(MENAFN- KNN India)
Saree production unit begins operations at Kakatiya mega textile park in Telangana
Hyderabad, Sept 12 (KNN) The Kakatiya Weavers Cooperative Society (KWCS) begins saree production at the Kakatiya Mega Textile Park in Telangana.
However, the park is yet to be officially inaugurated by Handlooms and Textile Minister KT Rama Rao.
The mega textile park has over 364 power loom units spread over 60 acres of area. It provides direct employment to 5,000 people while 4,000 others are indirectly employed.
As per reports, 364 weaver families came forward to set up power loom units for which the government body handed over 60 acres of land with layout and basic facilities like roads, street lights, and drainage.
Speaking to TNIE, KWCS president Darga Swamy said the 364 members of the society had returned to their native place after learning the techniques in Surat, Gujarat. The State government helped the weavers become entrepreneurs with their own power looms.
He said the Central government gives a subsidy of Rs 8 crore through the Ministry of Micro, Small, and Medium Enterprises (MSMEs), and Rs 2 crore from the society is invested for the development of the textile park.
As many as 160 weavers received bank loan approval and installed the machinery and equipment to start the power loom, while the remaining 200 members are waiting for loan approval from their respective banks. (KNN Bureau)
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