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Government of Telangana seeks investment

Government of Telangana will be promoting textiles policies and highlighting investment prospects at Techtextil.

4th September 2017

Innovation in Textiles
 |  Mumbai

Industrial, Clothing/​Footwear, Transport/​Aerospace, Protective, Sports/​Outdoor, Medical/Hygiene, Sustainable, Interiors, Construction, Civil Engineering, Packaging, Agriculture

With the aim to woo investors to the mega textiles park in the state, the Department of Handlooms and Textiles, Government of Telangana, has signed up for Techtextil India 2017, the international trade fair for technical textiles and nonwovens. Government of Telangana will be promoting textiles policies and highlighting investment prospects in a bid to attract companies and investors to the state.

“Telangana aims to strengthen the textile and apparel industries in the state. With this in mind, we have recently launched an aggressive set of incentives which are easily the best support offered by any state,” said Hon’ble Minister for Handloom and Textiles, Shri K.T. Rama Rao.

“Technical textiles is the sunrise sector within this industry with huge opportunities of growth considering its application and demand in various segments. In order to attract this sector, the state offers additional incentives in areas such as capital support, power tariff and land price rebate over and above what is being offered to conventional textiles.”

On announcing a close co-operation with Messe Frankfurt, he further added: “The state is also developing Kakatiya Integrated Mega Textile Park in Warangal over an area of 1200 acres with full complement of high quality trunk infrastructure.”

“Through this partnership with Techtextil India and Messe Frankfurt India, we want to reach out to this niche sector and invite them to explore the immense growth opportunities that Telangana has to offer. We look forward to interacting with leading brands and partnering with them to create a roadmap for technical textiles in Telangana.” Hon’ble Minister Shri K.T. Rama Rao is also expected to visit the fair and address the opportunities in store to the textile industry players.   

The trade fair will target solutions across multiple technical textiles applications. © Messe Frankfurt / Techtextil India edition

Taking place from 13-15 September at the Bombay Exhibition Centre in Mumbai, the trade fair will target solutions across multiple technical textiles applications in agriculture, automotive, building, clothing and protective clothing, environmental protection, geo-technology, housing and home, medical science, packaging and sports.

Top textiles players including Reliance Industries, Welspun, Garware Wall Ropes, Groz Beckert, Khosla Profil, Luwa India, Lenzing AG, Archroma, and CHT India will be showcasing their latest solutions for these key application areas. Overall, more than 160 companies from nine countries including Austria, Belarus, China, France, Germany, Italy, Korea, Spain and Switzerland will be participating.

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