Several of them are looking at joint venture opportunities
The Integrated Processing Development Scheme, recently announced in the Union Budget for the textile sector, will enable development of new textile processing parks and also improve infrastructure, including effluent treatment facilities, in the existing textile processing centres through public private partnerships.
With an outlay of Rs. 500 crore for the XII Plan period, the scheme looks at leveraging Rs. 5,000 crore investment in the segment.
The budget has proposed Rs. 50 crore allocation for 2013-2014. Details of the scheme are expected soon.
“The environmental problems in the textile sector are a major challenge, and we need to address it,” said an official in the Union Ministry of Textiles.
The scheme will help improve the effluent treatment facilities in existing textile centres such as Tirupur, Ludhiana and Surat.
The focus is on identifying technologies that will address the environmental challenges in textile processing, the official said.
A 12-member Israeli delegation recently visited Tirupur to study the processing sector, and to explore collaboration opportunities in waste water treatment technology.
The Apparel Export Promotion Council had organised a meeting of the garment exporters and the delegates.
Niv Morag, Water Sector Director of the Israel Export and International Cooperation Institute, who was part of the delegation, told The Hindu on Wednesday that Israeli companies were looking at joint venture opportunities in India.
Most of the companies are already working in India on small projects.
“We are talking about a delegation coming to Israel as a follow-up visit to see the sites and technology,” he said.
The main requirements of the textile processing sector were energy efficiency and treatment of waste water for reuse to bring down costs.
A small-scale project could be taken up, and based on its success, it could be scaled up, he said.