The government of India accorded environmental clearance for Kakatiya Mega Textiles Park’ between Chintalapalli and Sayampet in Warangal Rural district. The State government allotted 2000 acres for this textile park. Chief Minister KCR laid foundation for the mega textile park at Sayampet in Geesugonda mandal on 22 October 2017. So far, 22 investors have entered MoU for establishment of units with an investment flow of Rs.3,400 crores. It is expected to generate employment to 28,800 members.
Spread over 2,000 acres, the park has an investment potential of Rs. l1,586 crore. It is being developed as a vertically integrated model that can cover the complete textile value chain. Major national textile companies like Ganesha Ecosphere, Youngone corporation and Kitex have proposed investments of Rs.2,000 crore in the park.
