The long promised textile park at SIDCUL, Sitarganj to be completed in the current year for which over 103 acres land have been earmarked, said NK Koranga, DGM, SIDCUL, at Rudrapur today.

The establishment of the textile park at the Sitarganj SIDCUL in 2012 had been announced by the Former Chief Minister Vijay Bahuguna. While the foundation stone for the textile park had been laid by Union Textile Minister Anand Sharma in the presence of Bahuguna.

If the park is established well, every company will create over 3,000 jobs.

The park is to be established in joint venture with the Central government holding 40 percent share and the industrialists and the state government having the remaining 60 percent. Over seven textile manufacturers from across the country had applied to establish their units at SIDCUL, Sitargaj, said Gaurav Chatwal, Regional Manager, SIDCUL.

SIDCUL sources said that some companies have even identified land to establish their units.

SIDCUL have started inviting applications from industrialists for the textile parks at Pantnagar, Sitarganj, Jaspur and Rudrapur towns.