Telangana to set up Apparel Super Hub at textile park in Sricilla

Source: https://economictimes.indiatimes.com

The Telangana government is setting up an apparel value chain system at the upcoming apparel park in Sircilla district at an estimated investment of Rs 100 crore in collaboration with apparel manufacturer Kay ventures.

Coming up in an area of 20 acres, the Apparel Super Hub (ASP) will house 5,000 state of the art sewing units with its corresponding embroidery, printing, washing and value addition/support facilities and is proposed to be developed in three phases and will be fully operational in three years.

“In an similar effort, to create an impetus for the existing textile and apparel ecosystem in Sircilla, (the) government of Telangana is gearing up with many projects such as Sircilla Apparel park, Sircilla group weaving shed, common facility center etc.,” said a government statement.

The first phase of the project will come up at an investment of Rs 30 crore and will be operational in 9-12 months. While 90% of the investments in the first phase will be borne by the government, remaining will be funded by Kay ventures and their associates.



Categories: Apparel, Asia, Business, India, Textile

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