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Karnataka to develop Rs 27-crore textile park in Udipi

  

As announced by Manjunath Bhandary, Member of the Legislative Council, the Karnataka state cabinet has approved the long-anticipated plan to develop an Rs 27-crore textile park in Karkala, Udipi district.

To be developed under a public-private partnership (PPP) model, this textile park is expected to become a hub of economic activity in the region. The project is poised to create a significant number of employment opportunities, benefiting the local community and promoting industrial growth in the district.

The project was initially announced by BS Yediyurappa, Former Chief Minister, Karnatakain the state budget plan of 2020-21. Despite the early momentum, the project faced delays and challenges in securing the necessary approvals and funding. However, renewed efforts were made by V Sunil Kumar, former Energy and Kannada Culture Minister, as he laid the foundation stone for the park in March 2023.

Once completed, the textile park is expected to house several units dedicated to textile manufacturing and processing, offering facilities for spinning, weaving, and garment production. It is set to attract both local and national investors, fostering innovation and sustainable practices in the textile industry.

Strategically located in the Udupi district, a place known for its skilled labor force and proximity to key transportation routes, the Karkala textile park will prove as an ideal location for industrial development in the state. It will not only enable smoother logistics in the state but also ensure efficient distribution of textile products both within India and for export markets.

 
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