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Karnataka Secures ₹2,821 Crore Textile Investment Commitments at Bharat Tex 2026, 12 MoUs Signed

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Author: Textile Value Chain
Karnataka Secures ₹2,821 Crore Textile Investment Commitments at Bharat Tex 2026, 12 MoUs Signed

State targets industrial expansion with projects across nine districts and an estimated 11,020 new jobs

Karnataka strengthened its textile and apparel investment pipeline during Bharat Tex 2026 by signing 12 Memoranda of Understanding (MoUs) with a combined proposed investment of ₹2,821 crore. The projects are expected to generate approximately 11,020 employment opportunities across the state.

The proposed investments span a range of textile segments, including spinning, apparel manufacturing, textile processing, technical textiles, medical textiles, hygiene products, and integrated textile parks. The projects are planned across Kalaburagi, Chitradurga, Ramanagara, Mysuru, Chamarajanagara, Udupi, Dakshina Kannada, Chikkaballapura and Kolar.

The agreements were formalised during the 'Investment Opportunities in Karnataka & MoU Signing' session, chaired by Rohini Sindhuri, Secretary, Commerce & Industries Department, along with A.B. Basavaraju, Commissioner for Textile Development and Director of Handlooms & Textiles.

Addressing textile manufacturers, exporters, investors and industry stakeholders, Rohini Sindhuri highlighted Karnataka's growing appeal as a preferred destination for textile investments, backed by industry-friendly policies, modern infrastructure and a fully integrated value chain spanning fibre to fashion.

She stated that Karnataka offers a unique ecosystem where traditional textile strengths seamlessly blend with advanced manufacturing, innovation and sustainability, making the state an attractive destination for both domestic and international investors seeking long-term growth opportunities.

Sindhuri also outlined the vision of the proposed Karnataka Textile & Apparel Policy 2026–2031, which aims to attract ₹20,000 crore in fresh investments and create nearly five lakh jobs over the next five years. The policy places special emphasis on accelerating industrial development in Kalyana Karnataka as well as Tier-II and Tier-III cities, promoting balanced regional growth.

According to the announced proposals, the investments will support the expansion of Karnataka's textile manufacturing ecosystem across multiple districts while covering several segments of the textile value chain.

Investment Highlights

  • Total MoUs Signed: 12
  • Total Investment: ₹2,821 Crore
  • Expected Employment: 11,020 Jobs
  • Key Sectors: Spinning, Apparel Manufacturing, Textile Processing, Technical Textiles, Medical Textiles, Hygiene Products, Integrated Textile Parks
  • Districts Covered: Kalaburagi, Chitradurga, Ramanagara, Mysuru, Chamarajanagara, Udupi, Dakshina Kannada, Chikkaballapura and Kolar

 

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