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Related Keywords: allocated three hundred crore, development and setting up textile parks across the state, hundred acres land identified in Tandavapura for Textile Park, Invest Karnataka meet, investors came forward to invest over thousand crore, JSS Urban Haat, Karnataka state government, one stop shop for handloom products, recently presented budget

Karnataka state government in its recently presented budget has allocated Rs 300 core for development and setting up of Textile Parks across the state. However, at the recent Invest Karnataka meet, investors have come forward to invest over Rs 1,000 crore.

Related Keywords: attract investment, availability of human resources, domestic and global firms, encourage investors move to small towns, generate jobs, hi tech textile training center, hold Invest Karnataka, Karnataka state government, land and labour, set up textile park, Yadgir industrial park

The Karnataka state government is holding ‘Invest Karnataka -2016’ for three days from February 3 for attracting investment from domestic and global firms. The government will be making every effort at Invest Karnataka 2016 to encourage investors to move away from Bengaluru and give impetus to tier-II and tier-III cities. Investors will go to small towns because of availability of human resources, land and labour.

Related Keywords: district industrial centre, encourage youths, establish textile park, every taluk of the state, Karnataka industrial policy, Karnataka state government, new policy to establish small and medium industries

A workshop on Karnataka Industrial policy – 2014-19 , organised by the district industrial centre was inaugurated by Minister for Social Welfare and district in-charge H. Anjaneya on Saturday, where it was informed that the State government has decided to establish textile parks in every taluk of the State to encourage youths to become entrepreneurs and become self-dependent.

Related Keywords: Gulbarga Textile Park, in Yadgir district, international textile park, Karnataka state government, restructure handloom and textile department, skill development centres, upgrade with hi tech textile centre

The Karnataka state government has decided to restructure the Handlooms and Textile Department apart from this the 145 skill development centres in the State would also be upgraded with the provision of hi-tech textile centre to offer skill development.

Related Keywords: Babu Rao Chinchansur, develop textile sector, dhotis, hand out handloom sarees, Karnataka state government, launch vastra bhagya, Minister for textile, modern Textile Training Institute, textile park in Yadgir, textile parks at Sira, waive loan and interest of weavers

The Karnataka state government has steps to develop the textile sector is contemplating the launch of “Vastra bhagya” to hand out handloom sarees for women and dhotis for men belonging to BPL families on the occasion of two or three major festivals in the next fiscal, according to minister for textiles Babu Rao Chinchansur.

The minister said that there were 1.25 lakh working power looms, 75,000 working hand loom and around 10,000 manual looms at 1,000 co-operative societies. These units could produce sufficient quantity of hand loom sarees and dhotis for one crore plus BPL families.

Related Keywords: attract textile investment, Karnataka state government, mega textile park, New Textile Policy 2013-18, preferred textile destination, textile clusters vis-a-vis skill development programmes, textile investors meet, textile sector, Yadgir district

The new Textile Policy 2013-18 recently announced by the Karnataka state government aims to attract investment worth over Rs 10,000 crore in the sector during the five-year policy period but a growth close to three times over the previous policy period, create jobs for about half a million during the new Textile Policy period with majority of jobs in the rural areas and also make the State a preferred textile destination, Chief Minister Siddaramaiah said.