Tripura to get northeast’s first textile park
October 30th, 2011 - 5:00 pm ICT by IANSAgartala, Oct 30 (IANS) Northeastern India’s first textile park will be set up in Tripura, a minister said here Sunday.
“The proposed park in Tripura is part of the 21 new textile parks to be set up under the Scheme for Integrated Textile Parks (SITP),” Tripura Industries and Commerce Minister Jitendra Chowdhury told IANS.
Quoting a letter from union Minister for Commerce and Industry Anand Sharma, who also heads the textiles ministry, Chowdhury said that the parks would be set up at a cost of Rs.2,100 crore in Maharashtra (six parks), Rajasthan (four), Tamil Nadu (two), Andhra Pradesh (two) and one each in Uttar Pradesh, Gujarat, Tripura, Himachal Pradesh, Karnataka, Jammu and Kashmir and West Bengal.
These parks would be set up over a period of three years on a public-private-partnership basis.
“A special purpose vehicle (SPV) would be formed to execute the project. The SPV would chanelised funds and supervise other aspects of the ambitious project.
“The Tripura government would extend all out support for setting up of the park. It would create new opportunities in the industry-starved northeastern region,” he said.
- Policy to promote textiles in northeast suggested - May 21, 2012
- Rs.2,100 crore sanctioned for textiles parks - Oct 27, 2011
- Northeast seeks special package for industry, tourism - Jan 19, 2012
- Budget neglects northeast: Tripura minister - Mar 16, 2012
- Rollback rail fare hike: Tripura minister - Mar 15, 2012
- India's second rubber park comes up in Tripura - Jan 27, 2012
- India's first bamboo park coming up in Tripura - Jan 30, 2012
- Bangladeshi firm to set up agro-processing plants in Tripura - May 24, 2012
- Handloom to bring Italian trade team to northeast - Oct 07, 2011
- Mizo party chief praises Tripura's 'success stories' - Mar 15, 2012
- Bangladesh PM in Tripura to revive historic, economic ties - Jan 11, 2012
- Northeast ignored in rail budget: Tripura minister - Feb 27, 2011
- Northeast's first homoeopathy medicine making unit in Tripura - Mar 21, 2011
- Left government in Tripura unhappy with budget, protests - Mar 01, 2011
- Textile parks attract Rs.3,500 crore investment - Nov 25, 2010
Tags: agartala, ambitious project, anand sharma, chowdhury, commerce minister, crore, himachal pradesh, jammu and kashmir, jitendra, northeastern india, northeastern region, partnership basis, proposed park, public private partnership, rs 2, sitp, special purpose vehicle, tripura government, union minister, west bengal