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Work on Kakatiya textile park in Warangal starts Oct 20
12
Oct '17
Work on Kakatiya textile park in Warangal starts Oct 20
The foundation stone of the Kakatiya Mega Textile Park in Warangal will be laid by Telangana chief minister K Chandrasekhar Rao on October 20. Being set up at a cost of Rs 11,000 crore in public-private partnership, it will have ginning, spinning, weaving, processing and garmenting facilities and is expected to attract investments of over Rs 11,000 crore.

On the same day, the chief minister will also lay the foundation stone for the Rs 669-crore Warangal outer ring road project, part of a string of infrastructure development projects in the district., according to media reports from the state.

Weavers who have migrated to Maharashtra, Gujarat and Haryana would be urged to return after the project is completed. Telangana produces about 60 lakh bales of cotton a year, most of which is sent to adjoining states due to shortage of processing units.

Some Tiruppur-based textile manufacturers have already committed to invest in the textile park. (DS)

Fibre2Fashion News Desk – India


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