This also made several private entities develop cold feet on the parks," said Jain. While 59 textile parks were sanctioned under SITP by the Ministry of Textiles, only 22 have been completed. However, not even half of the textile parks approved in 2005 have been completed yet.Delay in obtaining land and other statutory clearances from state governments and slow fund mobilisation by the textile parks are some of the reasons behind the slow progress of the parks.Chennai: The China Polyester cotton stretch government will be announcing plans to develop 10 mega textile parks for promoting exports in its new National Textile Policy. It will also help the industry attract foreign direct investment.

This will give plug-and-play facilities, including safeguard measures in the labour laws, textile secretary Ravi Capoor said on Thursday during a meeting of the Confederation Indian Textile Industry (CITI)."The government had initially announced funding for the land.According to Sanjay Jain, former chairman of CITI, scale of production is a major problem for the Indian textile industry. However, I am not sure whether this is a priority, as we had mixed success with the textile parks already approved by the government in the past," he said.He said perhaps some of the existing parks could be transformed into mega textile parks, but all parks cannot be upgraded.The Scheme for Integrated Textile Parks (SITP) approved during the 10th Five Year Plan in 2005 has met with limited success.According to him, a bigger necessity for the textile industry is processing parks, with government funded or subsidised common affluent treatment facilities. The rest are under various stages of completion, as per the ministry data. But later on, it removed that incentive..Moreover, it is also felt that the industry badly needs processing parks rather than mega parks at this stage. "Large integrated parks can provide the scale at which other textile producing countries work.The 10 mega integrated textile parks will be developed in 1,000 acres of land closer to the ports

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Pushpa along with the Indian delegation called on Shaoxing Vice Mayor, Xu Mingguang and extended an invitation to Shaoxing City leadership to lead a textile investors delegation to participate at the Textile India 2017 event in Gandhinagar, the statement said.The road show titled Textile India 2017 was organised to spread awareness amongst Chinese Textile companies about the upcoming mega textile event in Gandhinagar from June 30-July 2, 2017, a statement issued by the China two way stretch fabric Consulate said.A four-member delegation led by Pushpa Subrahmanyam, Additional Secretary, Ministry of Textile along with Chairman, The Cotton Textiles Export Promotion Council (TEXPROCIL) and a Confederation of Indian Industry (CII) representative participated in an event held yesterday organised by Indian Consulate in Shanghai along with Shaoxing Municipal Peoples Government.Beijing: India has organised a road show at Chinas textile hub Shaoxing, detailing the investment oppurtunities in fabrics, machinery and yarn sectors in the country to about 120 Chinese textile firms..Shaoxing (located in Zhejiang Province) was chosen as the location for the road show, as it is one the largest textile manufacturing and trading hubs in eastern China.

Prime Minister Narendra Modi is likely to inaugurate the event, it said.About 120 textile companies from fabrics, machinery and yarn sector participated at the Shaoxing Roadshow, Prakash Gupta, Consul General of the Indian Consulate in Shanghai said in the statement.Several textile companies from Shaoxing have investments and business interests in India, including a 2000 strong Indian textile trading community that is also based out of the city.The Gujarat event will, for the first time, mark the positioning of an annual textile trade event in India on the annual calendar of global trade events.A detailed presentation on the overall scope, scale and participation guidelines for Chinese companies was made by Pushpa who also answered queries of Chinese companies on issues related to investments in textile practice in India.A series of B2G meetings were also organised after the conclusion of the Business Seminar, during which queries regarding the upcoming event were addressed in detail

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