Why to invest in karnataka?

Highlights on Garment and Textile Sector in Karnataka

  • Bengaluru is known as "GARMENT CAPITAL" of India.
  • Karnataka is second largest Textile employer in India.
  • It produces 20% of National Garment Production. Valued around Rs.75.00 Crores & 11% of National Exports.
  • This sector employees around 6 lakh people in the State.
  • Around 401 Garment units in Bengaluru.
  • Karnataka Exports 24% worth of Silk goods from India.
  • It produces 65% of raw silk of the country.
  • Total skilled man power 55000 weaver families.
  • 144 skilled development Centers & 168 Private Training Centres run by Department of Handlooms and Textiles.
  • Karnataka is among the largest wool producing State in India. Contributing 12% to the National figures.
  • The State provides infrastructure supports for Textile Parks across the State.
  • Land with infrastructure support is available in KIADB Industrial area.

Nuthana Javali Neethi

  • During Suvarna Vastra Neethi, policy period a total Rs.5710.00 Crores worth of investment inflow with a total employment more than 2.67 lakhs of people was achieved.
  • With a announcement of Nuthana Javali Neethi (2013-18) trend of investment continued with Rs.1860.00 Crores of investment proposed as of now.
  • The approximate investment from 2000-2013 comes to Rs.9161.00 Crores.
  • The projects worth of Rs.3326.00 Crores(approximately) are under pipeline.
  • Major Textile Parks in Karnataka situated at Doddaballapura, Mundargi, Karur, Hassan, Doddballapura, Gulbarga, Parks proposed at Belgaum, Chamrajnagar, Chickballapur, Mysore Silk Park, Boregaon KSSIDC.
  • Established mega projects are Shahi Exports, Shimoga, ETCO Denim, Precot Meridian, Hassan, DB Pura, Apparel Park.
  • The new Textile Police “Nuthana Javali Neethi 2013-18 (NJN)” was announced with an objective to achieve higher and sustainable growth in the entire textile value chain from fiber to finished products, with emphasis on balanced regional development and facilitate emerging Technical Textiles, to support the industry with skilled human resource and to create at least 5 lakhs new employment opportunities in the State and etc.

Binary Textile Park Hiryur

  • It was first of its kind Green field Textile Park (Garment) initiated by Government of Karnataka.
  • It has established in 25 acres of land.
  • 20 Garment units proposed to start.
  • Approximate 10000 employment.

Policy Framework – Nuthana Javali Neethi 2013-2018

  • To make Textile and Garment Sector in Karnataka Competitive following initiatives have been taken up:
  • Man Power Development
  • Infrastructure Development
  • Capacity Building
  • Institutional Linkages
  • Fiscal Incentives
  • Professional Handholding
  • Strengthening of Value Chain
  • A new encompassing Policy for the sector covering all value chain of textiles
  • Single Window Clearance for Mega & Cluster Projects.