In order to attract more investments in the textile industry, the state government has decided to set up five new textile parks in different parts of the state.
A Rs 200 crore textile park has been approved by the Centre for being set up in Gulbarga at an estimated cost of Rs 200 crore.
Karntaka’s Textiles Minister Varthur Prakash, who announced the Centre’s approval of the proposal for setting up the textile park in Gulbarga on Thursday, said the Centre will be immediately releasing Rs 40 crore.
When the textiles park is completed and becomes fully operational, it is expected to provide employment to 20,000 people, the minister said pointing out that the Centre would give clearance for setting up another textiles park in Bellary shortly.
The State Government has proposed to set up parks in Belgaum, Chikkballapur, Tumkur, Chitradurga and Kolar, Prakash said.
Under the Central Scheme for Integrated Textile Park (SITP), the State has set up the textile park at Doddaballalpur by investing Rs. 92 crore and it has provided jobs to 2500 persons.
Karnataka was a partner state in the recent Technotex 2011, an international seminar on technical textiles held in Mumbai where Prakash invited industrialists to invest in the sector in the state and received good response. About Rs 500 crore investment flow is expected in the state
6 comments
HARSHA says:
Mar 12, 2013
there is not progress of new textile park in glb, when it is going to start, or this will be in news paper only. please reply. already 2 years gone.
Mohammed Rafeeq Patel says:
Dec 4, 2011
First of all i would like to say thanks who had started a very good beginning to aware gulbarga up coming news from namma gulbarga really its an a very good opportunity to get online news, please keep me more update by mail.
Ramesh sedam says:
Nov 24, 2011
well this is happy news to gulbarga that new textile park is coming, still we are expecting some new innovations in our gulbarga. I sincerely request to our glb ministers to take initiative steps to improve the roads n horticulture of the city.
Please rise your voice on these friends..
Ramesh Sedam
rajesh says:
Nov 8, 2011
Memories of MSK Mill….
Vijay says:
Nov 6, 2011
Its indeed a good move from Governments. But, whether its a new announcement or already sactioned long back and is being announced once again?
By the way, where exactly in Gulbarga is this Textile Park being set up?
Vijay
Shiv says:
Nov 6, 2011
This is very good move from Government. Still we have to do lot of improvement in our country in various field like Agriculture , Dairy , Poultry , Horticulture & Food Processing Industries With latest technology