State
Uttar Pradesh
-
July 1, 2005
Scheme for Integrated Textile Parks (SITP)
Textile
Summary
SITP provides a 40% grant (max ₹40 Cr) to develop textile parks via SPVs. It requires 25+ acres of land and promoters with high net worth. An extra ₹10 Cr supports apparel units. The scheme integrates three value chain segments to boost infrastructure and growth.
Eligibility
- A minimum combined net worth of promoters equal to 1.5 times the government grant sought.
- Possession of at least 25 acres of land (10 acres for North Eastern/hilly states).
- Aggregate investment in land, buildings, and machinery by entrepreneurs in the park being at least twice the common infrastructure cost.
- Coverage of at least three segments of the textile value chain within the park.
Documents
- A general grant covers up to 40% of the project cost, capped at ₹ 40 crore per park.
- An additional grant of up to ₹ 10 crore per park is available for setting up apparel manufacturing units.
Subsidy/Benefits
- SPV Incorporation documents.
- Detailed Project Report (DPR) for the park.
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