Proposals called for setting up an integrated textile park in Visakhapatnam

The Government of India plans to set up an Integrated Textile Park in Visakhapatnam. The cost of the park is estimated to the tune of about Rs.200 to 250 crore on plants and machinery.

In this regard, Government has invited proposals from the Industry Associations, Group of Entrepreneurs or Special Purpose Vehicles (SPVs) for setting up an Integrated Textile Park under the Scheme for Integrated Textiles Park (SITP) during the remaining part of the 12th Five Year Plan (2012-2017).

According to the Central government proceedings, Visakhapatnam collector has been informed by the Director of Handloom and Textiles and Development Commissioner of Apparel Exports Parks, Hyderabad, to contact the prospective investors and entrepreneurs in the district to set up the ITP and submit the detailed project reports through Project Management Consultants.

The general manager of district industries centre-Visakhapatnam, has directed the prospective investors and entrepreneurs to submit the DPRs through the Project Management Consultants to ‘RK Srivastava, Under Secretary ( SITP), Ministry of Textiles, 339-B Udyog Bhavan, New Delhi’, by July 7.

The prospective investors and entrepreneurs can visit the website: www.texmin.nic.in for any further guidelines on this subject.

Recent Posts

Swisstulle advances dyeing efficiency with JigMaster

Swisstulle adopted JigMaster for its dyeing and finishing operations, especially for high-quality technical textiles used in fashion and automotive industries.

3 days ago

Birla Cellulose and Circ partner to scale textile recycling

Birla Cellulose, a leader under the Aditya Birla Group, has announced a long-term partnership with Circ, a U.S.-based textile recycling…

3 days ago

CARBIOS unveils enzymatically recycled polyester t-shirt

CARBIOS has collaborated with leading brands Patagonia, PUMA, Salomon etc. to create a groundbreaking polyester garment made entirely from textile…

3 days ago

Yangi launches sustainable fiber-based food tray

Yangi, renowned for its renewable packaging solutions, has launched a fiber-based food tray as a sustainable alternative to plastic trays…

3 days ago

Tarpaulife Project develops alternative to PVC-coated fabrics

The European Tarpaulife Project is working on polyolefin-coated fabrics, such as polyethylene, that can be manufactured to compete with PVC-coated…

3 days ago

Better Cotton to standardise measurements for cotton production

Better Cotton has joined the global non-profit alliance, Cascale, in a three-year project aimed at standardising LCA methods across the…

3 days ago