Home breadcru News breadcru Policy breadcru Indian govt yet to decide on Karnataka's interest in textile parks

Indian govt yet to decide on Karnataka's interest in textile parks

21 Sep '21
1 min read
Pic: Shutterstock
Pic: Shutterstock

Though India’s Karnataka government has shown keen interest in developing mega textile parks in the state, the central textile ministry is yet to take a decision on any of the proposals as the project is still in its infancy, said central textiles ministry secretary U P Singh, who recently interacted with textile industry representatives in Bengaluru.

The secretary apprised them about the various incentives offered by the central government to those planning to expand their business.

According to Singh, seven mega textile parks have been planned in the country though locations have not yet been decided.

Singh added that the parks will come up only in states that fulfill certain parameters like 1,000 acres, investor-friendly policies, good connectivity through road, rail and port, regular water and power supply, according to a news agency report.

"Karnataka is one of the garmenting hubs of India. Since the Government of India is offering incentives for five years to the textile industry as well, we wanted to the industrialists here to avail the benefits," Singh was quoted as saying.



 

ALCHEMPro News Desk (DS)

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