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Maran seeks sanction to establish 15 more Textiles Parks
06 May '10
1 min read
The Ministry of Textiles has urged the Finance Ministry, to permit them to establish 15 additional Integrated Textiles Parks (SITP) in the country.
According to the Textile Minister, Dayanidhi Maran, under the SITP, initially only 40 textile park projects were sanctioned. But, with the urgency of promoting the textile industry, a proposal has been sent to the finance ministry to allow establishment of 15 more parks.
While the proposal is still under consideration by the finance ministry, Maran informed that, the permission to establish 40 textile parks was given for the 10th and 11th Plan of which, 17 are already operational.
According to the Textile Minister, Dayanidhi Maran, under the SITP, initially only 40 textile park projects were sanctioned. But, with the urgency of promoting the textile industry, a proposal has been sent to the finance ministry to allow establishment of 15 more parks.
While the proposal is still under consideration by the finance ministry, Maran informed that, the permission to establish 40 textile parks was given for the 10th and 11th Plan of which, 17 are already operational.
Fibre2Fashion News Desk - India
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