Published On:July 9 2014
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Integrated textile park proposed in the Odisha.
To give a boost to the textile sector an integrated textiles park (ITP) is proposed in Mayurbhanj district under the Scheme for Integrated Textiles Park (SITP) of Union ministry of Textiles.
'We have proposed the Centre for setting up of a textile park spreading over 50 acres of land at Baripada spinning mill compound with a total project cost of Rs. 120 crore', Amit Behera, convenor of the industry body North Odisha Chamber of Commerce and Industry(NOCCi) told Business Standard.
The project cost include Rs. 18 crore for land (available in spinning mill campus), Rs. 65.5 crore for common infrastructure, Rs.25 crore for common business centre, Rs. five crore each for common maintenance facility and common service equipment, among others.
The move from the industry body came after the Central government in a letter to the state government sought proposals from industry associations, group of entrepreneurs, and special purpose vehicles for setting up of integrated textile parks.