BENGALURU: The State Government has given administrative approval for setting up a textile park at Guledgudda in Badami, North Karnataka. The park, aimed at helping the region’s weavers and creating employment opportunities, was announced in the 2021-22 budget.
According to the Government Order (dated September 28), the park will be set up in public-private partnership. The government has given the approval with a condition that no financial assistance will be sought from it for establishing the park.
A senior officer in the Department of Handlooms and Textiles said that all stakeholders in the textile sector will form a Special Purpose Vehicle (SPV) through which the land will be developed, and once the units are established in the park, the department will support them by providing incentives and subsidies.
“The textile park will provide job opportunities to the younger generation, while boosting the sector itself,” the officer said. For the park, the department needs a minimum of 15 acres of land. The detailed project report will be prepared by the SPV under the guidance of the department and once the DPR is ready, the project will be taken forward as per the textile policy.
Former chief minister and Leader of Opposition Siddaramaiah, who represents the Badami Assembly segment, had demanded that the government set up the textile park to help weavers in the region.
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