Govt gives nod to set up common facility centre to boost textile industry in Panipat

YarnsandFibers News Bureau 2015-08-06 17:00:00 – Panipat

Union government has given its nod to set up a common facility centre in Panipat known for manufacturing textile products and textile machinery for industrialists associated with this sector to give boost.

It would be a common place for industrialists to get training, knowledge and technology about the manufacturing of textile machinery. It would help them upgrade their skills with advanced technologies, said Vijay Kumar, director, MSME Development Institute (Ministry of Micro, Small and Medium Enterprises), Karnal.

The government would establish this centre at Sector-25-II at a cost of around Rs 19 crore, out of which the Union government would provide Rs 12 crore, while the state government would contribute Rs 6 crore and rest of the amount would be paid by manufacturers of textile machinery.

The director said that with the establishing of this centre, the new era of technological advancement would flow in this industry.

Manufacturers of textile machinery and parts welcomed this step and hope to export their products to Middle-East countries. At present, they export machinery to Sri Lanka, Bangladesh, Nepal and other countries.

Panipat Small Engineering Workshop Association president Sukhbir Singh Malik welcomed the step taken by the government. Malik said that there were around 200 manufacturers of textile machinery and parts besides thousands of textile units in Panipat.

With this new initiative, they would have new and upgraded technology and would be able to manufacture new machines and export to Middle-East countries, leading to profit.

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