latest news on kakatiya textile park

The Kakatiya Mega Texile Park is envisaged to attract investments worth Rs 9,000 crore over the next five years. The allotment phase is expected to complete in a week's time. He assured them to provide best amenities and ecosystem for manufacturers to operate in the Park. The advantage in the location of the Kakatiya Mega Textile Park being located at Warangal is cotton being available. Textile Park works will be expedited: Errabelli Dayakar Rao. Read more about Telangana CM lays foundation stone for mega textile park in Warangal on Business Standard. ETRetail.com brings latest textile park news, views and updates from all top sources for the Indian Retail industry. To know more, see our, Telangana wishlist for Union Budget: Funds sought for handlooms, textiles. Kakatiya Mega Textile Park is promoted by Telangana State Industrial Infrastructure Corporation Limited (TSIIC), over an area of 1190 acre at Warangal, Telangana. Around 14 major textile companies have signed memoranda of understanding with the State government for setting up their industries with an investment of Rs 3,400 crore immediately after the foundation laying ceremony. Telangana’s Kakatiya Mega Textile Park … The proposed 'cotton-to-garment' park will be set up in an area of 2,000 – 3,000 acres, with a vision to have a "fibre to fabric (end-to-end)" facility. Telangana government and Korean textile and apparel major Youngone Corporation signed an agreement for an investment of over ₹900 crore in the Kakatiya Mega Textile Park (KMTP) in … The basic concept of the Park is to offer manufacturing for complete Textile value chain for Textiles and Apparel Industry. The Minister accompanied chairman of Youngone Corporation, Korea, Kihak Sung, on a tour of the textile park site spread over 1,190 acre. The foundation stone of the Kakatiya Mega Textile Park in Warangal will be laid by Telangana chief minister K Chandrasekhar Rao on October 20. Hyderabad (Telangana) [India], December 25 (ANI): IT and Municipal Administration and Urban Development Minister KT Rama Rao on Thursday wrote to Union Minister for Women Child Development and Textiles Smriti Zubin Irani seeking funds from the Centre for the development of handloom sector and textile park in the state. A team from Korean Federation of Textile Industries had also visited the park in August 2017. The Minister stated that the Kakatiya Mega Textile Park (KMTP) at Warangal would take off in the fiscal year 2021-22. The Telangana State Industrial Infrastructure Corporation (TSIIC) has initiated online commercial allotment of plots at the Kakatiya Mega Textile Park in Warangal. More From TOI. For reprint rights: Times Syndication Service, HYDERABAD: Not all the companies that initially showed interest will set up units at what has been described as the country’s biggest upcoming textile park at, Facilities almost in place at country's largest textile park at Warangal. © 2020 Hyderabad Media House Limited/The Hans India. Kakatiya Mega Textile Park (Warangal Textile Park) is a proposed textile park to come up in Warangal Rural district, Telangana. But some more new companies have also come forward to explore the possibilities of setting up their units at the Kakatiya Mega Textile Park (KMTP) coming up near Sayampet of Warangal. The park is expected to be inaugurated in April or May. The government has so far distributed nearly 26 lakh sheep to eligible persons under a … The unit, which will comprise of spinning and yarn mills may also have a dyeing unit. South Korea’s global textile manufacturer, Youngone Corporation was expected to invest Rs 1,000 cr in setting up a manufacturing unit. Warangal Rural: Kakatiya Mega Textile Park coming up near Warangal would emerge as a top textile park in the country, Minister for Panchayat Raj and Rural Development Errabelli Dayakar Rao said here on Wednesday. He sought funds be allocated in the Union budget 2021-22 for development of Kakatiya Mega Textile Park (KMTP) ... More Latest News. In a letter to Union Textiles Minister Smriti Z.Irani, he sought funds for the development of the Kakatiya Mega Textile Park, and sanction of a mega powerloom cluster at Sircilla as well as certain proposals for the development of handlooms and textiles. The proposed Kakatiya Mega Textile Park is nothing more than a hollow promise, District Congress Committee (DCC) President Naini Rajender Reddy said, accusing the … Get the Kakatiya mega textile park తెలుగు వార్తలు | Today’s Kakatiya mega textile park Latest News in Telugu, Photos and Videos, Daily News Headlines and Updates on Sakshi.com "KMTP is being developed at a total estimated project cost of … In a letter to Union Textiles Minister Smriti Z. Irani, he sought funds for the development of the Kakatiya Mega Textile Park, and sanction of a mega powerloom cluster at Sircilla as well as certain proposals for the development of handlooms and textiles. ... 22 firms sign MoUs for investment in Kakatiya Textile Park. Hyderabad: IT Minister K T Rama Rao on Wednesday said the state government was committed to creating employment in the textile manufacturing industry. Warangal: A skill development centre will soon come up at the Kakatiya Mega Textile Park. The Kakatiya Mega Textile Park at Warangal offers industrial space for Textile and Apparel Industry with state-of-art manufacturing facilities and integrated common infrastructure. The $1.75 billion turnover company will be acquiring 290 acres of land at Kakatiya Mega Textile Park (KMTP) at Warangal for the facility that … Kakatiya Mega Textile Park News: Latest and Breaking News on Kakatiya Mega Textile Park. The Telangana government recently sought allocation of funds in the 2021-22 union budget for development of the Kakatiya Mega Textile Park (KMTP) and sanction of a mega power loom cluster at Sircilla. Telangana Industries Minister K T Rama Rao invited textile giants in South Korea to invest in the upcoming Kakatiya Textiles Park in Warangal when the Korea Federation of Textile Industries (KOFOTI) met him in Hyderabad on Wednesday. News on Kakatiya Mega Textile Park a week 's time App for Latest City News, Copyright 2021... 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