Source: The Hindu Business Line, Apr 23, 2013
New Delhi: The 61 textile parks approved under the Scheme for Integrated Textile Parks (SITP) are expected to generate over 10 lakh jobs. These parks will have total estimated investment of Rs 27,562 crore.
Commerce, Industry and Textiles Minister Anand Sharma launched 21 new Textile Parks on Tuesday. With these the total number parks go up to 61.
This scheme has been instrumental in development of wide range of models for greenfield clusters, including 1,000-acre FDI driven integrated clusters, 100-acre powerloom clusters and 20-acre handloom clusters.
Of the 61 parks sanctioned – 40 projects were started in the 11th Plan and another 21 projects are to be implemented in the 12th Plan.
Out of the 40 parks sanctioned earlier, 25 are operational. The others are expected to be completed during this financial year.
Out of 21 new parks, six are in Maharashtra, four in Rajasthan, two each in Andhra Pradesh and Tamil Nadu and one each in Uttar Pradesh, West Bengal, Tripura, Karnataka, Gujarat, Himachal Pradesh and Jammu & Kashmir.
In this year’s Budget speech, the Finance Minister announced an additional amount of up to Rs 10 crore per park for setting up apparel manufacturing units for the projects under the SITP.