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National workshop on textiles to make SITP scheme more effective

Updated: Apr 09, 2015 12:49:39pm
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Surat, Apr 9 (KNN) With an aim to make Scheme for Integrated Textile Parks (SITP) more effective, the Ministry of Textiles, in line with Prime Minister Narendra Modi’s vision of ‘Make in India’, organised a two-day national workshop in Surat today.

SITP aims to fill infrastructure gap in the textiles and apparel industry. It seeks to do this by encouraging the industry to set up greenfield industrial parks with partial capital grant support from the ministry.

The workshop will help SITP become more effective by identifying and sharing best practices in implementation of the scheme, identifying areas of improvement and discussing strategy to incorporate such improvements in design and implementation of the scheme and providing opportunity to state governments to understand the benefit of the scheme in promoting textile ecosystem in their states.

Multi-stakeholders including central government, state government, special purpose vehicles (SPVs) of the parks approved under SITP, banks and financial institutions, industry associations, textile research associations and project management consultants are participated in the consultation workshop.

The two-day programme will feature experience sharing by SPVs of successful textile parks and representatives of state governments on successful interventions by states.

It will facilitate the participants to interact with local industry of Surat and visit successful textile parks. Participants will also deliberate on the critical success factors for SITP, such as financing of parks, state government support, technological advancement and skill development initiatives.

Out of 70 textile parks approved under SITP, 30 parks are already functional and rest are at different stages of implementation. Once fully operational, all these parks are expected to generate employment for about 4,36,000 persons and attract investment to the tune of Rs 30,000 crores. (KNN/ST)

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