A mega textile cluster is coming up at Mysore. The project will receive Rs 50 crores by way of a central grant and an additional 25 acres of land is being identified for expansion of the cluster. Work on the textile cluster is expected to begin soon after the ground breaking ceremony to be held later this month. Once launched, it would be among the first of the five industry-specific clusters sanctioned for Mysore.
Being a labor-intensive industry, the textile cluster is expected to help generate additional employment in the region, besides fuelling the local economy by spawning ancillary industries to support the cluster. The area is known for cotton, the bulk of which is supplied to textile units in Tamil Nadu. Once the textile cluster takes shape, local farmers will have a market closer home which will be beneficial to them as it will obviate the need for transportation.
The mega textile cluster is expected to give a boost to the Make in India campaign. About Rs 30 crores has been earmarked as initial investment. A Special Purpose Vehicle will be registered under the Companies Act for its implementation and funding.
Mysore and its surrounding regions are known for sericulture and the famed Mysore silk has been accorded the geographic indication tag in view of its uniqueness.
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