Browsing: Gokula Indira

A new textile policy is on the anvil and it will lay the roadmap for the sector for the next 15 years, said Union Minister of Textiles Santosh Gangwar after inaugurating the 4th edition of Technotex 2015. Organized by the Ministry of Textiles & FICCI, Technotex 2015 was held at Mumbai, the financial capital of India, between April 9-11, 2015.

The Ministry of Textiles (MoT) had launched a scheme for Integrated Textile Parks (SITP) in 2005 to provide the industry with state-of-the-art world-class infrastructure facilities for setting up of the textile units.

The Ministry of Textiles (MoT) has launched Scheme for Integrated Textile Parks (SITP) in the year 2005 to provide the industry with state-of-the-art world-class infrastructure facilities for setting up of the textile units. The scheme provides 40 per cent of the project cost subject to a ceiling of Rs 40 crore for establishing the park. About 70 textile parks have been benefited out the scheme.