Advertise Here [468 W x 60 H pixels]
Web Exclusive | February 2018

Future Group plans textile mill in Telangana

The country’s top retailer, Future Group, is in talks with the Telangana government to set up a garment manufacturing facility in the state for its retail apparel vertical.

“We are looking at getting into garmenting as a business here in Hyderabad as we want to have a textile mill in each of our centres,” Future Group Chief Executive Kishore Biyani said. The group is targeting a business of Rs 4,500 crore from the Hyderabad market by fiscal 2018-19 from the current Rs 2,500 crore. The Future Group, which is looking to triple its revenues to Rs 1 lakh crore by 2021 from around Rs 30,000 crore this fiscal, expects Rs 40,000-crore revenue by 2018-19.

Speaking at the launch of Future Consumer’s Golden Harvest Sona Masoori rice in the southern market, Biyani said it was too early to say if the proposed mill would come up at the 2,000-acre Warangal mega textile park, being touted the largest in the country. The state government has already signed agreements with Korea-based Youngone Corporation, Welspun Group and Chirpal Group, who have agreed to invest Rs 1,000 crore, Rs 750 crore and Rs 70 crore, respectively, on facilities at the Warangal textile park.

Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
Arun Textile Engineers Pvt Ltd      Arvind Rub-Web Controls Ltd      Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Bharat Bijilee Ltd      Condair      Elgi Electric and Industries Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Fourwents Engineering Co.      Gandhi Automation Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Konica Electronics Enterprise      Labelmach      Lakshmi Card Clothing Mfg Co. Pvt Ltd      Lakshmi Machine works Ltd      Loepfe Brothers Ltd (Masterline)      Nestling Technologies      Peass Industrial Engineers Pvt Ltd      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Savio Texcone (P) Ltd      SRE Corporation      Stakall      Staubli AG      Stovec Industries Ltd      Texfab Engineers (India) Pvt Ltd      The Southern Gujarat Chamber of Commerce and Industry      Thymas Electronics Pvt Ltd      Weavetech Engineering Pvt Ltd      Arun Textile Engineers Pvt Ltd      Arvind Rub-Web Controls Ltd      Autotex Ancillaries Pvt Ltd      B & R Industrial Automation Pvt Ltd      Best Power Equipments India Pvt Ltd      Bharat Beams Pvt Ltd      Bharat Bijilee Ltd      Condair      Elgi Electric and Industries Ltd      Embee Corporation      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Fourwents Engineering Co.      Gandhi Automation Pvt Ltd      K.U. Sodalamuthu and Co. Pvt Ltd      Konica Electronics Enterprise      Labelmach      Lakshmi Card Clothing Mfg Co. Pvt Ltd      Lakshmi Machine works Ltd      Loepfe Brothers Ltd (Masterline)      Nestling Technologies      Peass Industrial Engineers Pvt Ltd      Prashant West Point Machinery Pvt. Ltd      Premier Evolvics Pvt Ltd      Rabatex Industries      Savio Texcone (P) Ltd      SRE Corporation      Stakall      Staubli AG      Stovec Industries Ltd      Texfab Engineers (India) Pvt Ltd      The Southern Gujarat Chamber of Commerce and Industry      Thymas Electronics Pvt Ltd      Weavetech Engineering Pvt Ltd