Lifestyle brand Shoppers Stop will set up an apparel manufacturing facility in Telangana’s Sircilla apparel park. The project is expected to create employment opportunities for hundreds of women.
A South Korean company is also investing in Telangana. Youngone is setting up a 290 acre facility at Telangana’s Kakatiya Mega Textile Park. This fiber-to-fabric integrated textile cluster is built on 1,200 acres of land. Over a dozen companies have come forward to set up their manufacturing operations in the park with a combined investment of over Rs 3,900 crores. Youngone is a South Korean textile and apparel major. The facility would involve manufacture of knitted and woven garments for outdoor wear and technical textile products, predominantly for exports. It is estimated that more than 12,000 jobs would be created through this project. The Kakatiya mega textile park is the first industrial park project to reach the ground-breaking stage in three years after the formation of the state. The project also assumes significance due to its location in the cotton-rich Warangal region which was once a hotbed of Naxalite activities in Telangana. A state-of-the-art infrastructure featuring common effluent treatment and zero-liquid discharge facilities besides ready-built factory sheds will be developed in this park.
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