November 22, 2024
Economy

Integrated Textile City Coming Up Near Ahmedabad

Narol Textile Infrastructure and Enviro Management (NTIEM) has plans to set up an integrated textile city near Ahmedabad and an MoU will be signed at the Vibrant Gujarat Global Summit in January.

“The textile city will be spread over 2,000 acres, built at a cost of around Rs 25,000 crore and will include housing for employees as well as hospitals and schools and will be operational in 2027,” ToI reported.

The last two years have been challenging for the textile industry, but units in Ahmedabad are looking at an average 10 percent CAGR over the next decade, due to expected increase in domestic and export markets.

“While Ahmedabad has always been among the world’s major textile manufacturing hub which is set to grow at an even faster pace over the next decade, there are three main challenges which we must overcome,” a NTIEM office bearer said.

“The challenges include better infrastructure, transition from ETP’s to ZLD’s and skill development programmes for workers. To be able to meet all these requirements, we are setting up the textile city,” he added.

This textile city will be a boon for existing textile units in the city who want to expand, but are constrained due to space requirements.

NTIEM was incorporated in 2010 as a company and is engaged in providing water treatment services through a common ETP for textile mill processors in and areas surrounding Narol in Ahmedabad.

This CETP caters to as many as 138 individual textile processors which are mainly engaged in the processing of cotton and blended fabrics, denims and synthetic textiles.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *