Date:15/09/2008 URL: http://www.thehindu.com/2008/09/15/stories/2008091554910600.htm

Tamil Nadu

Road show on Apparel SEZ

Staff Reporter

Photo: M. Balaji

New initiative: Suhas Thakar, vice-president, K Raheja Corporation (centre) explaining the salient features of Apparel and Textile SEZ being established by the firm at Hindupur in Andhra Pradesh, to garment exporters at TEA Hall in Tirupur. –

Tirupur: The K. Raheja Corporation on Friday evening conducted a road show here on ‘Supremus Apparel and Textile Special Economic Zone’ being established by the firm at Hindupur in Andhra Pradesh, to attract investment from entrepreneurs in the Tirupur knitwear belt.

Interacting with the textile exporters, Suhas Thakar, vice-president (Industrial Infrastructure and Logistics Division), K. Raheja Corporation, said that it was planned to lease out space to a total of 41 units on first-come-first-served basis in the Rs 200-crore SEZ.

Support

Layouts of four acre plots, scaleable up to 12 acres, would be offered to enterprises who wished to set up apparel, weaving, dyeing and ancillary units in the zone. He assured the garment manufacturers that the SEZ, spread over 350 acres about 90 km north of Bangalore, would offer a gamut of infrastructure and logistical support to bring together all essential components of the textile value chain within proximity to each other.

“The zone has already been notified by the Union Ministry of Commerce and been approved for incentives under the centre-sponsored Scheme for Integrated Textile Parks (SITP),” he said.

Mr. Thakar said that the SEZ would offer facilities like a state-of-the-art Common Effluent Treatment Plant (CETP) with zero discharge system embedded in it, adequate quantity of industrial and potable water, power supply through underground cables, high speed telecommunication facilities, skilled labour and warehouses.

No license would be required for setting up textile units within the space and processing of documents would be handled by a single-window clearing agency.

In addition, financial incentives, flexible labour policies and tax exemptions would be given to the units as per the guidelines formulated by the Andhra Pradesh Government in its Industrial and Textile Promotion Policy 2005-10 for textile industrial growth.

The interested investors were asked to contact K Pardhasaradhi, head (operations), K. Raheja Corporation, for further clarifications (Tel: 099662-33777).