Textile Park to be set up in Haryana: Gangwar

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SME Times News Bureau | 08 Mar, 2016
Union Textiles Minister Santosh Kumar Gangwar on Tuesday said that a Textile Park would be set up in Haryana at a cost of Rs.181 crore to promote the industry.

Speaking at a special session on 'Haryana as Hub of Textiles, Apparel, Accessories and Leatherwear: Marking a Mark in the Global Landscape', on the final day of the two-day Happening Haryana Global Investors Summit here, he said that the government would give Rs.40 crore subsidy for this.

A Rs.14 crore Incubation Centre would also be set up in Haryana for skill development of the youth associated with textile sector, said Gangwar, noting that after agriculture, textile was also an important sector to provide employment opportunities.

The sector of readymade garments in Haryana is growing at a rate of 25 percent, he said, assuring the full support of his ministry for smooth functioning of textile industry.

Skills of 15 lakh youth would be improved for development of this sector in the country, therefore, an Incubation Centre would also be set up in Haryana, said Gangwar, adding that Prime Minister Narendra Modi was also taking interest in the sector's development and had prior to the budget's presentation sanctioned schemes for the promotion of this sector.

Others who also spoke on the occasion were Liberty CEO Adesh Gupta, Model Economic Township senior vice president Ajay Nijhawan, Matrix Clothing managing director Gautam Nayar, Shivalik Prints president Narender Aggarwal, DCM Textile managing director Hemant Bharatram, fashion designer Rina Dhaka and Marks and Spencer country manager Nidhi Dua.