The Yamuna Expressway Industrial Development Authority (YEIDA) has allotted 150 acre of land parcel for the apparel export cluster in Noida, Uttar Pradesh, paving the way for the state’s first textile park.
As many as 152 companies will set up their factories at the textile park with an estimated investment of Rs 8,365.73 crore. The mega project will create around five lakh jobs.
In Phase-I, construction of 91 textile and garment factories is in full swing and these are expected to start in January 2022. On completion, these textile and garment factories will provide employment to two lakh people.
The state government’s plan is to develop a global garment hub which can tap into the lucrative international textile supply chain, in which Bangladesh, Vietnam and Indonesia are currently major producers.
The share of Uttar Pradesh in textile production at the national level is 13.24 percent and the state ranks fifth in the country in terms of handlooms and silk production. There are 2.58 lakh handloom and 5.5 lakh powerloom weavers in the state.
The state has 58 spinning mills and 74 textile mills in the non-small scale industrial sector and the state’s share in carpet production in the country is 90 percent.
In all, 66 major industrialists have submitted proposals to invest Rs 8,715.16 crore in the textile and garment sector in the last four years. Of these, 12 textile factories have already been set up, while construction of 18 others is in progress.
The target is to commence production in the 18 textile factories thy 2021 itself. In addition, production in 17 more textile units is expected to start from 2022.
The state government is planning to develop more such integrated textile parks in major textile producing areas such as Meerut, Agra, Jhansi, Gorakhpur, Varanasi, Lucknow and Kanpur divisions.