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India to rate industrial parks

A rating system will be developed for industrial parks in India. This is expected to raise competitiveness of industries and promote manufacturing. Such a system is being developed based on four parameter: internal and external infrastructure, connectivity, environment and safety management, and business support services. The system could become a reference database for prospective investors.

The Scheme for Integrated Textile Parks has not worked out as thought. One reason is high rentals in some parks. There has been a lack of marketing efforts. No special benefits are available for investors in parks and many of the parks are not easily accessible.

There are suggestions the parks should occupy a minimum of 1000 acres, with infrastructure support in the form of readymade factory sheds, warehouse, effluent collection treatment and disposal systems, incubation centers and testing labs, first aid centers, with express connectivity to seaports and airports.

The Scheme for Integrated Textile Parks was launched in 2005 to encourage private investments and employment generation in the textile sector. The primary objective of the SITP was to provide the industry with world class state-of-the-art infrastructure for setting up new textile units. The Scheme for Integrated Textile Parks was launched by merging two schemes, Apparel Parks for Exports Scheme and Textiles Center Infrastructure Development Scheme.

 
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