kakatiya mega textile park: latest news
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The park is expected to be inaugurated in April or May. The Telangana government asked the Centre to allocate funds in the Budget for 2021-22 for various textile projects in the State. “We request that approximately Rs 300 crore of this amount be released at the earliest to kickstart major external infrastructure works urgently needed at the park,” read the letter. "Under the proposed scheme, we understand that a total of Rs 500 crore capital support is available for a Mega Textile Park. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. The Industries Minister said 25,495 power looms out of 35,588 in the State, which were geo-tagged, were located at Sircilla. Telangana seeks funds for textile projects in budget Published: 2020-12-29. Under the Mega Textile Park scheme, Rs 500 crore capital support is available from the Centre. He said that Kakatiya Mega Textile Park (KMTP) at Warangal would take off in 2021-22. State Government’s plans to develop the textile sector got a major boost with its prestigious project Kakatiya Mega Textile Park in Warangal Rural … HYDERABAD: IT and Industries Minister KT Rama Rao sought funds from Union Minister Smriti Irani for the development of handloom and textile industry in the State, on Thursday.In a letter written to her, Rama Rao requested Irani to allocate funds in the 2021-22 Union Budget for the development of Kakatiya Mega Textile Park (KMTP), for the sanction of a Mega Powerloom Cluster at Sircilla and to sanction certain proposals for the development of handlooms and textiles in the State. 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 textile park will come up on 1,200 acres in the first phase and eventually occupy 2,000 acres of land. The Telangana State Industrial Infrastructure Corporation (TSIIC) has initiated online commercial allotment of plots at the Kakatiya Mega Textile Park in Warangal. Last Updated: 25th December 2020 10:36 AM Hyderabad: IT Minister K T Rama Rao on Wednesday said the state government was committed to creating employment in the textile manufacturing industry.Telangana’s Kakatiya Mega Textile Park … "At present, there is no such Institute in the state to offer a course in diploma in handloom Technology and the students are finding it very difficult and are going to neighboring states such as Andhra Pradesh, Orissa, Tamil Nadu, and Karnataka to acquire admissions in IIHT. South Korean’s global textile manufacturer, Youngone Corporation was expected to invest Rs 1,000 cr in setting up a manufacturing unit. “Taking cognisance of the existing power looms, the Sircilla district stands to be the most suitable to establish a Mega Powerloom Cluster under the Comprehensive Powerloom Cluster Development Scheme (CPCDS),” Rama Rao said wrote in the letter. Kakatiya Mega Textile Park is promoted by Telangana State Industrial Infrastructure Corporation Limited (TSIIC), over an area of 1190 acre at Warangal, Telangana. Follow us for updates, Can Covaxin work against new strain? 09 Oct 2017 2:26 AM "KMTP is being developed at a total estimated project cost of … The required land with a constructed building was available for IIHT at Pochampally, he added. WARANGAL: A few farmers, who had surrendered their lands for the construction of the Kakatiya Mega Textile Park in Shayampet and Chintalapalli villages, … Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. As there is no diploma course in handloom technology, youths from the State are going to neighbouring states like AP, Odisha, Tamil Nadu and Karnataka to get admissions in the IIHTs there, Rama Rao wrote. Rama Rao’s letter stated that the KMTP would take off in 2021-22 and was being developed at an estimated cost of Rs 1,552 crore. 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. The Kakatiya Mega Texile Park is envisaged to attract investments worth Rs 9,000 crore over the next five years. The advantage in the location of the Kakatiya Mega Textile Park being located at Warangal is cotton that will be available because of the Telangana being in the top three producers of cotton in the country. 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Telangana has entered into 16 agreements with various firms to set up factories at the Kakatiya Mega Textile Park in Warangal. Kakatiya Mega Textile Park (Warangal Textile Park) is a proposed textile park to come up in Warangal Rural district, Telangana. Minister KTR sought funds from Centre for development of Handlooms & Textiles in Telangana. Kakatiya Mega Textile Park in Warangal work starts on October 20 The state government is also taking up works from its side for the Outer Ring Road for the important city. Unlike other textile hubs such as Solapur in Maharashtra, Tirupur in Tamil Nadu and Surat in Gujarat, the Kakatiya Mega Textile Park would focus on all types of fabrics and garments, Rao said. 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. Further, Warangal has been implementing three Government of India’s programmes HRIDAY, AMRUT and Smart City. It includes the Kakatiya Mega Textile Park, 4 laning of NH 163, IT SEZ Madikonda, Warangal Outer Ring Road (ORR), Leather Park, Hyderabad-Warangal Economic Corridor, Sainik School and International Sports Complex. Warangal’s Kakatiya Mega Textile Park to generate more than a lakh jobs Telangana Deputy CM Kadiyam Srihari inspects the textile park site in Warangal on Thursday The Mega Textile Park to generate 1,20,000 jobs CM KCR will lay the foundation to the park on October 22 The process of land allotment is under way and direct and indirect employment for 1.13 lakh people would be generated after full implementation of the project, State industries minister KT Rama Rao told the state assembly. We request that approximately Rs 300 crore of this amount be released at the earliest to kick start major external infrastructure works urgently needed at the park," said the minister.Noting that there are 35,588 power looms in Telangana, the minister said 25,495 of them are in the Sircilla district alone. Disclaimer : We respect