₹100-crore apparel super hub to come up in Sircilla

TN firm inks MoU with State; to train, place women

Published - March 14, 2018 12:44 am IST - HYDERABAD

A memorandum of understanding for an Apparel Super Hub in Sircilla was signed between the Telangana government and a firm based in Karur, Tamil Nadu, on Tuesday.

The hub, to be a part of the proposed Apparel Park in Sircilla, would pursue multiple objectives of training women, from Sircilla and surrounding villages, on apparel manufacturing, providing them employment as well as supporting the growth of apparel SMEs in the region.

In the first phase, Kay Ventures, the private firm, will train 3,000 women on apparel making machines provided by the State government.

Until the construction of Phase 1, the facility would operate the training and production line at the Sircilla Textile Park.

Phase I development is estimated to cost around ₹30 crore and would be operational in nine-12 months. It would be funded 90% by the State government and rest by Kay Ventures and its associates.

The hub would be developed in three phases, on 20 acres, and made fully operational in three years. This would entail an investment of ₹100 crore.

Eventually, it would have 5,000 state-of-the-art sewing units with its corresponding embroidery, printing, washing and value addition/support facilities, Industries Minister K.T. Rama Rao tweeted.

The agreement was signed here on Tuesday, in the Minister’s presence.

The strategy, an official release said, is to stimulate growth with the help of the hub and spur the development of smart apparel SMEs across Sircilla region.

Going forward, the government would explore scope of accessing funds under Central schemes, Industries Secretary Jayesh Ranjan said. Kay Ventures, he said, would supply all materials such as the fabrics and facilitate buy-back of the finished garments.

The entire capacity of the apparel hub is being tied up with leading national and international brands.

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