Trade Resources Industry Views Indian Textiles Minister Has Agreed to Start 2 New Apparel Parks in Karnataka

Indian Textiles Minister Has Agreed to Start 2 New Apparel Parks in Karnataka

Indian Textiles Minister K Sambasiva Rao has agreed to start two new textile (mainly for apparel) parks in the southern state of Karnataka—one each at Yadgir and Bellary, according to a Deccan Herald report.
 
There is tremendous potential for export of garments, and new textile parks can be opened at Yadgir and Bellary, the Minister said after laying the foundation stone for basic infrastructure facilities at the upcoming Gulbarga Textile Park.
 
In addition to the textile parks, there is a need to equip the workers with the necessary skills, the Minister said and proposed setting up a skill development centre in Gulbarga.
 
The Gulbarga textile park is coming up on 50 acres of land at the Nandur Kesaratagi Industrial Estate with an initial investment of Rs. 1 billion.
 
Once the park commences operations, it should be able to export Rs. 2 billion worth of garments annually and the capacity can be increased thereafter, as there are excellent opportunities for exporting garments, Mr. Rao said.
 
Giving an example of importance of skill development centre, he said Moradabad district in Uttar Pradesh alone exports handicrafts worth Rs. 40 billion annually, as there is a skill development centre there. He added that similar success can be achieved by textile parks, if skill development centres are set up nearby.

Source: http://www.fibre2fashion.com/news/apparel-news/newsdetails.aspx?news_id=152818
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Minister Agrees to Start 2 New Apparel Parks in Karnataka