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Tiruppur firms commit to invest in Warangal Textile Park
21
Feb '17
Around 10 Tiruppur based textiles manufacturers have committed to invest in the Warangal Textile Park in Telangana. The Textile Park is being set up on 2,000 acres of land, of which the first phase of development will be on around 1,200 acres. Once the Park is operational, it is expected to offer high employment opportunities for people in the region.

A leading daily quoted the Telangana minister for industry and commerce KT Rama Rao, as adding that the vision behind setting up the Park is to make it a fibre to fabric destination.

“Telangana produces 6.0 million bales of raw cotton; however, consumption is only one million bales by local mills. Mills from the Tirupur belt can relocate and take advantage of the proximity and also surplus of cotton,” the minister observed.

The minister promised to grant approval within 15 days for anyone setting up a project, post which, the project would be deemed certified. (AR)

Fibre2Fashion News Desk – India


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