The Minister stated that the Kakatiya Mega Textile Park (KMTP) at Warangal would take off in the fiscal year 2021-22. South Korea’s global textile manufacturer, Youngone Corporation was expected to invest Rs 1,000 cr in setting up a manufacturing unit. 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. Telangana has entered into 16 agreements with various firms to set up factories at the Kakatiya Mega Textile Park in Warangal. 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. 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 is promoted by Telangana State Industrial Infrastructure Corporation Limited (TSIIC), over an area of 1190 acre at Warangal, Telangana. The proposed Kakatiya Mega Textile Park is nothing more than a hollow promise, District Congress Committee (DCC) President Naini Rajender Reddy said, accusing the … Kakatiya Mega Textile Park News: Latest and Breaking News on Kakatiya Mega Textile Park. All rights reserved. The foundation stone of the Kakatiya Mega Textile Park in Warangal will be laid by Telangana chief minister K Chandrasekhar Rao on October 20. Telangana seeks funds for textile projects in budget Published: 2020-12-29. BS ReporterHyderabad, 22 October: Telangana chief minister K Chandrasekhara Rao today laid the foundation stone for 'Kakatiya Mega Textile Park', a fiber-to-fabric integrated textile cluster proposed in 1,200 acres of land in first phase near Warangal:Will slew of promises ever be grounded? The Park is being developed on a vertically integrated model to cover complete Textiles value chain. kakatiya-mega-textile-park: Find kakatiya-mega-textile-park latest news, Images, Photos & Videos, Pictures & Video Clips on kakatiya-mega-textile-park and catch latest updates, news, information. CM KCR at the inauguration of Kakatiya Mega Textile Park at Warangal. ETRetail.com brings latest textile park news, views and updates from all top sources for the Indian Retail industry. The basic concept of the Park is to offer manufacturing for complete Textile value chain for Textiles and Apparel Industry. You agree to our use of cookies by continuing to use our site. ... 22 firms sign MoUs for investment in Kakatiya Textile Park. He said that Kakatiya Mega Textile Park (KMTP) at Warangal would take off in 2021-22. He assured them to provide best amenities and ecosystem for manufacturers to operate in the Park. The Times of India News App for Latest City News, Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Explore more on kakatiya-mega-textile-park exclusively at Samayam Telugu. The unit, which will comprise of spinning and yarn mills may also have a dyeing unit. Kakatiya Mega Textile Park (Warangal Textile Park) is a proposed textile park to come up in Warangal Rural district, Telangana. 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. 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. Telangana’s Kakatiya Mega Textile Park … The advantage in the location of the Kakatiya Mega Textile Park being located at Warangal is cotton being available. Powered by hocalwire.com, You Searched For "Kakatiya Mega Textile Park", We use cookies for analytics, advertising and to improve our site. Textile Park works will be expedited: Errabelli Dayakar Rao. 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. He said that Kakatiya Mega Textile Park (KMTP) at Warangal would take off in 2021-22. To know more, see our, Telangana wishlist for Union Budget: Funds sought for handlooms, textiles. HYDERABAD: South Korean textile major Youngone Corporation has stitched up plans to invest over Rs 900 crore in Telangana. 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 Minister accompanied chairman of Youngone Corporation, Korea, Kihak Sung, on a tour of the textile park site spread over 1,190 acre. "KMTP is being developed at a total estimated project cost of … The park is expected to be inaugurated in April or May. 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. The Kakatiya Mega Texile Park is envisaged to attract investments worth Rs 9,000 crore over the next five years. 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. 22 firms sign MoUs for investment in Kakatiya Textile Park. The Warangal-based company has signed a memorandum of understanding with the Telangana government last year towards setting up of the unit for which 25 acres of land has … 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 Read more about Telangana CM lays foundation stone for mega textile park in Warangal on Business Standard. Telangana wishlist for Union budget 2021-22 for development of Kakatiya Mega Textile.... 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