The latest guidelines issued by the Handlooms, Handicrafts, Textiles and Khadi Department for the implementation of its Mini Textile Park (MTP) Scheme can prove to be beneficial for the prospective entrepreneurs.
The new amendments say that group of entrepreneurs, industry associations and societies can be the main promoters of the MTP scheme.
The proposed MTP must have a minimum of three textile manufacturing units to be set up in a minimum area of two acres.
The project cost now covers common infrastructure, buildings for common facilities and factory buildings for production purposes and plant and machinery.
The facilities include testing laboratory, design centre, training centre, trade centre, warehousing facility, raw material depot, creches, canteen, workers’ hostels and offices.
Common infrastructure like roads, street lights, compound walls, drainage, water supply, electric supply including captive power plant, effluent treatment plant and telecommunications have also been brought under the eligible project cost.
It is also pertinent to mention here that the project cost must not include the cost of the land. Fifty per cent of the project cost or Rs. 2.5 crore, whichever is less, will be provided as grant by the State Government.
