: Andhra Pradesh Govt pitches to Centre for mega textile park at Kopparti #FinanceIndia #StockMarketNEWS Andhra Pradesh Govt pitches to Centre for mega textile park at Kopparti Vijayawada, 16 Nov (KNN)
@stockMarketNEWS 19 Days ago
Andhra Pradesh Govt pitches to Centre for mega textile park at Kopparti #FinanceIndia #StockMarketNEWS
Andhra Pradesh Govt pitches to Centre for mega textile park at Kopparti Vijayawada, 16 Nov (KNN) The state government of Andhra Pradesh has reached out to the Union textiles minister Piyush Goyal to establish a mega textile park at Kopparti in YSR Kadapa district of the state.
They have urged the Centre to do this as part of the Central government’s plan to set up 7 mega textile parks across the country.
In view of the PLI scheme, the state administration has requested Textile Minister Goyal to set up one of the three electrical equipment zones.
Mekapati Goutham Reddy of Andhra Pradesh industries and IT Minister made the request during a recent meeting with Commerce, Industry and Textile Minister Piyush Goyal.
“We have requested the Central government to consider establishing the electrical equipment zone on the 750-acre land that was previously allotted to the NTPC-BHEL power plant at the Mannavaram village in the Chittoor district,” said Minister Reddy after the meeting.
It has also been informed that Andhra Pradesh is looking to have its share reduced from 20 to 10 per cent in the Visakhapatnam-Chennai corridor.
The Indian textiles ministry issued a notification recently to set up seven PM MITRA parks as announced in the budget for fiscal 2021-22. The Mega Integrated Textile Region and Apparel (MITRA) scheme aims to develop integrated large scale and modern industrial infrastructure facility for the entire value-chain of the textile industry.