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Uttarakhand govt plans to set up three textile parks

Related Keywords: mega textile policy, rebate on the land price, state capital subsidy, textile in Uttarakhand, textile investments, textile parks in Kumaon, textile parks incentives, textile production in india

The Uttarakhand government is planning to set up a series of textile parks in the Kumaon region by offering attractive incentives, which includes a rebate on the land price, besides capital subsidies.

Under mega textile policy, three textile parks in Kashipur, Jaspur and Sitarganj are being set up where a host of incentives will be available to attract new investments.

Industrial output disappointing, textiles appear better in September

Related Keywords: apparel production in india, clothing production in india, index of industrial production, Industrial production in india, textile production in india

The estimates of Index of Industrial Production for the month of September 2013, released by the Central Statistics Office, indicate a disappointing performance of the manufacturing sector during the month. While the general Index was up 2%, manufacturing growth was just 0.6% against the backdrop of the decline of 1.6% recorded in September 2012. Mining output was up 3.3%, higher than 2.2% of last year power generation increased substantially by 12.9% in September 2013 compared to 3.9% of September 2012.

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