October 13, 2022
This will give plug-and-play facilities
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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