State sewing up right approach: Experts

Hyderabad: Textile industry specialists opine that since of Telangana’s solution of environment up an built-in ‘fibre to fabric’ park, it is poised to appeal to investments from domestic as well as international players.

Sushil Sancheti, secretary, Telangana Spinning & Textile Mills Association, said: “The margins in the textiles sector are very thin… in these a state of affairs, firms would like to optimise logistics prices. That’s why, KMTP delivers a practical solution for players who also want to develop their units in India but are on the lookout at a diverse locale.”

In fact, all through the latest Union finances, FM Nirmala Sitharaman announced the Mega Integrated Textile Location and Attire (MITRA) scheme as part of which 7 textile parks will be recognized throughout the region over a few a long time to appeal to investments and increase employment in the sector. Jayesh Ranjan, principal secretary, IT & industries, Telangana

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