6 garment parks in Bengal soon
Financial Express, India
KOLKATA, APR18 : West Bengal will have at least two integrated garment parks in two years at an estimated investment of Rs 600 crore. Apart from this, at least four garment parks will come up in and around Kolkata.
The largest park, being promoted by Bengal Integrated Textile Park Ltd, a special purpose vehicle formed for the project, will receive an initial investment of more than Rs 500 crore.
Murari Lal Khaitan, president of the Chamber of Textile Trade and Industry (Cotti), said: “The market for textile fabric and made-ups in West Bengal is almost Rs 25,000 crore, of which 10-15% is produced by the state.”
“This leaves us with room for growth,” said Binod Nangalia, chairman of Cotti. “The integrated garment parks will be of international standard and will cater to the demands of both domestic and export-oriented units,” he said.
Cotti, awaiting the approval of the Union government to include it in the Scheme for Integrated Textile Parks (SITP), feels the project will house 300 small and medium entrepreneurs. Once approved, the parks will receive a grant of Rs 40 crore towards infrastructure cost.
The Bengal Hosiery Association and the West Bengal Hosiery Association have planned an integrated garment park on 70 acres. The project, filed with the SITP, will receive an initial investment of Rs 40 crore. “We are looking for land in Rajarhat or near the Kona expressway,” said Srimay Bannerjee, president of the Bengal Hosiery Association.
The four garment parks include the one that will be developed by the state government. The Eastern Garments Manufacturing Association will construct a garment park in Salt Lake on 13 acres.
The Bengal Hosiery Association is in the process of constructing a park at Belgharia in North 24 Parganas.
