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Karnataka to float tenders for four textile parks soon

By Rahul Kamat,

Added 10 November 2022

It is expected that the Karnataka’s apparel sector may attracts heavy investment in the coming years

The state's players, including Manjushree Garments and Shahi Exports, who committed Rs 340 crore and Rs 150 crore, respectively, have heavily invested in Karnataka's garment business

According to sources, these announcements were made by the corporations at the Invest Karnataka-2022 Global Investors Meet (GIM). The state's minister of textiles, Shankar Patil Munenakoppa, credited the accomplishment to the government's 2019-2024 textile and garment policy.

Having said that, it was also mentioned that four additional textile parks based on the PPP model are being developed outside of Bengaluru, for which tenders would be launched soon.

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