The Hindu : Karnataka News : State likely to witness boom in textile sector

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Tuesday, Jun 21, 2011
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Karnataka

Karnataka

State likely to witness boom in textile sector

Staff Correspondent

Rs. 3,500-crore investment expected in next two years

Private entrepreneurs likely to invest over
Rs. 3,500 crore in State
Need to establish an integrated textile park emphasised

START:G.M. Siddeshwar, MP, inaugurating the workshop for textile entrepreneurs in Davangere on Monday.

DAVANGERE: Vijayakumar B. Nirale, project director (Suvarna Vastra Neethi), Handloom and Textile Department, said on Monday that over Rs. 3,500 crore in investments was expected in the State's textile sector by private entrepreneurs in the next two years. Several textile mills and apparel manufacturing units were also expected to come up in about two years' time.

Delivering the keynote address at a workshop for investors in the textile sector here, Mr. Nirale said that there was no scope for setting up new textile mills or garment units in Bangalore because of the high cost of land. Hence, entrepreneurs would now focus on tier 2 and tier 3 cities, he said and added that Davangere, Belgaum, Bellary and Mandya were among potential centres for textile and apparel units. Facilities such as adequate land, raw material and workers were available in these places, he said.

According to Mr. Nirale, several entrepreneurs who presently have textile and apparel units in Bangalore are willing to shift to other cities. A few textile mill owners based in Tirupur in Tamil Nadu had also come forward to set up their units in the State, he said.

Emphasising that an integrated textile park was needed, he said that spinning, weaving, designing and garment production should all take place in one place to save on cost and enhance production.

Decision

Earlier, G.M. Siddeshwar, Davangere MP, who inaugurated the workshop, said that efforts to bring more industries, particularly textile units, to Davangere had so far failed. Hence, it was decided to provide land and create other facilities here to attract new ventures.

He said that more than 300 persons were trained in garment production and fashion design at the training centre in Chennagiri. He urged the authorities concerned to include all the taluks of the district under the textile zone and reserve land for setting up textile and apparel units.

A.H. Shivayogiswamy, Chief Whip in the Legislative Council, and Basavaraj Naika, chairman of the Banjara Abhivruddhi Nigama, were present.

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