your thoughts and views! The allotment phase is expected to complete in a week's time. Minister requests immediate release of Rs 300 crore for Kakatiya Mega Textile Park Share Via Email Published: 25th December 2020 10:36 AM … (ANI), Union Minister for Women Child Development and Textiles, 12,369 samples tested, no case of bird flu in Odisha, Man arrested in Rajasthan on charges of spying for Pakistan, Karnataka cabinet expansion will take place on Jan 13, Man's body found in suitcase, his two friends suspected to have murdered him, Amit Shah to launch 'Single Window Clearance System' for coal mines today, Chhattisgarh govt will enhance talent of youth, provide better job opportunities: CM Baghel, copyrights © aninews.in | All rights Reserved. Fourteen companies have so far come forward to set up units with a total investment of over Rs 3,000 crore in the proposed Kakatiya Mega Textile Park in … 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. 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"Taking into account of existing power looms into cognizance, the Sircilla District stands best suitable to establish Mega Powerloom Cluster under CPCDS and submission of a proposal to Government of India for sanction and developing Mega Powerloom Cluster therein, such as Ichalkaranji (Maharashtra, Surat (Gujarat) Karanpura and Solar, etc., which were already sanctioned as Mega Powerloom Clusters during 12th Five Year Plan during 2017-18 to 2019-20," said KTR.KTR urged Irani sanction a Mega Powerloom Cluster at Sircilla and sanction an amount of Rs 49.84 crores from out of the projected outlay of Rs 993.65 crores towards filling various gaps and to implement the components including infrastructure gaps, modernization, and expansion of production base, strengthen of value chain, market development, skill development & capacity building and administration studies and project monitoring costs of textile park, weaving and apparel park at Sircilla.KTR also mentioned that the Telangana State has a very rich heritage in handlooms, handicrafts providing employment to a large number of artisans in rural areas.In the letter, the Minister also requested for sanctioning of the Indian Institute of Handloom Technology (I.I.H.T) in Telangana State. "KMTP is being developed at a total estimated project cost of Rs 1,552 crore of which the core infrastructure works would cost approximately Rs 1,094 crore. - Korean Firm to invest 900 crore in Kakatiya Mega Textile Park - TV9 Telugu 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. Hyderabad: Kasam Industries will be setting up Rs 100 crore textiles manufacturing unit at Kakatiya Mega Textile Park in Warangal. In a letter to Union Minister for Women Child Development and Textiles Smriti Zubin Irani, Minister KTR sought funds from the Union Budget 2021-22 for the development of Kakatiya Mega Textile Park, and sanction of Mega Powerloom Cluster at Sircilla and sanction of certain proposals for the … The TSIIC is expecting investments to the tune of Rs 1,075 crore in the first phase of sale. The unit, which will comprise of spinning and yarn mills may also have a dyeing unit. ANI | Try to avoid outside hyperlinks inside the comment. KMTP to take off in 2021-22: Industries min, Rama Rao’s letter to Union Minister Smriti Irani stated that the KMTP would take off in 2021-22 and was being developed at an estimated cost of Rs 1,552 crore. All the comments will be moderated by the newindianexpress.com editorial. “Sanction a Mega Powerloom Cluster at Sircilla and sanction an amount of Rs 49.84 crore,” added the letter. He requested Irani to sanction an Indian Institute of Handloom Technology (IIHT) in Telangana. 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.In a letter to Union Minister, he sought funds from the Union Budget 2021-22 for the development of Kakatiya Mega Textile Park, and sanction of Mega Powerloom Cluster at Sircilla and other proposals for the development of Handlooms and Textiles in Telangana.The Minister stated that the Kakatiya Mega Textile Park (KMTP) at Warangal would take off in the fiscal year 2021-22. Updated: Dec 25, 2020 10:48 IST. The views expressed in comments published on newindianexpress.com are those of the comment writers alone. He suggested to Irani that raising wage support up to five per cent, banking support, incentives to exporters, 50% yarn subsidy, encouraging man-made fibres, transferring subsidies directly to cotton ryots, attracting investments by the industry and other measures would help the textile industry. "We have placed high emphasis on the sector to create jobs for our local population and to contribute to the country's GDP and exports," he added. He said that Kakatiya Mega Textile Park (KMTP) at Warangal would take off in 2021-22. But we need to be judicious while moderating your comments. newindianexpress.com reserves the right to take any or all comments down at any time. He said that Kakatiya Mega Textile Park (KMTP) at Warangal would take off in 2021-22. Rama Rao’s letter stated that the State government was very keen to set up a Powerloom Development Corporation to look after various marketing strategies under the powerloom sector. Under the Mega Textile Park scheme, Rs 500 crore capital support is available from the Central government. Help us delete comments that do not follow these guidelines. "KMTP is being developed at a total estimated project cost of Rs 1552 crore of which the core infrastructure works would cost approximately Rs 1094 crore We have aligned our project activities such that major external and internal infrastructure works at KMTP can be taken up immediately upon receipt of the proposed financial support under the Mega Textile Park scheme," said KTR. The basic concept of the comment writers alone help us delete comments that are obscene, or... Phase and eventually occupy 2,000 acres of land cr in setting up a manufacturing unit at Kakatiya Textile. Of land Textile manufacturer, Youngone Corporation was expected to be inaugurated in April or may he requested Irani sanction. 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