Uttarakhand government has earmarked over 103 acres for the establishment of the long promised textile park at the State Infrastructure and Industrial Development Corporation of Uttarakhand Ltd (SIDCUL), Sitarganj. The park is to be completed in the current year, NK Koranga, DGM, SIDCUL said.

“We have started inviting applications from industrialists for the textile parks at Pantnagar, Sitarganj, Jaspur and Rudrapur towns. The park is to be established in joint venture with the centre holding 40 per cent share and the industrialists and the state government having the remaining 60 per cent,” Gaurav Chatwal, regional manager, SIDCUL said.

Chatwal said over seven textile manufacturers from across the country had applied to establish their units at SIDCUL, Sitargaj. Some companies have even identified land to establish their units.

If the park is setup according to plans, it will create over 3,000 jobs, SIDCUL sources said.