India: NTC to set up technical textile cluster

State-owned National Textile Corporation (NTC) is making a foray into processing and plans to set up a technical textiles cluster with private partnership. The processing facility, coming up at its newly-set-up unit at Hassan in Karnataka, would commence operations "very soon," a top NTC official said.

The facility, which would have a capacity to process 40,000 metres of fabric a day, would be housed at NTC's 40-acre unit. The composite greenfield unit is being set up with an investment of Rs 250 crore with 40,000 spindles and 48 shuttle-less looms for weaving, said K Ramachandran Pillai, Chairman and Managing Director, NTC.

Modalities were also being worked out for setting up a technical textile cluster, which would have a minimum of 10 projects at a cost of Rs 250 crore, with private partnership, he said. NTC would provide infrastructure facilities such as land and building and choice of the location would depend upon private players, Pillai told reporters on the sidelines of a seminar on technical textiles organised by CII here.

It shortlisted some locations including a 135-acre plot in Kanpur, Vidarbha region of Maharsthra and also Coimbatore for the cluster, he said.

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