Home breadcru News breadcru Industrial breadcru Indian state Karnataka to set up textile park in Haveri district

Indian state Karnataka to set up textile park in Haveri district

18 Jul '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

A textile park will come up at Karnataka’s Khursapur village of Shiggaon taluk in Haveri district. State chief minister Basavaraj Bommai last week laid the foundation stone for the park and a garment factory of Texport Industries Pvt. Ltd. there. Infrastructure facilities would be created in three phases for the textile units and readymade garment factories.

The state government has provided ₹25 crore for the first phase of the project, that will come up covering over 59.34 acres.

The Texport unit would be set based on the anchor-promoter model with an investment of ₹42 crore, media reports from the state said.

“In the coming three to four years, every taluk of the state will have a textile park for the help of local farmers and their educated children,” the chief minister said.

"In the Shiggaon Textile park, around 10,000 jobs will be created, where most of the locals will be employed. In the first phase, around 3,000 jobs will be created and in the second phase, the remaining jobs will be created by September 2023. Like this, around 5 lakh women of the state will be getting jobs in their nearby textile factories in the coming days," he added.

ALCHEMPro News Desk (DS)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!