India`s first private textile park to come up near Ahmedabad
01 Feb 2007
Ahmedabad: India's first privately owned textile park is expected to take shape in the next five years near Ahmedabad. The project is expected to have an investment of about Rs1,200 crore.
Called the Green Field Textile Park, the project will be located on a 115-hectare plot on the Bavala-Bagodara Highway about 50 km from Ahmedabad.
It is being set up by Pradip Overseas Ltd, and will have a cloth production capacity of 500,00 meters per day and will cater to large markets in the US and Europe. The company is a leading exporter of household linens like flat sheets, duvet covers, fitted sheets, pillowcases, curtains and other items.
According to J S Negi, director, "This will be an integrated textile park where all the activities related to home textile starting from spinning, weaving, processing, stitching, packaging and dispatching will take place from one location."
To be developed in a phased manner, the textile park will be completed in the next five years.
The
promoters say that the park would generate employment
avenues for about 20,000 skilled and unskilled workmen
after it is ready.