24 June 2022, Mumbai:
The Uttar Pradesh government plans to attract more investments by building new textile and apparel parks in the state. This will help the government to transform the sector from unorganized to organized.
It will also boost exports by offering all facilities in one place.
As per FY2021-22 data, textiles and apparel accounted for 9 percent of the state’s exports during the year and totaled Rs 12,996 crore.
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They were the third most exported items from the state after electronic and electrical products.
Compared to 2020-21, UP’s textile and apparel exports grew 40 percent. The jump was more than the rise seen in exports of electronics and electrical products as well as meat during the same period. Gautam Buddha Nagar and Ghaziabad emerged amongst the state’s top 10 export cities with 41 percent and 11 percent shares respectively.
The apparel park in Noida will be set up with an investment of Rs 3,000 crore. It will house 115 export-oriented units of readymade garments. Commercial production in the park will begin by September 2025.
The government also plans to make five textile and apparel parks through the public-private partnership (PPP) model. For this, the tender process will begin after identifying land by September next year. The aim is to begin production by 2026.
The government will set up flatted factories in or around Kanpur Nagar, Gorakhpur, and Agra. It will also build a world-class textile park at a cost of Rs 10,000 crore under the PM Mitra scheme.
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