Business

Southern Gujarat Chamber of Commerce & Industry Closer To Mega Textile Park Goal

The Southern Gujarat Chamber of Commerce and Industry (SGCCI) is inching closer towards realising its dream of setting up a mega textile park at Pinjrat in Olpad taluka of Surat district, SGCCI office bearers stated.

After the successful presentation of the project before Gujarat government’s chief secretary in Gandhinagar recently, the Gujarat government will send industries commissioner Mamta Verma for a site survey as well as seek a viability report on it by April 17. SGCCI office-bearers stated that the presentation which was prepared by IL&FS, was well received by Gujarat government officials.

In order to set up the mega textile park, SGCCI has formed a special purpose vehicle called the Textile Processing Park Association (TPPA). It has also appointed 15 directors to head the SPV for the mega textile park. The park will be set up on 70 lakh square metres of land owned by the Gujarat state government at an initial investment of Rs 1,500 crore. The park will accommodate around 100 textile processing units, 40 water jet weaving units, around 225 garmenting units and textile ancillary units.

The average capacity of manufacturing at the textile processing units will be over 3 lakh metres of fabric per day. Around 50% of the fabric manufactured in these processing units will be converted into home textiles and garments, while the rest will be sold outside Gujarat state.

At present, the textile sector contributes around 40% of synthetic clothing in the country, but its share in export is meagre, because the export market requires a huge quantity of cloth of the same quality which cannot be supplied by the processing units in Surat.

According to SGCCI President B S Agarwal, issues relating to water availability for textile mills, disposal of waste water and electricity were discussed at length. Gujarat government officials are convinced about the mega textile park and they will send a team headed by the industries commissioner on April 17, he said.