New Textile Policy For Telangana

New Textile Policy For TelanganaThe newly formed Telangana is working on a new textile policy, which will be in line with the national policy. The government, in the proposed policy, will look to provide incentives that match with those given by states like Maharashtra, Tamil Nadu and Gujarat to attract new industries.

The government has also decided to set up a mega textile park in Warangal and has sought clearances from the centre for the conversion of forest land for it. Warangal is the largest cotton growing district in the state.

There is about 1,900 acres of forest land. “We are preparing proposals to seek approvals for the use of the same. There are two smaller land parcels that are not part of the forest land and we will look to use these for initiating works,” Jayesh Ranjan, managing director of Telangana State Industrial Infrastructure Corporation said. Ranjan is part of the five-member special task force, set up to study the opportunities in the textile industry.

The committee is headed by deputy chief minister, Kadiyam Srihari, and A Ramesh and C Dharma Reddy, both legislators, and BV Papa Rao advisers to the state government are the other members.

The panel has visited Surat, Bhiwandi, Tirupur and Coimbatore to study the incentives offered and support system provided, master weavers and their role, products from the various companies, machinery used, global market scenario and demand supply aspects.

The investment potential of the textile park will be covered in the project report, to be prepared shortly. A meeting has been organised on March 7 to seek the industry’s feedback on the integrated mega textile park, Ranjan added.

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