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Monday, 18 July 2022

Karnataka CM lays foundation stone for Shiggaon Textile Park and apparel factory of Texport Industries

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The Karnataka State Government has been planning to set up textile parks in all taluk centres considering the potential of textile industry.

The State Government would be amending the new Textile and Garment Policy 2019-24, following which more jobs would be created in the textile and garment sector.

Basavaraj Bommai, the Chief Minister of the state, shared this information.

He also laid the foundation stone for Shiggaon Textile Park and an apparel factory of Texport Industries at Basapur village in Shiggaon taluk of Haveri district.

The textile park in Shiggaon, spread in an area of 59.34 acres, would create employment to 5,000 people. At an investment of Rs. 42 crore, the apparel factory will create 3,000 jobs.

For the first time in the state, a textile park entirely owned by the Government is being set up in Shiggaon. The requisite infrastructure for the establishment of apparel and textile units will be provided in two phases.

In the first phase, Rs. 25 crore will be spent on infrastructure. However, by the time the textile park is completed, an investment of Rs. 2,000 crore will be made.

Minister Shankar Patil Munenakoppa, who was also present on this occasion, said there was good cultivation of cotton in Shiggaon taluk where there was wide scope for establishment of ginning, spinning, processing, printing and apparel units.

Source : https://in.apparelresources.com/