Modernising of textile technology must: Maran
Modernising technology in production processes is necessary for protecting the environment as well as remaining competitive in the globalised textile industry, Union Textiles Minister Dayanidhi Maran said today.Updated: Jul 03, 2010 23:12 IST
Modernising technology in production processes is necessary for protecting the environment as well as remaining competitive in the globalised textile industry, Union Textiles Minister Dayanidhi Maran said in Doddaballapur on Saturday.
Inaugurating Karnataka's first Integrated Textile Park here, set up at an investment of Rs 250 crore, he said that the establishment of modern weaving units in the park would provide jobs for about 8,000 people and serve as a "model for powerloom entrepreneurs in Doddaballapur cluster in particular and Karnataka in general".
"This park presents a huge opportunity in establishing sustainable market linkages with the export-oriented local garment industry, especially as Bangalore is a major garment industry hub in India that exports high quality goods to reputed international buyers," he said
Maran said that his ministry has sanctioned Rs 34 crore of the Rs 85-crore infrastructure cost for the park under the Scheme for Integrated Textile Park (SITP). The balance would be raised by special purpose vehicles, he said.
The Karnataka government has sanctioned Rs 4.32 crore to the park under the Suvarna Vastra Neethi Scheme, he added.
Describing SITP as a major initiative of the ministry to help the industry develop need-based and self-sufficient infrastructure, he said that a total of 40 parks -- including the one here -- have been sanctioned throughout India.
As many as 21 of these parks are already operational, he noted.
These parks will entail a total investment of Rs 20,000 crore and generate employment for five lakh people, Maran said, adding, "There is a huge demand for these parks and the government is now actively considering setting up a few more parks soon."
To encourage the industry, the government has already placed in the public domain a draft national fibre policy that provides a level playing field for the harmonious growth of the textile sector, he said.
The government proposes to roll out a skill-development initiative that aims at training 30 lakh workers over five years at an outlay of Rs 2,200 crore, he said.
First Published: Jul 03, 2010 23:08 IST