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Wednesday, 13 May 2026 10:45

RIICO accelerates industrial expansion with new textile park in Bhilwara

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The Rajasthan State Industrial Development and Investment Corporation (RIICO) has transitioned into a new phase of industrial scaling with the inauguration of the Rupaheli Textile Park in Bhilwara.

Developed with a sanctioned capital outlay of Rs 221 crore, the park spans 209 hectare and offers 275 industrial plots. This strategic infrastructure project is designed to consolidate the entire textile value chain - from spinning and weaving to advanced garmenting - within a single high-tech ecosystem. By securing environmental clearance and initiating the 10th phase of its direct allotment scheme, RIICO is facilitating immediate entry for investors who executed MoUs during the Rising Rajasthan summit.

Incentivizing value addition under the 2025 sectoral policy

The park’s operationalization coincides with the rollout of the Rajasthan Textile and Apparel Policy 2025, which provides a robust framework for financial sustainability. Investors can leverage substantial fiscal benefits, including asset creation support for 10 years, electricity duty exemptions, and a 50 per cent reimbursement for employee training costs. The corporation aims to move beyond raw fabric production toward high-value apparel manufacturing, states a senior RIICO official. This shift is critical as the domestic technical textile market is projected to grow at a CAGR of 12.3 per cent, reaching an estimated valuation of $8.4 billion by 2025-end.

Navigating market volatility and modernization challenges

Despite Bhilwara’s established reputation as a synthetic hub, the cluster faces pressure from rising raw material costs and the global demand for sustainable fibers. To address this, the Rupaheli Park integrates green solution incentives for eco-friendly projects and state-of-the-art power infrastructure. The regional sector currently contributes significantly to India’s textile exports, which grew by 10 per cent Y-o-Y in the first half of the current fiscal. However, the success of this new hub depends on the effective execution of Rajasthan’s Rs 1,200 crore industrial upgrade plan, intended to elevate infrastructure standards across the state’s 450+ industrial areas.

Strategic textile evolution

RIICO is Rajasthan’s apex investment agency, transforming Bhilwara into a global synthetics and technical textiles leader. Managing over 450 industrial zones, it currently focuses on high-value garmenting and export-oriented units. With a planned ₹1,200 crore infrastructure upgrade for 2026-27, RIICO aims to position Rajasthan as India's premier apparel manufacturing destination.