• Linkdin

Odisha yet to submit plan for textile parks

25 Jun '16
2 min read

Textiles Minister Santosh Gangwar has said that Odisha is yet to take any initiative for setting up two integrated textile parks at Choudwar and Bhadrak.

At a media conference in Bhubaneswar, Gangwar said that although the Textiles Ministry has sanctioned 24 new textile parks for 11 States under the scheme for integrated textile parks (SITP) in the last two years, the Odisha Government has not submitted any proposal.

“We have not received any proposal from Odisha Government so far. We have been asking the States to send their proposals and will certainly consider, if any proposal comes from Odisha,” Gangwar said.

He said 24 new textile parks with a potential investment of Rs 4,500 crore have been sanctioned in the last two years.

The project cost under the scheme will be funded through a mix of equity or grant from the Ministry. The Central Government support is limited to 40 per cent of the project cost with a maximum ceiling of Rs 40 crore for parks. Apart from providing land for the textiles park, infrastructure development with common facility is the responsibility of the State Government concerned.

In 2015, Chief Minister Naveen Patnaik had announced that two integrated textile parks woud be set up at Cuttack and Bhadrak. The SITP has been simplified and re-oriented towards less industrialised States, Gangwar said, pointing out that only 60 textile parks were established by the UPA Government during the last 10 years. (SH)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search