CM KCR at the inauguration of Kakatiya Mega Textile Park at Warangal. He said that Kakatiya Mega Textile Park (KMTP) at Warangal would take off in 2021-22. 22 firms sign MoUs for investment in Kakatiya Textile Park. The unit, which will comprise of spinning and yarn mills may also have a dyeing unit. The TSIIC is expecting investments to the tune of Rs 1,075 crore in the first phase of sale. 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. More From TOI. ETRetail.com brings latest textile park news, views and updates from all top sources for the Indian Retail industry. South Korea’s global textile manufacturer, Youngone Corporation was expected to invest Rs 1,000 cr in setting up a manufacturing unit. The allotment phase is expected to complete in a week's time. The Kakatiya Mega Texile Park is envisaged to attract investments worth Rs 9,000 crore over the next five years. The Times of India News App for Latest City News, Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. Warangal:Will slew of promises ever be grounded? 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. He said that Kakatiya Mega Textile Park (KMTP) at Warangal would take off in 2021-22. The Telangana State Industrial Infrastructure Corporation (TSIIC) has initiated online commercial allotment of plots at the Kakatiya Mega Textile Park in Warangal. 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 … 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. 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. 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. He sought funds be allocated in the Union budget 2021-22 for development of Kakatiya Mega Textile Park (KMTP) ... More Latest News. Textile Park works will be expedited: Errabelli Dayakar Rao. Telangana has entered into 16 agreements with various firms to set up factories at the Kakatiya Mega Textile Park in Warangal. "KMTP is being developed at a total estimated project cost of … You agree to our use of cookies by continuing to use our site. The park is expected to be inaugurated in April or May. Hyderabad: Kasam Industries will be setting up Rs 100 crore textiles manufacturing unit at Kakatiya Mega Textile Park in Warangal. The foundation stone for the park coming up on 2,000 acres of land was laid by chief minister K Chandrasekhar Rao on October 22, 2017. 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 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. Powered by hocalwire.com, You Searched For "Kakatiya Mega Textile Park", We use cookies for analytics, advertising and to improve our site. 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. 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. 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 … 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 seeks funds for textile projects in budget Published: 2020-12-29. Kakatiya Mega Textile Park (Warangal Textile Park) is a proposed textile park to come up in Warangal Rural district, Telangana. 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. The Minister stated that the Kakatiya Mega Textile Park (KMTP) at Warangal would take off in the fiscal year 2021-22. 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. 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 Telangana’s Kakatiya Mega Textile Park … © 2020 Hyderabad Media House Limited/The Hans India. He assured them to provide best amenities and ecosystem for manufacturers to operate in the Park. The Park is being developed on a vertically integrated model to cover complete Textiles value chain. A team from Korean Federation of Textile Industries had also visited the park in August 2017. Panchayati Raj minister Errabelli Dayakar Rao, … All rights reserved. Kakatiya Mega Textile Park is promoted by Telangana State Industrial Infrastructure Corporation Limited (TSIIC), over an area of 1190 acre at Warangal, Telangana. Explore more on kakatiya-mega-textile-park exclusively at Samayam Telugu. The proposed Kakatiya Mega Textile Park is nothing more than a hollow promise, District Congress Committee (DCC) President Naini Rajender Reddy said, accusing the … 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 … 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. State Government’s plans to develop the textile sector got a major boost with its prestigious project Kakatiya Mega Textile Park in Warangal Rural district getting environmental clearance. ... 22 firms sign MoUs for investment in Kakatiya Textile Park. The advantage in the location of the Kakatiya Mega Textile Park being located at Warangal is cotton being available. The government has so far distributed nearly 26 lakh sheep to eligible persons under a … 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 basic concept of the Park is to offer manufacturing for complete Textile value chain for Textiles and Apparel Industry. Kakatiya Mega Textile Park News: Latest and Breaking News on Kakatiya Mega Textile Park. 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