Centre to set up 7 new textile parks in India

PrashantNews

The central government on Friday said it has approved seven new textile parks in India with an investment of Rs 4445 crore.

The new textile parks will be set up in Virudhnagar in Tamil Nadu, Warangal in Telangana, Navasari in Gujarat, Kalaburagi in Karnataka, Dhar in Madhya Pradesh, Lucknow in Uttar Pradesh and Amaravati in Maharashtra, said Union Minister of State for Textiles Pabitra Margherita in a written reply to a question in Rajya Sabha.      

With a view to enhance investments, generating employment opportunities and boosting exports in the textile sector, the Minister said the government has implemented the Scheme for Integrated Textile Park (SITP) to provide support for setting up textile parks with world-class, state-of-the-art infrastructure in textile hubs across the country.

The SITP is now subsumed under the umbrella Scheme of Textile Cluster Development Scheme (TCDS) for operation of ongoing projects only.

Two textile parks were sanctioned for the state of West Bengal. An outlay of Rs.56.85 crore has been released by the Textiles ministry under SITP scheme for West Bengal in this regard.

Meanwhile, the overall exports of Textiles and Apparel Industry (including Handicrafts), achieved a growth of 5% during 2024-25 (USD 37,754 Mn) as compared to preceding year 2023-24 (USD 35,874 Mn.).

By Shishir Prashant

Shishir Prashant is a senior journalist having vast experience working in prestigious media organizations like PTI, Business Standard, Deccan Herald and Kashmir Times

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