KTR invites textile industry to Telangana

  • July 1, 2017 10:59 am

Our textile policy will be as revolutionary as our industrial policy, says Minister

Telangana Handlooms and Textiles Minister K. T. Rama Rao has enunciated the need for a national policy for promoting textiles, which he said, was the second biggest employment generating sector after agriculture.

Addressing the ‘Textile India Summit’ inaugurated by Prime Minister Narendra Modi at Gandhi Nagar, in Gujarat, on Friday, Mr. Rama Rao said the Telangana government recognised the importance of textiles sector and resolved to establish a ‘Mega Textile Park’ in Warangal.

He explained the Telangana government’s industrial policy at the CEO round-table meeting and said that the State had become a suitable destination for investments, a press release said.

He assured that the government’s textile policy would be as revolutionary as the industrial policy, and extended an invitation for investment.

Talking of the textile park proposed at Warangal, he said the production motto of the park would be ‘Fibre to Fashion’, and it would include even international fashion products. Housing would be provided for the workers inside the park, and skill development training offered through an institute that would be set up in association with PSG Institute, Coimbatore.

The cotton produced by Telangana is of good quality, he said, urging the investors to avail the advantage of the better quality of cotton.

In line with its ‘Meet or Beat’ policy, the Telangana government is ready to offer opportunities that will either match or supersede any package offered anywhere in the world for industries, Mr. Rama Rao said.

Union Minister for Textiles Smriti Irani and Chief Minister of Andhra Pradesh N. Chandrababu Naidu were also present at the round-table.

Source: The Hindu