Telengana interested in mega textile parks
Telangana’s textiles industry, may have many global companies coming forward to set up shop. The State government is also interested in the establishment of a Mega Integrated Textile Regional and Apparel (MITRA) park.
According
to the Ministry of Textiles, Telangana is among the few States to show interest
in the setting up of PM MITRA parks. The Central government has approved seven
such parks with an outlay of Rs 44.45 billion, which would be set up over a
period of five years, so that the States could attract FDI and local investment
in the sector.
The
parks will be set up at greenfield/brownfield sites and their infrastructure
includes an incubation centre, plug and play facility, developed factory sites,
roads, power, water and waste-water system, common processing house, testing
centres, workers’ hostels, logistics park, warehousing, and medical, training
and skill development facilities.
If
the Centre gives the nod for establishing one of the parks in Telangana, it
would create thousands of job employment opportunities for locals. At present,
the textile and apparel parks are located in Warangal and Sircilla.
Textile
giants like Youngone Corporation, Kitex Group, Gokaldas Images Private
Limited, Welspun Group and Ganesha Ecosphere have already come forward to
establish their textile and apparel parks, weaving units and other related
manufacturing centres in the State.
These
parks will be set up at greenfield/brownfield sites and their infrastructure
includes an incubation centre, plug and play facility, developed factory sites,
roads, power, water and waste-water system, common processing house, testing
centres etc.
Image: The New Indian Express
Image
Source: Google Images
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