Hyderabad, July 6 (INN): Union Textiles Minister Smriti Irani and Telangana IT and Industries Minister KTR participated in a webinar hosted by Invest India Exclusive Investment Forum under the title ‘Textile and Apparel Sector Edition’ today.
During the webinar, Minister KTR gave an overview of the various investment opportunities in the textile industry in Telangana. He said that the Telangana Govt has given top priority to the textile and apparel industry in the state. He also stated that the government will provide complete assistance to the companies which come forward to invest in Telangana.
The Minister mentioned about Telangana’s Kakatiya Mega Textile Park and stated that it is the largest textile park in India. The Minister also stated that the Telangana Textile policy is the best in India.
KTR said that the government is already providing uninterrupted power supply and water supply to the companies in the state. He mentioned that under the Mission Bhagiratha program, 10% of the water has been allocated to the industries.
He mentioned that there are already 60 lakh acres of a cotton plantation in the state. He also said that the Southern India Mills Association has declared that the cotton quality in Telangana is the best not only in India but across the world.
Minister gave an overview of the progressive industrial policies and also the single-window clearance system under TSiPASS. He also mentioned the industrial parks coming up in the Textile sector in Telangana.
During the session, Welspun CEO Dipali Goenka appreciated the Telangana government and stated that Telangana is the best destination for industries in various sectors. Sharing her experiences, Dipali Goenka said that Telangana has visionary leadership and hence offers the best industrial policies, suitable for business.
Union Minister Smriti Irani stated that Telangana has been successful in attracting major investments to the state in the last six years with its unique industrial policies. She appreciated the thoughts and inputs given by Minister KTR during the session. She praised Minister KTR’s words where he mentioned that the Telangana state will provide all sorts of facilities on par with other states to the industries which come forward to invest in Telangana.
Smriti Irani appreciated the heads of textile industries and stated that India has risen to become the top second country to manufacture PPE kits during the pandemic situation.
During the webinar, the IT and Industries Principal Secretary Jayesh Ranjan gave a PowerPoint presentation and explained about the state’s policies and other opportunities in Telangana.