Scheme for Integrated Textile Parks
Tamil Nadu Textile Parks
In Tamil Nadu, the Union Government has sanctioned seven textile parks under the Scheme for Integrated Textile Parks. The following four Textile parks have been fully completed and are running successfully,
The works in respect of the following 3 Textile Parks are in progress.
Initiative on Textile Parks
During the Budget Speech for 2023-2024 the Hon’ble Finance Minister announced that “An Integrated Textile Park will be established at Salem on 119 acres of land with an approximate total project cost of Rs. 880 crore." This initiative aims to boost industrial development, generate employment opportunities, and encourage large-scale private investment. The proposed textile park will be situated in Jagir Ammapalayam village and will cover an expansive 110 acres of land, with an approximate total project cost of Rs. 881.50 crore.
Key highlights
Integrated
Textile Parks
Direct and Indirect Employment: It is expected to provide direct employment for 14,900 individuals and indirect employment for 15000 people.
Integrated Textile Value Chain: The park is designed to promote an integrated textile value chain, streamlining various textile processes in one location to enhance efficiency and competitiveness.
Private Investment: Encouraging large-scale private investment is a key objective of this endeavor, which will infuse capital into the textile sector, fostering growth and innovation.
Scheme Involvement: The park is proposed to be established under the Scheme for Integrated Textile Parks (SITP) and the Integrated Processing Development Scheme (IPDS).
Toward a Textile Hub
This initiative aligns with the broader vision of making Tamil Nadu a major textile hub in Asia. To achieve this vision, the Department of Textiles will soon release a new Integrated Textile Policy. This policy will provide essential support, eliminate bottlenecks, and facilitate the development of a strong textile value chain in the state. It will emphasize the production of technical textiles and sustainable manufacturing systems to meet global demand, all while supporting research and development initiatives in the technical textile sector.
In summary, these developments underscore Tamil Nadu's commitment to transforming its textile industry, fostering economic growth, creating employment opportunities, and promoting innovation and sustainability within the sector.
