- Advertisment -
HomeEconomyExports to UP Textile Sector up 41 percent, Apparel Park opened in...
- Advertisment -

Exports to UP Textile Sector up 41 percent, Apparel Park opened in Noida MPNRC

- Advertisment -
- Advertisement -

Officials told News18 that the Uttar Pradesh government is going to set up a garment park in Noida to streamline this industry into the unorganized textile sector. He said that this would improve the quality of investors and exports from the park would also increase by getting all facilities at one place.

- Advertisement -

According to the data for the financial year 2021-2022, the share of textiles / apparel in the goods exported from Uttar Pradesh was 9 percent i.e. Rs 12,996 crore. Apparel ranks third in the list of products exported from the state, after electronic and electrical products, which occupy the first and second positions respectively.

In terms of growth, there has been an increase of about 40 percent in exports as compared to 2020-2021. This jump was more than the growth seen in the export of electronics and electrical products as well as meat during the same period. Officials said that despite the global COVID pandemic, it is remarkable to register such a huge increase.

- Advertisement -

The share of Gautam Budh Nagar and Ghaziabad in the top ten export cities of the state is 41 and 11 per cent, respectively. Apparel export industry is also present on a large scale in these districts. Most of the business is in the unplanned segment. Yogi Adityanath government is providing all facilities to them at one place by establishing Apparel Park in Noida. About 115 export oriented units of readymade garments are likely to be set up in this park.

- Advertisement -

According to an estimate, an investment of Rs 3,000 crore is expected in this. The target is to lay the foundation stone in July and start commercial production in all units by September 2025. In addition, the government also plans to set up five textile and apparel parks through a public-private partnership (PPP) model. For this, the tender process will be started after identifying the land by September next year. The target is to start production by 2026.

To organize this industry, the government will set up flat factories in or near cities that have a rich tradition of readymade garments. For this, Kanpur Nagar, Gorakhpur and Agra have been selected in the first phase. Keeping in view the possibilities of cluster approach, the government will also set up textile industries as per the tradition of that area in the industrial corridors to be built along all the expressways. In future, such clusters will be developed in each block under the National Handloom Development Program and Micro and Small Enterprises – Cluster Development Program (MSE-CDP) scheme at a cost of Rs 500 crore.

There is also a plan to build a world class textile park at a cost of Rs 10,000 crore under the PM Mitra scheme. Officials said that to make Uttar Pradesh a global textile hub through the new policy, best infrastructure, skill development of weavers and cluster approach, the government will also lay emphasis on marketing of finished goods for Brand UP. In this sequence, the government will sign MoUs with big companies of online platforms like Flipkart and Amazon and weavers will also be given training to onboard their products.

Read all the latest news, breaking news, watch top videos and watch Live TV right here.

,

- Advertisement -
RELATED ARTICLES
- Advertisment -
- Advertisment -

Most Popular

- Advertisment -