• CALL US : +91-422-4225333
  • WAPP : +91-9952412329

The Southern India Mills’ Association

Committed to Foster the Growth of the Textile Industry

Four firms sign MoU with government to set up textile units in Ballari

Ballari Textile Cluster is among nine clusters identified and proposed to be set up
Four entrepreneurs have signed Memorandum of Understanding (MoU) with the State government to set up textile units in Ballari at the recently launched China Model Industrial Development Clusters, an ambitious initiative of the State government.
Ballari Textile Cluster is among the nine clusters identified and proposed to be set up in the State. The idea is to generate employment for 1 lakh persons where these clusters are located. Ballari is known for its readymade leg wear, particularly jeans, across the country and also in the international market.
However, a sizeable number of garment units are in the unorganised sector with a sizeable workforce depending on it.
Royal Intex Apparels, Binary Apparel Park, and Gokaldal Exports, all from the State, and Shahi Exports from Faridabad in Haryana are the four firms to sign the MoU to invest around Rs. 25 crore, Rs. 100 crore, Rs. 80 crore, and Rs. 100 crore respectively.
The firms have promised to set up their units between 2019 and 2020.
Sources in the District Industries Department told The Hindu that these entrepreneurs have also submitted a wishlist to the government to allot suitable land required for setting up their units, allotment of land at low cost, exemption of stamp duty and conversion charges, and also wages subsidy to the tune of Rs. 3,000 per labourer per month, among other things.
“The wishlist is under the consideration of the government,” sources added.
However, some of the smaller units welcome the government’s initiative but also hoped that the scheme would promote Micro and Small and Medium Enterprises (MSME) in this sector.