Telangana to sign MoU with KAY ventures
The Telangana state government signed an MoU with KAY Ventures for setting up Apparel Super Hub (ASP) at Peddur village, Sircilla.
HYDERABAD: The Telangana state government signed an MoU with KAY Ventures for setting up Apparel Super Hub (ASP) at Peddur village, Sircilla. This will be set up in 20 acres of land and shall house 5,000 state-of-the-art sewing units with its corresponding embroidery, printing, washing and value addition and support facilities.
With a total project outlay of '100 crore, the hub is proposed to be developed in 3 phases and is expected to be completely operational in 3 years.
In the first phase of development, the entire physical infrastructure required for servicing the Apparel Park with Apparel Super Hub will be set up.
( Source : Deccan Chronicle. )
Next Story