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.
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