State attracts textile biggies

BY V L SRINIVASAN

Published on Oct 16, 2006

Hyderabad: If all goes well, the textile sector in the State might see investment to the tune of Rs 3,000 crore pouring in over the next five years.

The players who are evincing interest in the State include S Kumar, Sri Lanka-based Mas Holdings, South Indian Manufacturers’ Association (SIMA), Subba Rao Apparels from Chennai, and Langoors from Delhi.

The S Kumar Group has sought 1,000 acres for setting up an integrated textile park at a cost of Rs 1,500 crore at Sitarampuram near Chevella in Rangareddy district for which 500 acres have already been identified and proposals to acquire the remaining are in the pipeline.

SIMA proposes a cluster with five lakh spindles over 1,200 acres at Attivaram near Naidupeta in Nellore district. Its representatives have visited the site and are waiting for a formal clearance from the State Government.

SIMA officials have also proposed establishing a processing cluster by mobilising over 20 units from Tamil Nadu if the State Government allots 400 acres near Appikatla in Guntur district. Since the Krishna canal is close by, water supply should not be a problem.

Likewise, Subba Rao Apparels along with the group and 25 companies have sought a special economic zone at Attivaram, and Mas Holdings -- which is famous for its knitwear and apparel -- has identified 1,200 acres at Palchuru village in Nellore district for an integrated textile park.

Similar integrated handloom production clusters are proposed at Mylavaram and Proddutur in Kadapa, Chirala in Prakasam and at Venkatagiri in Nellore district. Each of these clusters will be located on 50 acres.

Handlooms and Textiles officials have also sought 300 acres adjacent to Apache Industries at Mambattu near Tada in Nellore district to attract entrepreneurs from Tamil Nadu.

‘‘Besides, proposals for four textile parks -- Hindupur Hitech Textiles (Rs 109 crore), Hyderabad Hitech Textile Park (Rs 150 crore) -- Brandix apparel city at Visakhapatnam (Rs 143 crore) and Pochampalli Handloom Park (Rs 20 crore) -- have been submitted to the Central Government for its approval,’’ officials told Express.