With the aim to woo investors to the mega textile park in the state, Department of Handlooms and Textiles, Government of Telangana has signed up for the International Trade Fair for Technical Textiles and Nonwovens ? Techtextil India 2017. The Government of Telangana will be promoting textile policies and highlighting investment prospects at this trade fair in a bid to attract companies and investors to the State.
Minister for Handloom and Textiles, KT Rama Rao shared: “Telangana aims to strengthen the textile and apparel industries in the state. With this in mind, we have recently launched an aggressive set of incentives which are easily the best support offered by any state. Technical textile is the sunrise sector within this industry with huge opportunities of growth considering its application and demand in various segments. In order to attract this sector, the state offers additional incentives in areas such as capital support, power tariff and land price rebate over and above what is being offered to conventional textiles.â€Â
On announcing a close co-operation with Messe Frankfurt, he further added “The state is also developing Kakatiya Integrated Mega Textile Park in Warangal over an area of 1200 acres with full complement of high quality trunk infrastructure. Through this partnership with Techtextil India and Messe Frankfurt India, we want to reach out to this niche sector and invite them to explore the immense growth opportunities that Telangana has to offer. We look forward to interacting with leading brands and partnering with them to create a roadmap for technical textiles in Telangana.†Minister Rao is also expected to visit the fair and address the opportunities in store to the textile industry players.
Scheduled next month, from September 13-15, 2017 at the Bombay Exhibition Centre in Mumbai, the trade fair will target solutions across multiple technical textile applications in agriculture, automotive, building, clothing and protective clothing, environmental protection, geo-technology, housing and home, medical science, packaging and sports. Top textile players including Reliance Industries, Welspun, Garware Wall Ropes, Groz Beckert, Khosla Profil, Luwa India, Lenzing AG, Archroma, and CHT India will be showcasing their latest solutions for these key application areas. Overall, more than 160 companies from 9 countries including Austria, Belarus, China, France, Germany, Italy, Korea, Spain and Switzerland will be participating at this premium industry platform.