Uttarkhand is soon going to have first modern and integrated textile park in the State. The State Government is going to develop the integrated textile park at Jaspsur in Udham Singh Nagar.
The textile park will be developed in a public private partnership (PPP) mode. The SIIDCUl in association with private sector will set up a joint venture in this regard in which the private sector will have 51 per cent contribution, while the SIIDCUl’s share will be 49 per cent, said the official concerned.
The integrated textile park will be developed in 75 acre land at Jaspsur. More so, the basic objective of this joint venture company will be to create necessary basic infrastructure for the entrepreneurs like providing the interested companies land at subsidised rates to set up textile industries in the State. The proposed integrated textile park will be consisted of a common affluent treatment plant, a medium size auditorium, an exhibition centre, a hostel for labourers, a primary health centre, two residential towers for business managers and other basic services like banking and postal and transportation facilities.
The estimated cost of this proposed integrated textile park is Rs 135 crore, added the officials concerned. It is worth mention here that by allowing the private sector to have 51 per cent share in joint venture to be set up for developing the integrated textile park, the State Government has already indicated that it want less bureaucratic or Government intervention in the textile texture.
With a view to attract investment in the textile sector the Government will also grant special incentives to the entrepreneurs. As the officials concerned informed industrialists may be able to get 4 to 5 per cent concession on Central schemes. Similarly, the State Government would give 50 per cent concession to the industrialists on stamp duty on purchasing of land.
Besides, special concessions will also be given on use of other services like electricity, added the officials concerned. Meanwhile, S K Sharma, General Manager SIIDCUl, has also advised the entrepreneurs to submit their suggestions for formulation of a concrete and appropriate textile policy in the State. All the industrialists have been urged to provide their suggestions to the SIDCUCl in writing so that these ideas or suggestions can be considered while finalising the textile policy , Sharma added. In the meanwhile MlA from Jaspur and chairman of the Uttarakhand Mandi partishad, Dr. Shailendra Mohan Singhal, welcoming the Government’s decision to develop a textile park at Jaspur, said that since land was already available at Jaspur, therefore we took up the proposal in this regard with the State Government and the Government has finally agreed to set up the textile park at Jaspur.
At the same time Singhal has assured the entrepreneurs to provide a conducive atmosphere for them to work in the textile sector in Uttarakahnd, urging the businessmen to provide their suggestions so that an appropriate textile policy could be formulated.