The South India Garments Association (SIGA) is urging the Karnataka State Government to create a dedicated Special Economic Zone (SEZ) for small and medium-sized textile companies within the state.
Highlighting the current disparity, Anurag Singhla, President, SIGA, states, the State Government has established textile parks catering to the needs of large textile companies. However, as of now, there are neither textile parks nor Special Economic Zones designed to benefit the small and medium-sized textile companies that contribute significantly to state revenue and generate jobs. He appeals to the government to develop supportive regulations specifically for these smaller and medium-sized textile enterprises.
A significant number of small and medium-sized textile businesses are operating below capacity due to a decline in demand for clothing, Singhla points out. In the past, the average person would purchase ten outfits annually. Due to a shortage of funds, a person’s purchasing capacity has now decreased from ten clothes annually to two, he explains.
Emphasizing on SIGA's enduring role, Singhla says, the association has been supporting the apparel industry and trade for nearly three decades, serving as a crucial link between these sectors and the government.
Currently, SIGA is hosting the 30th SIGA Fair in 2025, a three-day event that commenced on July 29. Over 100 brands are showcasing their collections at the fair. Approximately 2,000 retailers from Karnataka and neighboring states are attending the exhibition, Singhla states.
Rajesh Chawat, Secretary, SIGA confirms, prominent textile companies from Mumbai, Ahmedabad, and Surat are participating in the three-day show. The exhibition is expected generate between Rs. 100 crore and Rs. 150 crore in revenue, projects Chawat.
