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Divya Textiles of Surat has set up the first unit at the upcoming Whitegold Spintex Integrated Textile Park, which is being established at Ibrahimpatnam in Rangareddy district of Telangana.
The company has set up 24 rapier looms with electronic jacquard and produces 1,200 sarees daily.
Jayesh Ranjan, Principal Secretary (Industries & IT), Telangana, and EV Narasimha Reddy, Vice-Chairman & Managing Director, Telangana State Industrial Investment Corporation, were present on the occasion.
More than 60 textile entrepreneurs from Surat attended the event. In his address, Ranjan promised full support to the investors in approval of incentives and urged them to submit proposals for customized incentives.
Whitegold Spintex Integrated Textile Park is being set up on 130 acres of land at Ibrahimpatnam and will provide developed plots to weaving, knitting and garment units.
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