PM Modi to Inaugurate Warangal Mega Textile Park, Boosting Jobs and Investment

0
297

Prime Minister Narendra Modi will virtually inaugurate the PM MITRA Mega Textile Park in Warangal, Hyderabad on 10th May, a move expected to boost manufacturing, employment, and exports. 

Spread across 1,327 acres, the park is one of India’s largest textile parks and has been selected under the PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Scheme as a Brownfield Mega Textile Park. 

The textile park is expected to generate more than 24,400 jobs upon full operationalisation with 2,000 jobs already created. With its strategic location, plug-and-play facilities, and integrated ecosystem, the KMTP is set to become a major driver of textile manufacturing and employment in the state.

The total cost of the project is Rs. 1,695.54 crore (US $178 million) while the expected investment is more than Rs. 6,000 crore (US $632 million) and the grounded investment is more than Rs. 3,800 crore (US $400 million).

The textile park has already received investments from prominent textile and apparel companies. For instance, Kitex Garments has commenced commercial production at its unit in the park, with plans to scale up output to 1.1 million garments per day and expand globally. The company has made an investment of US $190 million in the park.

Among other investors, Youngone Corporation has committed US $120 million, while Kitex while Ganesha Ecosphere is also investing US $107 million, underscoring strong industry interest in the park.

Union Coal Minister G. Kishan Reddy noted that 62% of the park area has already been allotted to anchor investors, while internal infrastructure, including roads, water supply, and street lighting have been completed and the 232/132/33 KV power substation and 220 KV transmission line are nearing completion.

He further emphasised that the construction of a 12 MLD water supply system is at an advanced stage, while phase I of the five MLD CETP with Zero Liquid Discharge is undergoing a trial run. 

Under the leadership of the Prime Minister, the Central government continues to strengthen the country’s industrial infrastructure and position India as a global textile powerhouse.

Rechercher
Catégories
Lire la suite
Designers & Design Studios
Лучшие игровые автоматы и слоты
Портал Betslive осуществляет роль информативного путеводителя в сфере целеустремленных...
Par Ivan Popov 2026-06-08 12:33:33 0 154
Fashion Media & Publications
Textile Exporters see higher wage bills, compliance costs
The codes introduce a universal minimum wage across organised and unorganised sectors, replacing...
Par Financial Express 2026-03-31 08:10:03 0 502
Fashion Media & Publications
Textile MSMEs Expected to Face Slower Revenue Growth and Margin Pressure in FY27: CRISIL Intelligence
The readymade garment (RMG) industry, dominated by MSMEs, is expected to record revenue growth of...
Par Textile Value Chain 2026-05-28 05:28:41 0 256
Fashion Media & Publications
Mechanical vs Chemical Textile Recycling - Which Method Shapes the Future
The textile recycling industry faces a critical fork in technological development: mechanical...
Par Global Textile Times 2026-04-01 09:10:45 0 947
Fashion Media & Publications
India-US trade pact opens dollar 118 bn textile market for Indian exports
India-US agreement reduces tariffs, unlocking a $118 billion textile market, boosting exports and...
Par Business Standard 2026-04-03 04:44:24 0 854