Tirupur - New Tirupur
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Tirupur - New Tirupur
NETAJI APPAREL PARK - NEW TIRUPUR
It is only apt that Tirupur has become the capital of fashionable knitwear of India, a reputation firmly acknowledged by international giants and leaders in Apparel marketing i.e., C&A, Wallmart, JC Penny, GAP, Mark & Spencers, Sara Lee,Tomy Hilfiger, Karstadt Quell etc., This phenomenal apparel manufacturing growth of Tirupur has to be ably supported by a worldclass Apparel Park where the production facilities and other infrastructure are comparable to the best available as in highly developed countries. In 2002 the Ministry of Textiles, Government of India gave its approval for the creation of a world class Apparel Park to boost the exports of apparel Mr. A. Sakthivel, President TEA seized the opportunity and envisaged a big project for the establishment of a unique Apparel Park. The result of which is Netaji Apparel Park.
From the Project planning to the execution and the final completion of NAP the excellence of application is visible thorough at NAP is situated on NH 47 between Avinashi and Perumanallur. When this idea was floated to the exporters there was an enthusiastic response from them and with the initial contribution of Rs. 15.25 lakhs from each of them which was fixed for a 2 acre plot in the NAP. The necessary formation of a corporate body to implement the project with Mr. Sakthivel as the Chairman and the Managing Director was effected to supervise the day to day administration of the project at various stages.
150 acres of land was acquired at Ettiveerampalayam with 50% concession from Government on stamp duty in June 2003. There are 46 plots of 1.8 acres each and 8 plots at 3.6 each with excellent roads at 60 feet breadth for easy transportation of containers in the area along with a excellent infrastructure facilities like water supply, drainage sewerage, training centre display hall, labour welfare facilities production facilities of international standards in addition to acaptive power plant. The New Tirupur Area Development Corporation Limited (NTADCL) is the nodal agency and NAP is the implementation agency with the Managing Director (NTADCL), Ministry of Textiles, Government of India were appointed to the Board as Directors of NAP with the approval of the respective Governments.
The foundation stone was laid by Shri. Shawnawaz Hussain, the then Minister of Textiles, Government of India on 4th July 2003. The Board of Directors of NAP constituted the Infrastructure Development and Building Committee to float tenders for infrastructure development works, Captive Power Plant and factory buildings NAP appointed consultants for Project Management, Civil and Electrical Engineering. The IDBC formulated infrastructure development, Captive Power Plant and factory buildings. The Apparel Park has the design of production facilities as in the European Union courtiers, USA with the basic objective of creating a world class knitwear manufacturing facility. The work was completed in January 2005 and inaugurated by Shri. P.Chidambaram, Hon’ble Finance Minister, Government of India. The total cost infrastructure facilities, the Captive Power Plant and the factory buildings worked out to Rs. 92 crores. The Park has 53 companies manufacturing knitwear for exports. Each unit will be a model to answer the requirements of international standards in all aspects. In addition to investment of Rs. 92.00 crores on infrastructure and factory buildings about Rs.150.00 crores is being invested on machinery.
FUNDS FOR INFRASTRUCTURE DEVELOPMENT:
Ministry of Textiles, Government of India, New Delhi has given a grant of Rs. 13.50 crores for the Park.
PRODUCTION AND EXPORTS:
The standard unit in NAP area will produce 7500 pieces per day and the value will be 3 dollar per piece and the total value of production per day in US dollars will be 22,500 dollars or Rs. 10.50 lakhs per day in Indian rupees expecting a full annual production of 240 man days. The total turn over for the unit will be Rs. 25.20 crores. If all the units achieved this maximum production level the value will be Rs. 1500 crores per annum and with Tirupur contributing Rs. 5000 crores the NAP will fetch Rs.1500 crores when 3 years are completed.
ENVIRONMENT MANAGEMENT
The need for Common Effluent Plant has been done away with due to the absence of wet processing like dying, printing which are not done here. Rain water harvesting along with suitable arrangements for sewerage treatment has been provided for. The green belt will be developed which will have more than 2500 avenue trees lawns and flowering bushes and plants.
FINANCIAL ASSISTANCE FOR MANUFACTURING UNITS
NAP in collaboration with SBI overseas branch, Tirupur has arranged for a Term loan and the working capital for the units and the rate of interest pegged at 9.75% per annum. TUF Scheme by Ministry of Textiles have been extended and increased the eligibility limit for an investment on Land and Building to 50% for the Apparel units. The New Tirupur consisting of NAP is a prestigious growth centre of international standards in India for knitwear.
Tirupur - New Tirupur
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