of all these hosiery units is worth Rs. 20 billion, which is comparatively lower than that of Tirupur.
Tirupur exports hosiery goods worth Rs.100 billion also supplies these goods to the domestic market worth Rs. 20 billion. Experts said that as compared to Tirupur, West Bengal lacks in infrastructure and training, which results into the lower labour productivity but the upcoming textile park, will be fully equipped with all the necessary facilities.
Separate training and manufacturing centres will be set up for skilled and unskilled workers. This is a 125-acre textile park, which is being developed as a special cluster zone. This hosiery and textile park at Howrah is modeled on Tirupur in Tamil Nadu, which has country's largest hosiery and textile cluster.
Under the Central government's Scheme of Integrated Textile (SITP), Rs. 400 million has been sanctioned for this park as well and a file which had been put up to avail of grants has also been approved. . A grant of Rs. 400 million has been allotted for the park and will be given out after the elections.
The state government is now taking special interest in the hosiery and textile sector and looking to buy unused properties of closed units in the state for this sector. The state government has recently inaugurated a state-of-the-art textile and garment park named Paridhan. This park is expected to generate over 8,000 direct and 24,000 indirect employment opportunities, when it starts its operations.
Apart from this, this hosiery and textile park will provide high-tech training as well as manufacturing facilities to more than 250 small and medium size units. WBHPIL has purchased 325 acres of land for setting up the park, where already 200 small and medium size units have booked plots at a cost of Rs. 22 lakh per acre.
Only 10 percent of the total land remains unoccupied yet, which can accommodate more 10 to 20 units. According to the experts, only 10 percent of the total numbers of units in the state have got a place in the park. When the park will start its operations in full swing, it will be housing 250-300 SME units.
It is expected that the park will start its operations by the end of current year. Kolkata has more than 2,500 hosiery units including some big brands such as Amul, Lux and Rupa. About 90 percent of these 2,500 hosiery units are SME hosiery units which particularly cater to the domestic market.
There had not been any noticeable effect of economic slowdown on these units but because of the low productivity the overall earnings were affected, said experts. The annual production of all these hosiery units is worth Rs. 20 billion, which is comparatively lower than that of Tirupur.
Tirupur exports hosiery goods worth Rs.100 billion also supplies these goods to the domestic market worth Rs. 20 billion. Experts said that as compared to Tirupur, West Bengal lacks in infrastructure and training, which results into the lower labour productivity but the upcoming textile park, will be fully equipped with all the necessary facilities.
Separate training and manufacturing centres will be set up for skilled and unskilled workers. This is a 125-acre textile park, which is being developed as a special cluster zone. This hosiery and textile park at Howrah is modeled on Tirupur in Tamil Nadu, which has country's largest hosiery and textile cluster.
Under the Central government's Scheme of Integrated Textile (SITP), Rs. 400 million has been sanctioned for this park as well and a file which had been put up to avail of grants has also been approved. . A grant of Rs. 400 million has been allotted for the park and will be given out after the elections.
The state government is now taking special interest in the hosiery and textile sector and looking to buy unused properties of closed units in the state for this sector. The state government has recently inaugurated a state-of-the-art textile and garment park named Paridhan. This park is expected to generate over 8,000 direct and 24,000 indirect employment opportunities, when it starts its operations.
Fibre2fashion News Desk - India
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