Around 544 medium and small garment units have invested Rs 745 crore in the state besides adding about 64,000 jobs over the past three years, owing to the state’s favorable garment policy, says Shankar PatilMunenakoppa, Handloom & Textile Minister. Launched in 2019, the policy will be in force for two more years.
Mega projects under the policy attracted another Rs 1,060 crore investments, creating about 17,300 jobs. The garment policy 2019-24 aims at attracting investment of up to Rs 10,000 crore and adding about 5 lakh jobs, adds Munenakoppa.
Known as the garment capital of India, Karnataka provides a fifth of the clothes manufactured in India. Karnataka plays a major role in exporting raw materials. Karnataka contributes 49 per cent of mulberry silk production, 12 per cent of wool production and 6 per cent of cotton production.
