TS inks pact with PSG group of Institutions

Telangana IT and Industries Minister K T Rama Rao, who is on a visit to Tiruvuru and Palladam to study Textile industry signed an MoU with the prestigious PSG Group of Institutions for mutual benefits.

By   |  Published: 16th Feb 2017  8:54 pmUpdated: 16th Feb 2017  8:57 pm
IT Minister K T Rama Rao at the Indu Tech Centre of Excellence. Photo: By Arrangement

Hyderabad: Telangana government and PSG group of institutions, which is a pioneer in textile technology and engineering in Coimbatore, signed a strategic Memorandum of Understanding (MoU) on Thursday for mutual collaboration in the fields of academic, technology assistance, skill development, entrepreneurship training, knowledge exchange and research and development.

Under the MoU, PSG would provide academic facilities and the TS government would extend financial support, IT and Industries Minister K T Rama Rao, who is on a one-day tour of Tiruvuru and Palladam Textile parks and Coimbatore in Tamil Nadu, said.

The Tiruvuru Exporters Association (TEA) also agreed to set up 10 units in the proposed Warangal Textile Park for which they will be provided 50,000 sq ft of ‘plug and play’ area with all facilities. The TEA will be provided the best package any government can offer in the country for setting up their units, the Minister said. He also interacted with students at the ‘Centre for Excellence’ on the PSG institutions’ campus.

Rao, during visit to Tiruvuru and Palladam Textile Parks, met industrialists and enquired about the measures taken for developing textile industries in the clusters. He also enquired about the marketing strategies adopted by them, public-private partnership and the technology adopted. He also took stock of incentives for handloom and powerloom workers and industries in Tamil Nadu.

During his meeting with TEA representatives, the Minister explained about the handloom policies of the TS government and the proposed mega textile park in Warangal. The industrialists appreciated the Rao’s approach, his grasp of the subject and the initiatives taken by the State government.

The Minister assured the TEA representatives that the government would allocate a separate block for TEA officials in the Warangal Textile Park. He also met the weavers and workers and enquired about the various facilities being offered in the Palladam Hitech Weavers Park. The Minister stressed the need to exchange knowledge and sharing of experiences. He visited the facilities ranging from health, housing, education and others. He also directed the Telangana officials to adopt the Palladam model to develop the Sircilla Park.