Orissa plans to set up an integrated textile park in Bhadrak district with an investment of Rs 70 crores to give a fillip to the textile sector. The proposed park will be developed over 112 acres of land. It is expected to house about 22 apparel manufacturing units.
The integrated textile park scheme launched in 2005 was aimed to encourage private investments and employment generation in the textile sector by facilitating world class infrastructure for common facilities, such as roads, water supply treatment and distribution network, power generation and distribution network, effluent collection treatment and disposal system, design centre, warehouse, first aid centre, etc.
The project cost under the scheme will be funded through a mix of equity or grant from the ministry. The government of India’s support will be limited to 40 per cent of the project cost with a maximum ceiling of Rs 40 crores for parks.
The scheme targets industrial clusters with high growth potential, which require strategic interventions by way of providing world-class infrastructure support. The project cost will cover common infrastructure and buildings for production and support activities depending on the needs of the integrated textile park.
Odisha Industrial Infrastructure Development Corporation is the land acquisition arm of the state.
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