Uttar Pradesh’s Textile department has claimed that various companies have invested Rs. 8,715.16 crore in last 4 years to set up 66 factories in the state.
Out of these textile factories, 12 have already been set up, while construction of 18 others is underway and it will provide employment to 5,25,087 people.
As many as 18 factories are expected to start production this year itself. Besides, construction of 17 more textile factories is also expected to begin this year. These factories will start the production next year.
As per UNI news, an official of UP’s textile department pointed out that a total sum of Rs. 645 crore was spent for setting up 12 textile factories that have become operational.
Notably, 2,870 people have got employment in the 12 units.
The official also said that this was possible only due to the industry-friendly policies of the State Government.
Those who invested in the state include the likes of GLKK Industries, which has invested Rs. 25 crore in Ruma Kanpur for fabric production, and Srishti Industries that set up a knitting factory in Kanpur (Rural).
Furthermore, Ganges Apparel and Anilikha Fabric have established garment and hosiery cloth factories, respectively, in Kanpur.
Rajlakshmi Cotton Mills has set up a garment factory in Noida at a cost of Rs. 50 crore apart from the one in Kanpur, while Kalyani Innerwear has established an inner garment factory in Ghaziabad.
Besides, TT Limited has established a garment factory in Amroha at a cost of Rs. 50 crore, whereas Sunwin Textile has set up a lace fabrics factory in Badaun.
As claimed by an official, there are 28 more investment proposals related to setting up of textile factories, whose investors are yet to apply for land.
