Business Economy


PM to inaugurate ₹1,700 Cr Kakatiya Mega Textile Park at Warangala in Telangana

Hyderabad, May 9 (UNI) Prime Minsiter Narendra Modi will inaugurate the PM MITRA Park at Warangal, also known as the Kakatiya Mega Textile Park (KMTP), developed under PM MITRA Scheme, on Sunday.
Developed at an estimated cost of around ₹1,700 crore, it is India’s first fully functional PM MITRA Park and operationalises the Government of India’s 5F vision - Farm to Fibre to Factory to Fashion to Foreign.
Strategically located near the proposed Nagpur-Vijayawada Greenfield Expressway (NH-163G) and in proximity to NH-163, the park offers excellent multimodal connectivity to major railway networks and seaports, ensuring seamless logistics for global trade.
Designed as a world-class industrial ecosystem, the park is equipped with state-of-the-art infrastructure including an extensive internal road network, dedicated power substation and assured water supply.
It also emphasises sustainable development through a Common Effluent Treatment Plant with Zero Liquid Discharge technology.
Telangana is well-suited for cotton production, as 23 per cent of the region is covered by rich black soil. Since the Nizam period, the area has been known for its high-quality cotton.
In 1934, the 7th Nizam, Mir Osman Ali Khan, established the Azam Jahi Mills, which became a hub for textile production and provided employment to 10,000 people.
Following the formation of Telangana, the state TRS government under K Chandrashekar Rao (KCR) undertook the initiative to revitalise the textile sector by establishing the Kakatiya Mega Textile Park - named in the honour of Kakatiya Dynasty.
The foundation stone for the park was laid down in October 2017.
The Kakatiya Mega Textile Park was selected as part one of the seven approved sites under the PM-MITRA Scheme’s frameworks.
The KMTP park, however, was approved as a brownfield project, reflecting the already operationalized nature of the park under the Ministry of Textiles’ framework.
The KMTP park, which has been operational for some time, has employment potential of more than one Lakh direct and indirect jobs, making it a significant booster for the Warangal region.
UNI KNR RN
More News

NSE files papers for Rs 30,000 cr IPO

18 Jun 2026 | 10:45 PM

Mumbai, June 18 (UNI) The National Stock Exchange (NSE) has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.

see more..

BSH Reimagines Premium Refrigeration with India's First Perfect-Fit Four Door Side-by-Side Refrigerators

18 Jun 2026 | 10:35 PM

Pune, June 18 (UNI) As Indian consumers increasingly seek appliances that blend design, convenience, and premium living, BSH Home Appliances Pvt. Ltd., a subsidiary of BSH Hausgeräte GmbH, has entered the fast-growing Side-by-Side refrigerator category with the launch of its new Bosch and Siemens Four Door Side-by-Side Refrigerators.

see more..

Rourkela Steel Plant launches India’s 1st ERP-SAP integrated CO₂ dashboard to accelerate decarbonisation

18 Jun 2026 | 7:25 PM

Bhubaneswar, Jun 18 (UNI) In a major push towards sustainable steel production and digital environmental governance, Rourkela Steel Plant (RSP) has launched a first-of-its-kind CO₂ Dashboard featuring 100 per cent ERP-SAP based data integration to monitor and manage carbon emissions across its operations.

see more..

18 Jun 2026 | 7:20 PM

New Delhi, Jun 18 (UNI) The Government of India has assured citizens that fuel availability remains stable amid the evolving situation in West Asia, with refineries operating at high capacity and adequate stocks of petrol, diesel, and LPG maintained across the country.

see more..

ASSOCHAM Summit highlights Telangana’s push for clean energy and e-mobility

18 Jun 2026 | 6:21 PM

Hyderabad, June 18 (UNI) Experts from government, industry, research institutions and the clean technology sector deliberated on strategies to accelerate Telangana's transition towards clean energy, sustainable mobility and low-carbon industrial growth at the ASSOCHAM Telangana Clean Energy Summit 2026 held here on Thursday.

see more..