Presenting the Union Budget 2021, Finance Minister Nirmala Sitharaman unveiled a scheme for setting up mega textile parks in the country, as part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector. "A scheme of mega-investment textile parks will be launched in addition to the PLI scheme," the FM had said.

As part of the above scheme, Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) officials have submitted a representation to the Union Finance Minister Nirmala Sitharaman to allot an integrated mega textile park in the state.

“In this regard, AP Chambers requested the Central government to set up one such park in the state. They also highlighted the strength of the state such as one of the top cotton producers in India, the presence of large spinning mills, availability of raw material and skilled manpower,” said Rao.
The representation was submitted to Sitharaman on Monday.

As Andhra Pradesh is exporting most of the yarn it produces due to lack of value addition, he said that there is a need to set up an integrated mega textile park to transform the major portion of the yarn into fabric and garments within the state, including promoting it as a destination for global textile majors.
“An integrated mega textile park in Andhra Pradesh will enable the textile industry to become globally competitive, attract large investments, develop huge ancillary and support industries and boost employment opportunities in the state,” added Rao.

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