To enhance and improve the infrastructure facilities, The Ichalkaranji Municipal Council, Ichalkaranji Industrial Estate, DKTE’s Textile and Engineering Institute, Laxmi Industrial Estate and Parvati Industrial Estate have jointly come together and formed a Special Purpose Vehicle (SPV) company viz. “Ichalkaranji Textile Development Cluster Limited (ITDC) which has been registered and it will implement the project. The individual members will contribute to the extent of about 50% of the project cost and the balance amount would come in from the grant in aid from Department of Industrial Promotion and Policy, Government of India, vide their letter No. 5/18/4/2005-DBA-I dated 8th April, 2005 under the Industrial Infrastructure up-gradation Scheme (IIUS).
