PM Modi to inaugurate ₹1,695 crore textile park in Warangal
pre-market1 source ↓written by the desknot a recommendation
- in Warangal
- 10 May 2023
- costing
- ₹1,695.54 crore
- expected investments surpassing
- ₹6,000 crore
- Spanning
- 1,327 acres
Prime Minister Narendra Modi will inaugurate the PM MITRA Kakatiya Mega Textile Park in Warangal on 10 May 2023. The project, costing ₹1,695.54 crore, aims to enhance manufacturing and exports, with expected investments surpassing ₹6,000 crore. Spanning 1,327 acres, it is among the largest textile parks in India, supporting the government's vision for the textile sector.
This initiative is likely to boost employment and attract further investments in the textile industry, positively impacting market sentiment.
Not investment advice. For informational purposes only.