Chief Minister K. Rosaiah called upon entrepreneurs to make investments in textile industries in the State by utilising the slew of incentives given by the Central Government under Technology Upgradation Fund Scheme (TUFS) and the supportive measures taken by the State Government.
Guntur district in particular offered tremendous scope for the growth of garment industries as it has the highest number of spinning mills in Andhra Pradesh.
These mills produced finest quality yarn the bulk of which is however exported to other States and foreign countries.
A major portion of cotton production could be consumed within the district by adding value to raw cotton and yarn.
The district lagged behind on the value addition front whereas small countries like Sri Lanka which procure massive quantities of raw material from India, Pakistan and China, grew into global into textile hubs thanks to companies like Brandix.
Addressing a national seminar on ‘Opportunities in weaving and garment industry' organised by the A.P Spinning Mills' Association (APSMA) here on Saturday, Mr. Rosaiah said Indian garments had very good demand across the world and it could be met only when there was a boom in textile industry.
TUFS which currently has about Rs 2,500 crore, has to be fully tapped. For this to happen, the number of textile mills have to increase so that maximum quantities of cotton and yarn produced in the State could be converted into value - added products.
Guntur has immense potential and the traders and farmers could be assured of full governmental support to their initiatives aimed at upgradation and diversification, the Chief Minister added.
Mr. Rosaiah said chillies produced in Guntur district were famous throughout the country for their quality but a major share of the produce was simply exported.
A wide range of products could be made from chillies.
Instead, preference was given to exports.
Similar was the case of tobacco. Emphasis should be laid on value addition if these agricultural products were to play a catalytic role in the development of Guntur district.
Union Minister of State for Textiles Panabaka Lakshmi said textile sector has the potential to become the second biggest employer in Guntur district after agriculture but the local entrepreneurs and farming community have clearly failed to lap up the opportunities that came their way. The TUFS would come to an end in about two years. It was an excellent source of funding for the growth of textile industries.
The Central Government was implementing the Scheme for Integrated Textile Parks. Out of 40 and odd such parks in India, five exist in Andhra Pradesh. Guntur district should have one due to its predominant position in the cotton industry.Ministers Gade Venkata Reddy, Pilli Subhaschandra Bose, Kanna Lakshminarayana, D.K. Aruna, Mopidevi Venkata Ramana and D Manikya Vara Prasad, MPs Rayapati Sambasiva Rao and J.D. Seelam, State Legislative Council Deputy Chairman Mohammad Jani, MLC K.S. Lakshmana Rao, Collector B Ramanjaneyulu, Zilla Parishad chairperson K Vijaya and others were present.