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The government has received 55 proposals for establishing integrated textiles parks in various parts of the country. The government has approved a budgetary allocation of Rs 400 crore for setting up new textiles parks under the Scheme for Integrated Textile Parks (SITP).
At present, there are 40 textiles parks in Tamil Nadu, Karnataka, West Bengal, Gujarat and Andhra Pradesh. As per the scheme, the government will finance 40% of the cost of facilities and infrastructure, up to a limit of Rs 40 crore. To encourage the production of special yarn and silk, two silk parks have been sanctioned at the Doddabalapur Integrated Textile Park and Kanchipuram AACM Handloom Silk Park.
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