Department of Investment Promotion - Invest...
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Department of Investment Promotion
Transcript of Department of Investment Promotion - Invest...
Department of Investment Promotion
Known as the land of lush green fields, free flowing rivers and festivities
Warm hearted people, well-known for their enterprise
Rich history, diverse culture and deep-rooted traditions Rich culture reflected in the world famous Punjabi cuisine
PUNJAB
PUNJAB
Ludhiana adjudged as ‘best place for doing business in India’
as per World Bank Study, 2009 & 2013
3rd most attractive destination for new investments in India in
2012-13 as per Reserve Bank of India
Won the IBN Diamond States Award, 2012, for the ‘Best Big
State’ in the ‘Core Infrastructure’ category
First rank in Investment Environment & Infrastructure
by India Today, 2013
PUNJAB
GATEWAY To The Region
Robust INFRASTRUCTURE
Abundant SKILLS &
ENTERPRISE
Attractive INCENTIVES
Ease of DOING Business
AN OVERVIEWTEXTILE SECTOR IN PUNJAB
• Punjab is among the largest producers of cotton and blended yarn as well as mill-made
fabrics in India
• A well developed ecosystem for manufacturing
• Excellent infrastructure in terms of availability of power and connectivity to markets
• Supply chain and logistics synergies: 6 container freight stations and 3 Inland
Container Depots (ICDs) providing excellent cargo handling facilities. 3 new ICDs and 1
logistics park under implementation
• 4 integrated textile parks providing industrial plots with all necessary infrastructure and
essential clearances
• Earmarked clusters for the development of product segments within the Textile sector
• Good industrial relations
HIGHLIGHTS FOR PUNJABTEXTILE SECTOR IN PUNJAB
Production of yarn 655 Million Kg
Production of cloth 150 Million Sqm
Share of sector in total production in Punjab 19%
Share of sector in exports from Punjab 38%
Export of hosiery and readymade garments USD 630 Million
Export of yarn and textiles USD 1,300 Million
2nd largest - Cotton & Blended Yarn producer in the country
Ludhiana is the biggest manufacturing cluster for textiles in North India
Source: Survey of Punjab, 2012-13, Statistical Abstract, 2012,Government of Punjab
OPPORTUNITIESTEXTILE SECTOR IN PUNJAB
READYMADE GARMENTS &
RETAIL
EXPORT POTENTIAL SPINDLEAGE TECHNICAL TEXTILES
High per capita income in the
region is an attractive market for
readymade garments
Potential for yarn exports to
neighbouring countries -
Bangladesh, Pakistan and
China
Punjab, Haryana and
Rajasthan together grow
over 52 lakh bales* of cotton
annually while consumption
is less than 40 lakh bales
Opportunities in textile for -
Automotive applications
- Geo textiles
- Medical textiles
- Agro textiles
- Protective clothing etc.
Access to large domestic
markets
Potential to be a top
exporter to large markets
such as Europe
Potential for increase in
spindleage (*1 bale = 170
kg)
TEXTILE PARKSTEXTILE SECTOR IN PUNJAB
NAME LOCATION AREA (ACRES)
KEY ACTIVITIES
Ludhiana Integrated Textile Park Ludhiana 60 Circular knitting, flat knitting- manual and
computerized garmenting
Rhythm Textile & Apparel Park Nawanshahr 20 Garmenting & knitting
Lotus Integrated Textile park Barnala 100 Production of towels, melange yarn,
bathrobes and training center
Punjab Apparel Park Ludhiana 85 Production of readymade garments
GROWTH STORYTEXTILE SECTOR IN PUNJAB
Unit 2007-08 2008-09 2009-10 2010-11 2011-12
Cotton (Yarn) Kg (million) na na na 497 497
Yarn (Woollen) Kg (million) 484 570 597 675 694
Cotton Towels No. (thousands) 7514 8553 8580 8731 8871
Shawls/Woolen
hoisery
No. (thousands) 1861 1907 2216 2439 2473
Production of selected products in the Textile Industry
Source: Economic Survey 2012 – 13, Government of Punjab
Source: Statistical Abstract 2012
GROWTH STORYTEXTILE SECTOR IN PUNJAB
Installed Capacity in Punjab
Source: Statistical Abstract 2012
KEY PARTNERSTEXTILE SECTOR IN PUNJAB
• Retention based recovery of Fixed
Capital Investment
• Independent of State machinery 50-90% Retention
VAT and CST Incentive
Landmark Incentives
Other Incentives
50-100% exemption
Electricity Duty Incentive Stamp Duty Incentive Property Tax Incentive
50 - 100% exemption 50-100% exemption
*Total incentives cannot exceed Fixed Capital Investment (FCI) – As per FIIP 2013
STATE INCENTIVE POLICYTEXTILE SECTOR IN PUNJAB
INVEST PUNJAB – One Stop ClearancesEASE OF DOING BUSINESS
Regulatory Clearances Fiscal Incentive Approvals
Punjab Bureau of Investment Promotion
• Single office
• Single level of approval
• Single online application
• Single time document submission
• Single communication channel
ADDRESSPunjab Bureau of Investment Promotion
Department of Investment Promotion
Udyog Bhawan, Sector 17
Chandigarh, PIN - 160017, India
Email: [email protected]
Telephone: +91 172 2776001
www.investpunjab.gov.in
www.progressivepunjab.gov.in
WELCOME TO
Thank You
