Government of India proposes to set up new parks under Scheme for Integrated Textile Parks (SITP). Government had received 55 proposals. Under this, there are some technical textiles proposals. They are, Pallavada Technical Textile Park Ltd., Chennai,TN by CS Architects; Maruti Hi-Tech Park Ltd.(Belgaum, Karnataka) by Magus; Nagaland Hi-Tech Weaving Park Pvt. Ltd, Dimapur, Nagaland by UPICO.
The Technology Up gradation Fund Scheme (TUFS) has been restructured w.e.f 28.04.2011 and provides 5% Interest Reimbursement and 10% capital subsidy on processing units within scheme allocation of Rs 1972 crores. In addition, Government has sanctioned Rs. 200 Crore additional central assistance for establishing Zero Liquid Discharge at Tirupur in the year 2010-11 to Tamil Nadu Government. Government of India proposes to set up new parks under Scheme for Integrated Textile Parks (SITP). Government had received 55 proposals. Under this, there are some technical textiles proposals. They #
Smt. Panabaaka Lakshmi, Minister of State for Textiles, gave this information in a written reply in the Rajya Sabha on 3rd Aug 2011.
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