Southern Gujarat Chamber of Commerce and Industry (SGCCI) will set up a mega textile park, first of its kind, on 70 lakh square meter land of the state government at Pinjrat in Olpad taluka of Surat district with an initial investment of Rs1,500 crore.
The SGCCI has formed a special purpose vehicle (SPV)-Textile Processing Park Association (TPPA) for the mega textile park. It has also appointed 15 directors to head the SPV for the park.
The state government will be sending industries commissioner Mamta Verma for site survey and seek a viability report on it on April 17, following the successful presentation on the project before the state chief secretary in Gandhinagar last week.
The park will accommodate around 100 textile processing units, 40 water jet weaving units, around 225 garmenting units and textile ancillary units.
The average capacity of manufacturing at the textile processing units will be over three lakh meters of fabric per day. Around 50 per cent of the fabric manufactured in the processing units will be converted into home textiles and garments. The rest will be sold outside the state. Issues relating to water availability for textile mills, disposal of waste water and electricity were also discussed at length.
At present, the textile sector contributes around 40 per cent of the synthetic cloth in the country, but its share in export is meagre, because the export market requires huge quantity of cloth of same quality which cannot be supplied by the processing units in Surat.
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