Related Keywords: Brown Field project, Green Field project, Integrated Processing Development Scheme, Textile processing unit
The government has approved the launching of a new Integrated Processing Development Scheme (IPDS) to establish four to six Brown Field projects and three to five Green Field projects with a total cost of Rs. 500 crore to address the environmental issues faced by the textile processing units. The scheme will provide government support for establishing common infrastructure to catalyse private sector investments in the major processing clusters. The scheme parameters envisage Government support limited to 50% of the project cost with ceiling limit of Rs.75 crore.
