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Indian Textile Journal
Home » Bengal invites investors for setting up power looms
Industry Update

Bengal invites investors for setting up power looms

By September 9, 20212 Mins Read
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Kolkata, West Bengal

The Mamata Banerjee government is
inviting investors to set up power looms and other textile related industries
at the upcoming Integrated Textile Park at Ashoknagar and Banipur of Habra in
North 24-Parganas.

There
is a requirement of around 7,200 million square metres, including 3,200 million
square metres only in the garment sector, and woven clothes annually in the
state. But at present only 300 million square metres is produced in Bengal in a
year. As a result, the production-consumption gap compels import of fabric from
other states.

Identifying
that there is a scope of immediate installation of about 1.50 lakh power looms
in the state, all necessary moves have been taken to attract investment in the
sector by setting up power looms, spinning mills, wet processing (dying),
garmenting industries at the West Bengal Small Industries Development
Corporation Limited’s (WBSIDCL) Integrated Textile Park at Ashoknagar and
Banipur.
WBSIDCL,
under the state Micro, Small and Medium Enterprises and Textiles Department
(MSME and T) is developing the basic infrastructure of the parks situated on
either side of Jessore Road. There is even provision to provide plots of more
area, in case of valid requirement.

Source: millennium post

Image
Source: Google Images

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