KEY HIGHLIGHTS

  • 2nd largest – Cotton & blended yarn producer in the country
  • Ludhiana referred to as the Manchester of India -biggest manufacturing cluster for textiles in North India
  • Record production of raw silk (127 MT -2015-16)
  • Major exporter for apparel, spinning and hosiery products
  • Availability of rich resource base and a robust spinning capacity

KEY POLICY TARGETS

KEY INITIATIVES

  •  Focus on promoting garmenting industry
  • Focus on Development of competence in high fashion design
  • Upgradation of NIIFT as Centre of Excellence for High Fashion Garments and Textiles
  • Facilitation in setting up of Common Effluent Treatment Plants
  • Provision of highest FAR to garmenting units
  • Support to traditional handicrafts
  • Allowance to work in night shift to women employees

MAJOR CLUSTER PARKS:

  1. Ludhiana Integrated Textile Park at Ludhiana
  2. Rhythm Textile & Apparel Park at Nawanshahr
  3. Lotus Integrated Textile Park at Barnala
  4. Punjab Apparel Park at Ludhiana

KEY FISCAL INCENTIVES

Fiscal Incentives for MSME/Large units

  1. MSME – 100% Reimbursement of net SGST, Exemption in ED, SD
  2. MSME – 5% Interest Subsidy for Border and Kandi Area
  3. MSME – Assistance for Finance, Technology, Marketing & Exports
  4. Large – 75% of net SGST, 100% Exemption in ED, SD & 50% Property Tax
  1. Thrust Sector – 100% of net SGST, 100% Exemption in ED, SD & 50% PTax
  1. Early Bird Units in New Industrial Parks – 100% of net SGST upto 125% FCI
  1. Capital Subsidy to IT/ITES units- 50 % of FCI subject to ceiling of INR 2.5 cr per unit
  1. 5% interest subsidy for MSMEs for new/expansion/ diversification in addition to benefits under ATUF for apparel and made
    ups and
    technical textiles for 3 years subject to a maximum of 10 lakh per year
  1. Zoning regulations of industrial areas will be liberalized to provide units in apparel and made-ups sector higher FAR.

Fiscal Incentive for ANCHOR unit

  1. 100% Reimbursement of net SGST for 15years upto 200% of FCI
  2. 100% Exemption from CLU/EDC
  3. Employment Generation Incentive @Rs.30,000/employee/year
  4. CLU in Agriculture Zone for minimum land area of 50 Acres

Non-Fiscal Incentive

  1. Exemption from PAPRA and Grant of CLU for Anchor Projects
  2. Retail to stay open 365 days a year
  3. Exemption from Consent Management for Green Category Units

EXISTING PARTNERS

  1. Oswal
  2. Vardman
  3. Trident
  4. Winsome
  5. Duke
  6. Sportking
  7. Madame
existing partners

UPCOMING PROJECTS

Development of Mohali Biotechnology Park with following facilities:

i. Manufacturing facility upto orange category
ii. R&D centre: The State Government shall develop plug-and-play Lab space upto 5,000 sq. ft., to be leased to companies
iii. Incubation centre
iv. .Skill development and training centre
v. Provision for housing will be exclusively for executives and workers of the industrial units housed in the mega life science park
vi. A national/ international level biotech company as anchor unit