Industry And Cluster | News & Insights

Surat-based firm opens unit in Telangana Textile Park.

Published: November 30, 2019
Author: TEXTILE VALUE CHAIN

Whitegold Spintex Integrated Textile Park, being set up at Ibrahimpatnam in Telangana’s Rangareddy district, opened its first factory last week. State principal secretary for industries Jayesh Ranjan inaugurated the unit of Surat-based Divya Textiles in the presence of managing director of Telangana State Industrial Investment Corporation EV Narasimha Reddy.

Ranjan assured full support to investors regarding approval of incentives and also urged prospective units to submit proposals for customised incentives, according to media reports from the state.

Divya Textiles has set up 24 rapier looms with electronic jacquard and can produce 1,200 sarees per day, according to an official release. Use of plastic bags will be phased out in all the industrial parks managed by the TSIIC to make those plastic-free zones.

The Whitegold Spintex Integrated Textile Park is being set up over 130 acres and will provide developed plots to weaving, knitting and garment units.

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