Home / Knowledge / News / Textiles / Shri Dayanidhi Maran inaugurates Gujarat Eco Textile Park

Shri Dayanidhi Maran inaugurates Gujarat Eco Textile Park

09
Sep '09
The Union Minister of Textiles, Shri Dayanidhi Maran addressing at the inaugural ceremony of Gujarat Eco Textile Park at Surat, Gujarat on September 09, 2009.
The Government is actively considering to setup additional 15 parks under the Scheme for Integrated Textile Parks (SITP) at an estimated cost of Rs. 2,000 crore by 2012, said Thiru. Dayanidhi Maran, Union Textiles Minister while inaugurating the Gujarat Eco Textile Park,at Surat , Gujarat today.

The Minister said the Park is the perfect example of industrial growth and environmental sustainability. Every industrial activity produces environmental load which harms the local environment and de-motivate the local population, this project will address these concerns and it will be a beacon light for others projects, said the Textiles Minister.

The Park has been set up in an area of 104 acre, at a cost of Rs. 129 crore, will attract an investment of Rs. 705 crore, and annually produce textiles products worth Rs. 850 crore, and, more importantly, will provide employment to 25,000 people, said the Textiles Minister.

The Textiles Minister said that in August 2005 the Government came out with the Scheme for Integrated Textile Park (SITP) to supplement the efforts of the industry by providing the state-of-the-art infrastructural facilities in textiles growth centres. The Scheme has been a stupendous success, already 40 parks are being set up, which when fully operationalised will attract an investment of Rs. 19,450 crore, annually produce goods worth Rs. 34,000 crore, and, more importantly, will provide employment to 8 lakh people. Out of 40 parks, 7 parks are coming up in Gujarat, including 5 in Surat, at estimated investment of Rs. 3,035 crore, and will provide employment to 1 lakh people, said Thiru. Maran.

Thiru. Maran said that his Ministry had taken several measures in consultation with Ministries of Finance and Commerce & Industry to ameliorate the situation, and the Foreign Trade Policy announced on August 27, 2009, has substantially addressed the concerns of the exporters. For the first time, the largest ever amount of Rs 2,546 crore, as subsidy under Technology Upgradation Fund Scheme (TUFS), has been released in a single tranche and credited to beneficiaries accounts in record 3 days. This has given a positive signal to the industry. The Textiles Minister said that Gujarat with 4,051 applications has been one of the major beneficiary with subsidy of Rs. 275 crore.

My new mantra for the textiles sector is 'manufacture in India, sell in India and make money in India', keeping this in view, Click here for more details.

Earlier, in the day, while addressing the Sourthern Gujarat Chamber of Commerce and Industry, Thiru Maran recalled the contribution of Surat's man-made fibre industry in the Indian Textile Sector. With a view to arrive at a balanced approach between man-made and natural fibres, he said the Ministry has already constituted a Working Group for formulating a National Fibre Policy which had already met once. Thiru Maran further said that all stakeholders including Textiles Ministers of all States will also be consulted before finalizing the Policy.

Press Information Bureau


Must ReadView All

Pic: Shutterstock

E-commerce | On 18th Aug 2019

E-commerce sales grow faster in rural China in H1

Rural China saw faster growth in e-commerce sales compared to urban...

Pic: Steve Madden

Apparel/Garments | On 18th Aug 2019

Steve Madden acquires Italian footwear brand Greats

Steve Madden, a designer and marketer of fashion footwear and...

Pic: Shutterstock

Retail | On 18th Aug 2019

For every US retailer closing stores, 5 are opening: IHL

More than five retail chains are opening stores for every retailer...

Interviews View All

Jim Desai, Blaiva Fabricaa

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Pinkesh Jain, Everflow Petrofils Ltd

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Awen Delaval, Samatoa

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Farheen B Rahman & Priti Jain,

Farheen B Rahman & Priti Jain

Founded by business-designer duo <b>Priti Jain and Farheen Rahman</b>,...

Ravi Kant Prakash,

Ravi Kant Prakash

A crucial role in the process of fabric manufacturing is played by the...

Puneet Jain & Yatin Jain,

Puneet Jain & Yatin Jain

Odhni is an indutva or ethnicwear brand started in 1999 by the Jain...

Larry L Kinn, Suominen Corporation

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Johan Berlin, Investkonsult Sweden AB

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Aneeth Arora, Péro

Aneeth Arora
Péro

The Woolmark Company has partnered with handmade fashion label Péro and...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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


August 2019

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

news category


Related Categories:

Advanced Search