Home / Knowledge / News / Textiles / Guntur gets two new textile parks
Guntur gets two new textile parks
02
Aug '10
Kanna Lakshminarayana, Minister for Major Industries recently while speaking to the press spoke of the government's proposal to come up with two textile parks in Guntur so as to add value to the cotton manufactured in the district.

The Minister informed that, two parks were planned to take shape at Bapatla and close to Budampadu in Guntur rural mandal. He further divulged that, once the two parks start operations on a daily basis, they will utilize almost 30 percent of the yarn.

While speaking on industrial development, he said that the Chief Minister, K Rosaiah was pretty keen to expand industrial base in Andhra Pradesh. The Minister also said that, the proposed Solar City project was also likely to take shape in Guntur.

Construction work with respect to Apache Park at Guntur, for which the government gave both permission for the due construction and also provided land, will be unveiled by Rosaiah, said the Minister. The company would spend around Rs 500 million in its initial stage, would also generate employment for the youth.

This investment of Rs 500 million would steadily be raised to Rs 2 billion, he said. Also he added that, the APIIC has plans to enhance infrastructure in Autonagar.

Fibre2Fashion News Desk - India


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search