Hyderabad, April 9 (SocialNews.XYZ) Apparel major Gokaldas Images on Friday said it will be setting up its unit in Sircilla Apparel Park in Telangana.
Gokaldas Images and Telangana government has signed a Memorandum of Understanding (MoU) in the presence of Industry Minister K.T. Rama Rao, for this purpose.
The firm will create employment opportunities for 1,100 local youth. Out of this, 75 per cent of the jobs will be given to women. Telangana government will also provide skill training to the unemployed youth, making them industry-ready.
Gokaldas Images MD Sumir Hinduja, Principal Secretary, Industries Department Jayesh Ranjan, Handlooms and Textiles Director Shailaja Ramaiyer and Telangana State Industrial Infrastructure Corporation (TSIIC) VC&MD Narsimha Reddy were present during the occasion.
The Telangana government has already set up the infrastructure facilities at the Sircilla Apparel Park.
The park is said to boost the power-loom and handloom sectors apart from giving major scope to the apparel industry in the region.
According to a statement from the Industry Minister's office, the state government's industrial policies have attracted the Apparel industry major Gokaldas Images to set up its industry here.
Hinduja informed the Minister that the Gokaldas Images industry at Sircilla Apparel Park will produce and supply cloth to various global brands in the US and Europe.
Rama Rao expressed happiness over Gokaldas Images setting up their unit in Telangana.
He said that the Telangana government has given top priority to the textile industry in the state and has also introduced various schemes.
Rao added that the government will set up all the required infrastructure and also provide skill training to the local youth, making them industry-ready.
He hoped that more apparel industries will look towards Telangana for future investments.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.