News & Insights

Gokaldas Images to come up with garment factory in Telangana

Published: April 15, 2021
Author: Manali bhanushali
India’s leading apparel export company Gokaldas Images has signed an MoU with the Telangana State Government to setup a unit in the apparel park in Rajanna Sircilla district.
Sameer Hinduja, MD of the company and KT Rama Rao, Textile Minister of the state, were present during the signing of MOU.
The company will set up a garment manufacturing facility and will provide re-employment to at least 1,100 people. Interestingly, around 75 per cent of these jobs would be given to women after they are provided proper training in coordination with the State Government.
The Minister assured that the State Government would provide all basic facilities for industries.
Notably, as a part of setting up of an apparel value chain system at the apparel park in Sircilla, the State Government has, in collaboration with apparel manufacturer Kay Ventures, decided to establish an Apparel Super Hub (ASP) at a cost of Rs.100 crore over a space of 20 acres.
The ASP would house around 5,000 art sewing units with its corresponding embroidery, printing, washing, value addition and support facilities and this is proposed to be developed in three phases.
It is pertinent to mention here that Telangana is attracting good investment in apparel manufacturing industry. Recently, Youngone Corporation, Korea also announced that it will start the operation soon in the state.
The State Government, developing an apparel park over 64.49 acres of land (at a cost of Rs. 174.86 crore) on the outskirts of Poddur village in Sircilla district, is enlisting support from major players for setting up new projects.

Related Posts