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Home | Business | Telangana Setting Up Modern Weaving Facility In Sircilla

Telangana setting up modern weaving facility in Sircilla

Welspun has laid the second investment foundation stone for an advanced textiles project with an investment of Rs 415 crore.

By Telangana Today
Updated On - 07:40 PM, Thu - 10 June 21
Telangana setting up modern weaving facility in Sircilla
Welspun has laid the second investment foundation stone for an advanced textiles project with an investment of Rs 415 crore.

Hyderabad: Telangana government is developing a state-of-the-art weaving facility at Peddur village in Sircilla. The works are on for construction of 50 industrial sheds that will house 4,416 powerlooms and 60 warping machineries along with other common facilities in 88 acres, said IT and Industries Minister KT Rama Rao.

Highlighting other developments in the textiles segment, he said Ganesha Ecosphere is setting up two new projects in Kakatiya Mega Textile Park, Warangal. A recycled polyester filament yarn plant with an investment of Rs 300 crore and a washed PET flakes and polypropylene fibre plant with an investment of about Rs 200 crore.

Welspun has laid the second investment foundation stone for an advanced textiles project with an investment of Rs 415 crore, the Minister said.

Food processing

The Minister said that the State is focused on multiple sectors. Two new TSIIC food processing parks- Banda Timmapur and Banda Mailaram, have been launched this year and nearly fully occupied generating a total fixed capital investment of Rs 1,500 crore.

Telangana is now the rice bowl of the country. Agriculture has been growing at break neck speed in the State thanks to the visionary work of developing the irrigation facilities, said the Industries Minister.

PADDY

Today, State is cultivating paddy in 1.06 crore acre. This contrasts with the situation where hardly 30 lakh acre was under cultivation. This has resulted in the paddy production to touching three crore tonne compared to 30 lakh tonne a few years ago, he said.

Telangana now is the largest producer of paddy, said Rao. With a view to enhance the earnings for farmers, the State is now working on food processing hubs. These will aid in creating local employment, reduce wastage and ensure better returns to the farmers, he said.

Other sectors

The State is ranked at the sixth place in the ranking of Logistics Ease Across Different States (LEADS) and is ranked at second place among the land locked States, he said.

The Telangana Industrial Health Clinic initiative, which completed four years of operations, has handled 275 MSMEs and safeguarded assets worth Rs 95.5 crore and saving employment of 1,766 people.

TAppFolio, the flagship m-governance initiative of the Government of Telangana, the only app in India that provides for online application and delivery of certificates to citizens, recorded a total 11.8 lakh downloads and close to 7,000 transactions a day, the Minister said.

TWallet, the official digital wallet of Telangana State, launched in June 2017, has seen 12.3 lakh citizens registered. This is the first wallet for any State Government in the country. Close to 2.22 crore transaction worth Rs 12,128 crore have been handled with an average of 23,000 transactions per day, he said.


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