Incentives for Textile Sectors
The Foreign Trade Policy-2009-14 incorporates several measures of incentives for the export sector including the textiles and clothing viz. Inclusion of 26 new international markets under the Focus Market Scheme; enhancement of incentives available under Focus Market Scheme and Focus Product Scheme; broad basing the coverage of Market Linked Focus Product Scheme for textile products and extension of Market Linked Focus Product Scheme benefits for exports of textiles and clothing products to additional new markets. The Duty Entitlement Passbook Scheme has also since been extended from 30.6.2011 to 30.9.2011.
The Excise Duty on branded readymade garments was converted from optional levy into a mandatory levy at unified rate of 10 per cent, is part of the Union Budget announcements on 28.2.2011. However, Government introduced certain modification on 24.03.2011 in the tariff structure for branded readymade garments and made-up articles of textiles whereby the tariff value notified under section 3 of the Central Excise Act for these items i.e. goods falling under Chapters 61, 62 and 63 (heading Nos. 63.01 to 63.08) has been reduced from 60% to 45% of the Retail Sale Price. The excise duty is to be paid on a reduced value that is 45% of the Retail Sale Price of the garment. The effective rate of duty is therefore, only 4.5% of the Retail Sale Price.
This information was given by Smt. Panabaaka Lakshmi, Minister of State for Textiles, in a written reply in the Rajya Sabha today.
Proposal for Scheme for Integrated Textile Parks
Government proposes to set up new parks under Scheme for Integrated Textile Parks (SITP). The proposals received are As below
S. No. | Name of the Park | Name of PMC |
1 | NSP Infrastructure Private Limited, Surat, Gujarat | UPICO |
2 | Kejriwal Integrated Textile Park Pvt. Ltd., Surat, Gujarat | IL&FS Clusters |
3 | Birla Integrated Textile Park Ltd.,Amravati,Maharashtra | UPICO |
4 | Rainbow Integrated Texpark Ltd. Budhani, Madhya Pradesh | Technopak |
5 | Indiabulls SEZ Textile & Apparel Park, Nashik, Maharashtra | Technopak |
6 | Mewar Integrated Textile Park, Bhilwara, Rajasthan | IL&FS Clusters |
7 | Himmada Integrated Textile Park, Balotra,Rajasthan | Technopak |
8 | Kallappanna Awade Textile Park , Kolhapur,Maharashtra | Magus |
9 | Cannon Integrated Tex Park Infra Private Ltd. Kathua, J&K | IL&FS Clusters |
10 | Gujarat Eco Fashion Textile Park Limited, Surat, Gujarat | IL&FS Clusters |
11 | Amravati Integrated Textile Park, Amravati, Maharashtra | Technopak |
12 | Kagal industrial Textile Technology Park, Kolhapur, Maharashtra | Technopak |
13 | Khed Textile Park, Pune, Maharashtra | Technopak |
14 | Suryavanshi Integrated Apparel Park, Amravati, Maharashtra | Technopak |
15 | Gulbarga Textile Park Ltd., Gulbarga, Karnataka | IL&FS Clusters |
16 | Bangloi Integrated Textile Park, Dimapur, Nagaland | Technopak |
17 | Prag Jyoti Textile Park Pvt. Ltd., Darrang, Assam | Magus |
18 | Jammu & Kashmir Textile Park, Kathua, J&K | IL&FS Clusters |
19 | Ksheerapuri Handloom Private Ltd., Chirala, Andhra Pradesh | IL&FS Clusters |
20 | Rajasthan Integrated Apparel City, Bhiwadi, Rajasthan | IL&FS Clusters |
21 | SABS Textile Park, Mehbubnagar, AP | IL&FS Clusters |
22 | Hosiery Park, Howrah | ICICI Winfra |
23 | Natureone Properties Pvt. Ltd. | Magus |
24 | Jaipur Kaleen Park Ltd., Dausa, Rajasthan | IL&FS Clusters |
25 | Asiatic Co-op Powerloom Textile Park Society Ltd., Solapur, Maharashtra | IL&FS Clusters |
26 | SLS Textile Park Pvt. Ltd, Bagalur, TN | CS Architects |
27 | Pallavada Technical Textile Park Ltd., Chennai,TN | CS Architects |
28 | GIDC Marsden Garment Park, Ahmedabad, Gujarat | Technopak |
29 | Sundararao Solanke Coop Textile Park, Maharashtra | Technopak |
30 | Ishaan Developers and Infrastructure Ltd, Amritsar, Punjab | Magus |
31 | Neuro Properties Pvt. Ltd, Raigarh, Maharashtra | Magus |
32 | Pradip Integrated Textile Park, Bhamsara | Magus |
33 | SVG Integrated Textile Park Ltd ., Jhagadia, Bharuch, Gujarat | Magus |
34 | Himachal Textile Park, Una, Himachal Pradesh | CS Architects |
35 | Tuljai Textile Integrated Park Pvt. Ltd., Osmanabad, Maharashtra | Magus |
36 | Suryalakshmi Apparel Park, Jadcheria, Mahbubnagar District, Andhra Pradesh | Magus |
37 | Siddheshwar Textile Park, Karnataka | Magus |
38 | Fabtech Integrated Textile Park Ltd., Sangola, Solapur, Maharashtra | Magus |
39 | Vastraa Infratec Pvt. Ltd (Medak,AP) | Magus |
40 | Ardham Logistics and Infrastructure Pvt. Ltd. (Ahmedabad, Gujarat) | Magus |
41 | Great Asera Infrastucture Pvt. Ltd. (Wardha, Maharashtra), Arambakkam, Chennai | Magus |
42 | Satyaraj Integrated Textile Park Limited (Kolhapur, Maharashtra) | Magus |
43 | OM Sai Textile Park Pvt. Ltd (Karimnagar, AP) | Magus |
44 | Uttrakhand Textile Park Private Limited (Haridwar) | IL&FS Clusters |
45 | Maruti Hi-Tech Park Ltd.(Belgaum, Karnataka) | Magus |
46 | Ahmedabad Integrated Textile Park Pvt. Ltd.(Ahmedabad, Gujarat) | Magus |
47 | Lepakshi integrated Textile Park (Anantpura, AP) | IL&FS Clusters |
48 | Tarkett Industries Limited, Raigad | Magus |
49 | Koshal Handloom and Textile Ltd (Sonpur,Orissa) | Magus |
50 | Bellary Grament Export Cluster Private Ltd. (Bellary) | IL&FS Clusters |
51 | Edison Integrated Textile Park Pvt. Ltd. (Agartala,Tripura) | Magus |
52 | Nagaland Hi-Tech Weaving Park Pvt. Ltd, Dimapur, Nagaland | UPICO |
53 | SPML Tamil Nadu Integrated Textile Park, Annur, Coimbatore, Tamil Nadu | IL&FS Clusters |
54 | Whitegold Integrated Spintex Park | IL&FS Clusters |
55 | Shri Lakshmi Textile Park | Kushal Global |
The Technology Upgradation Fund Scheme (TUFS) has been restructured w.e.f 28.04.2011 and provides 5% Interest Reimbursement and 10% capital subsidy on processing units within scheme allocation of Rs 1972 crores. In addition, Government has sanctioned Rs. 200 Crore additional central assistance for establishing Zero Liquid Discharge at Tirupur in the year 2010-11 to Tamil Nadu Government.
This information was given by Smt. Panabaaka Lakshmi, Minister of State for Textiles, in a written reply in the Rajya Sabha today.
i m interested in amravati textile park