Haryana will set up a textile park at a cost of Rs 181 crores. Haryana is one of the largest producers of cotton in North India. Haryana produces 20 lakh bales of cotton every year but is not able to sell more than three lakh bales within the state. The trade has to bear the expenses on transport of goods to Punjab, Gujarat and other states.
The textile park would solve these problems and help growers find a market for their produce. The park would be set up in either Sirsa or Fatehabad. Out of six lakh hectares of land where cotton is produced in Haryana, nearly three lakh hectares are located in Sirsa and Fatehabad alone.
The industry hopes the textile park will have a flatted factory concept, a plug and play model, and a synchronised value chain with a processing industry and weaving industry to keep the state intact as a preferable investment destination for an export and textile hub.
A Rs 14 crores incubation center would also be set up in Haryana for skill development of youth associated with the textile sector. The readymade garment sector in Haryana is growing at a rate of 25 per cent.
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