In a bold move to boost its economy, Telangana is rolling out the red carpet for Tiruppur's top apparel companies. Industries Minister D. Sridhar Babu visited the "Knitwear capital of India" to invite leaders of the Indian textile industry to invest in Telangana. The state is highlighting its vast supply of high-quality long-staple cotton and its excellent infrastructure, making it a prime location for new garment units.
Why Telangana is the Next Big Thing for Apparel Investment
The invitation from Telangana's government promises a business-friendly environment and full support for investors. Minister Sridhar Babu met with influential figures like the Chairman of the Hero Fashion Group and members of the Tiruppur Exporters' Association. He praised Tiruppur's success, noting that its nearly 10,000 units employ thousands and handle 90% of India's cotton-based exports. Now, Telangana hopes to replicate that success and strengthen its position in the Indian textile and apparel market.
To finalize the state's new textiles policy, a roundtable conference will be held, giving industry leaders a direct say in shaping the future of textile manufacturing in Telangana. This collaborative approach shows the state's commitment to creating a seamless and profitable experience for textile investments. This move is a significant step towards diversifying India's textile sector and creating new jobs and economic growth in the region.
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