Central government promises textile park to KeralaApril 20th, 2008 - 10:14 pm ICT by admin
Kannur (Kerala), April 20 (IANS) Union Minister of Textiles Shankersinh Vaghela has said the central government will consider sanctioning projects like an integrated textile park in Kerala’s Kannur district if adequate land is provided. Vaghela was speaking at a development seminar, Kannur Vision 2020, organised by the district committee of the Congress party here Sunday.
Kannur district, around 300-km north of Kochi, is a major handloom textile centre in the state.
Vaghela asked the authorities to provide about 100 acres for the project. He said if the textile industry here forms a special purpose vehicle (SPV) in association with Infrastructure Leasing and Financial Services Ltd (IL&FS), his ministry’s consultant for textile parks, and forward a proposal, he would give priority to it.
Vaghela Saturday inaugurated the ninth centre of the National Institute of Fashion Technology (NIFT) near here, which is expected to augment the potential of the textile industry here.
Tags: adequate land, authorities, central government, congress party, development seminar, district committee, financial services ltd, handloom, infrastructure, kannur district, kochi, leasing, special purpose vehicle, spv, textile centre, textile industry, textiles, union minister, vaghela, vision 2020