The Union
Minister of Commerce, Industry and Textiles, Shri Anand Sharma launched
21 New Textile Parks approved under Scheme for Integrated Textile Parks (SITP)
here today. These new parks take the total number to 61 parks as 40 Parks were
sanctioned earlier. The
Scheme for Integrated Textiles Parks (SITP) has been instrumental in development
of wide range of models for green field clusters from a 1000 acre FDI driven
integrated cluster, to a 100 acre powerloom cluster and a 20 acre handloom cluster.
Under the scheme, 61 parks have been sanctioned – 40 projects were started in the 11th
Five Year Plan and another 21 projects are to be implemented in the 12th Five Year
Plan. Out of the 40 parks sanctioned earlier, a total of 25 Parks are already operational.
Most of the balance Parks are expected to be completed during this financial
year. The estimated employment generation is over 10 lac persons with total estimated
investment of Rs. 27, 562 crore.
Out of 21 new parks 6 are in Maharashtra, 4 in Rajasthan, 2 each in Andhra Pradesh and Tamil Nadu and 1 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 upto Rs. 10 crores per park for setting up apparel manufacturing units for the projects under the SITP. Necessary action is being taken for implementing the announcement.