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Karnataka govt prepares draft textile policy 2013-18
23 May '13
1 min read
The newly-elected Congress government in the southern Indian state of Karnataka has prepared a draft textile policy for the period 2013-18, state’s Textile Minister Baburao Chinchanassor has said.
Speaking to reporters in Bangalore, the Minister said the draft textile policy has been prepared after studying the textile policies of the neighbouring states and on the basis of the growth prospects of the textile sector in the state.
Mr. Baburao also informed that the state government is planning to set up a mega textile park on 1,000 acre of land at Gurmitkal in Yadgir district.
He said a proposal would soon be forwarded to the Karnataka Industrial Areas Development Board asking it to sanction 1,000 acres of the total 3,500 acres of land acquired by it for industrial development at Kadechoor.
The proposed textile cluster would involve an investment of Rs. 10 billion and on completion would generate 5,000 new jobs, the Minister said.
He said the mega textile cluster project would soon be placed before the Cabinet for approval.
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