Hyderabad
Telangana government is
developing a state-of-the-art weaving facility at Peddur village in Sircilla.
Welspun has laid a second foundation stone for an advanced textiles project
with an investment of Rs 4.15 billion.
KT Rama Rao, IT and Industries Minister, said that, the works are
on for construction of 50 industrial sheds that will house 4,416 power looms
and 60 warping machineries along with other common facilities in 88 acres.
He added that, Ganesha
Ecosphere is setting up two new projects in Kakatiya Mega Textile Park,
Warangal, that are a recycled polyester filament yarn plant with an investment
of Rs 3 billion and a washed PET flakes and polypropylene fibre plant with an
investment of about Rs 2 billion. Welspun has laid a second foundation stone
for an advanced textiles project with an investment of Rs 4.15 billion.
He also said that,
the State is ranked at the sixth place in the ranking of Logistics Ease Across
Different States (LEADS) and is ranked at second place among the land locked
States.
Source: Telengana Today
Image: Google Images
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