The Karnataka Government has earmarked 1,000 acres for the upcoming textiles park at Yadgir in north Karnataka. The Government intends to also develop an integrated park at Yadgir. The Karnataka Government is also planning to develop smaller textile parks at various places such as Vijayapura, Ballari and Chamarajanagar districts.
The State Government wants industries to move away from the congested Bengaluru region and it is ready to offer incentives to industries willing to move out of Bengaluru. Karnataka intends to revise its Textile Policy and has sought views and comments from the stakeholders of textile industry. The amendment is expected to be carried out to suit the interests and needs of the textile industry.
The Government has acquired around 3,300 acres in Yadgir district, of which about 1,000 acres will be used for setting up the textiles park. The construction of the textiles park, in the most backward region of the state, is likely to improve condition of cotton growers and weavers besides generating employment for a large number of people. The Central Government has set a target of achieving a 20 per cent growth in the textile sector during the 12th Five Year Plan period as compared to 11 per cent during the 11th Plan period. To achieve this target, the government has come out with a scheme of integrated textile park (SITP) in the country. Till now, several proposals have come and by March this year, around 7-8 parks will be approved. The state governments will be encouraged to identify large area for setting up of mega textile parks. Each of these mega textile parks should have at least 2,000 acres to 5,000 acres land so that the foreign direct investment could be attracted.
Unless the state governments come forward, it is not possible to develop mega textile parks as it requires large land area. The central government is ready to secure technological assistance from countries like China, France, Switzerland among others. It has also promised to provide the required infrastructure facilities. The government is also working towards training around 1.5 million people in the textile sector during the 12th Plan period. Of this, till now only 300,000 people have been trained.