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Home » Foundation stone for Telengana Textile Park soon
Industry Update

Foundation stone for Telengana Textile Park soon

By October 24, 20172 Mins Read
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The Kakatiya Mega Textiles Park in Telangana will become one of the biggest apparel parks in the country and Warangal to become another financial capital of Telangana as part of decentralisation process, says IT & Handlooms Minister, KT Rama Rao “We plan to spend Rs 667 crore in first phase for the park which on becoming operational will provide 1.20 lakh jobs and produce all sorts of clothes from one place in Telangana.

The minister launched a logo of the Textiles Park that resembles the famous Warangal Arch and had a look at DPR Map along with Deputy Chief Minister Kadian Srihari and others. KTR inspected the arrangements for the proposed park at Geesukonda near Shayampet. Chief Minister K Chandrasekhar Rao is expected to lay the foundation for Textile Park on October 22 and will sign a Memorandum of Understanding with 12 companies.

The park will be a jewel in the crown of Telangana and give more employment to women-folk, he said. “The entire picture of Warangal will take a positive change of rapid growth as the Textile Park will be built in an eco-friendly manner”, he added. Stating that the State government started allotting funds in its budget for the municipalities, he said the park will give more work and better salaries for the workers.

“Skilled labour will be coming to work in this park. We are trying to produce a wide ranging of clothes of all sorts as to give a very a tough fight to national and international cloth and apparel companies”, KTR asserted. “In addition to get a deal with Coimbatore Textile Company to set up a Textile College at the Park here and we will get a tie up with NIFT to encourage Fashion Technology”. KTR also said that the park was not at all an election stunt and the project will be completed in one year and start clothes production.

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