Related Keywords: applied to set up manufacturing units, Chinese company, delegation of industrialists to meet, four national level companies, interest to invest, proximity of US Nagar to neighbouring, State Industrial Development Corporation of Uttarakhand Limited, surplus ground table water, textile industry of Uttarkhand, Uttarkhand textile park
A Chinese company has evinced interest in investing Rs600 crore in 35 acres in the textile park at Sitarganj in Udham Singh Nagar in the state. This is likely to help the textile industry of Uttarakhand take a major growth.
According to experts, surplus ground table water in Sitarganj and proximity of US Nagar to neighbouring countries like Nepal and China have attracted industrialists to the textile park. Another advantage is its border with Uttar Pradesh and good transportation facility to other parts of the country.
