Bharat Tex: Telangana woos investors with textile industry incentives

Dr. E Vishnu Vardhan Reddy, special secretary of the Department of Industries and Commerce, told Fibre2Fashion that the state government is prepared to compete with the other states in attracting significant investment to Telangana. He acknowledged the intense competition among states nationwide for investment and affirmed that Telangana is not lagging behind in this regard, highlighting the state's provision of top incentives and policy support for investors.

Dr. Reddy added that Telangana, the third-largest cotton-producing state, is producing the best cotton in the country. He noted the availability of a skilled workforce in the state and highlighted the government's focus on investing in garmenting and technical textiles. These two segments present immense opportunities for textile companies within Telangana's flourishing textile sector.

He reassured investors that the state government is committed to facilitating them right from the outset. Investors can trust in seamless business operations, knowing that the government is always prepared to provide support when needed. Dr. Reddy also mentioned the upcoming PM MITRA Park in the state, which will offer state-of-the-art facilities within the integrated textile park.

Fibre2Fashion News Desk (KUL)