Uttar Pradesh is setting up textile parks spread across nearly 1,500 acres in order to turn the North Indian state in to a leading textile and apparel hub in South Asia.
Six textile parks are expected to attract investments of more than Rs 10,000 crore, generate jobs on a large scale and bolster the state’s $1 trillion economy goal.
A mega textile park is proposed over 1,162 acres on the borders of Lucknow and Hardoi districts under the PM Mega Integrated Textile and Apparel (PM Mitra) scheme.
Five other smaller textile parks will be set up over 326 acres under the state’s Sant Kabir Textile and Apparel Park Scheme in Varanasi, Amroha, Bareilly, Sant Kabir Nagar, and Bijnor districts.
“The government aims to attract big-ticket investments and create employment opportunities,” a senior official said,” Business Standard reported.
About 400 big and small textile manufacturing and processing plants are likely to come up in the Lucknow Hardoi textile project, with marquee companies such as Reliance Industries, Arvind Mills, Vardhman, Ahuja Textile, etc expected to set up their units.
Moreover, the Northern India Textile Research Association (NITRA) has submitted the pre-feasibility report for the Varanasi textile park, while reports for the remaining four parks are being prepared.
These reports will be finalised after incorporating suggestions from industry stakeholders. The government is giving due emphasis on developing these projects in compliance with environmental standards.
PPP tender documents are being drafted for the selection of ‘master developers’ for these projects. “The Sant Kabir Textile and Apparel Park Scheme will provide Uttar Pradesh with a new identity in textile manufacturing, ready-made garments, technical textiles, and exports,” the official noted.
Recently, the Centre approved 96 companies under round-III of the Textile PLI scheme. This is estimated to garner investments of 12,822 crore and a projected turnover of more than Rs 58,000 crore.
