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ReturnIndia: Hi-tech parks planned to break Chinaˊs monopoly
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PublishDate：
2007-06-04 16:48:00
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BANGALORE, JUNE 3: In a bid to compete in the world silk market with hi-quality products, weavers’ associations in Karnataka are promoting two silk parks around Bangalore. Both the parks aim to bring the entire processing of silk related items under a single roof by accommodating units for reeling, twisting, dyeing, weaving and garmenting by adopting new technologies; for the first time in India. Talking to FE, TV Maruthi, chairman of Indian Silk Export Promotion Council said, “With international buyers demanding better quality in the finished product, India is under pressure to upgrade its manufacturing technologies.”
Currently, most of the Indian weavers produce silk goods in low cost powerlooms, which are in the range of Rs 20,000-25,000 per unit. But the silk parks coming up in Karnataka will house machineries in the range of Rs 15-20 lakhs per unit. “We are importing these machineries from Germany, Italy and Switzerland,” Maruthi added.
Doddaballapur Weaver Association in Karnataka is promoting a park under the banner of Doddaballapur Integrated Textile Park (DITP) in Doddaballapur area near Bangalore. “This park will accommodate 150-200 silk processing units, it is coming on 50 acres of land with an estimated investment of Rs 40 crore,” he said.
To construct buildings, common effluent plant and create infrastructure facilities, he said, the Central government would provide 40% subsidy while the rest would be shared by the entrepreneurs. Currently, the park is under construction and is expected to operate after ten months. “Meanwhile, the Karnataka government has cleared a project proposal submitted by Karnataka Silk Weavers Federation to set up a silk park under the banner of Bangalore Hi-Tech Weaving Park (BHWP),” Maruthi said. The state government has agreed to offer 40-50 acres land for BHWP project, which also attracts 40% subsidy from the Centre. “Like DITP, BHWP would also accommodate 150-200 silk processing units. Each unit will cost in the range of Rs 1.5-2 crore,” he mentioned.
Till five years ago, China was primarily exporting raw silk and fabric. But now the dragon country is exporting finished silk goods including saris in large scale, giving brutal competition to the Indian silk weavers. Once operational, these parks are expected to break China’s monopoly in the world silk market.
Source: Industry Website
Currently, most of the Indian weavers produce silk goods in low cost powerlooms, which are in the range of Rs 20,000-25,000 per unit. But the silk parks coming up in Karnataka will house machineries in the range of Rs 15-20 lakhs per unit. “We are importing these machineries from Germany, Italy and Switzerland,” Maruthi added.
Doddaballapur Weaver Association in Karnataka is promoting a park under the banner of Doddaballapur Integrated Textile Park (DITP) in Doddaballapur area near Bangalore. “This park will accommodate 150-200 silk processing units, it is coming on 50 acres of land with an estimated investment of Rs 40 crore,” he said.
To construct buildings, common effluent plant and create infrastructure facilities, he said, the Central government would provide 40% subsidy while the rest would be shared by the entrepreneurs. Currently, the park is under construction and is expected to operate after ten months. “Meanwhile, the Karnataka government has cleared a project proposal submitted by Karnataka Silk Weavers Federation to set up a silk park under the banner of Bangalore Hi-Tech Weaving Park (BHWP),” Maruthi said. The state government has agreed to offer 40-50 acres land for BHWP project, which also attracts 40% subsidy from the Centre. “Like DITP, BHWP would also accommodate 150-200 silk processing units. Each unit will cost in the range of Rs 1.5-2 crore,” he mentioned.
Till five years ago, China was primarily exporting raw silk and fabric. But now the dragon country is exporting finished silk goods including saris in large scale, giving brutal competition to the Indian silk weavers. Once operational, these parks are expected to break China’s monopoly in the world silk market.
Source: Industry Website
