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Karnataka considering subsidies for Sutlej's textile unit
01 Jan 19 1 min read
The Government of Karnataka is considering certain subsidies sought by Sutlej Textiles and Industries Ltd, which is setting up a unit in Chamarajanagar district of the state. The unit is to be set up in Chamarajanagar Industrial Park developed by the Karnataka Industrial Area Development Board (KIADB). The new unit will initially create 1,500 jobs.
Representatives of Sutlej Textiles recently held talks with chief minister HD Kumaraswamy during the latter’s visit to Delhi recently, South Indian media reports said quoting Chamarajanagar MP R Dhruvanarayan.
While assuring all help by the state government in setting up the textile unit, Kumaraswamy agreed to consider certain subsidies sought by the Bhawanimandi, Rajasthan-based company. (RKS)
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Fibre2Fashion News Desk – India
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