{
  "id": 10945322,
  "title": "Karnataka approves Rs 4,000 cr textile policy",
  "url": "https://urgent.news/2026/09/30/karnataka-approves-rs-4-000-cr-textile-policy",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-30T12:47:28.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/karnataka-approves-rs-4000-crore-textile-policy-to-attract-rs-20000-crore-investment/articleshow/134594772.cms"
  },
  "original_language": "en",
  "account": "Bengaluru: Karnataka has unveiled its ambitious Textile & Apparel Policy (4.0) 2026-31, allocating a substantial Rs 4,000 crore budget to attract an impressive Rs 20,000 crore in investments and generate 5 lakh jobs within five years. This policy, approved under the guidance of Chief Minister DK Shivakumar, aims to broaden textile and apparel manufacturing beyond the bustling city of Bengaluru, promoting a more equitable distribution of industrial growth across the region.\n\nIdentified 34 focus taluks will receive special attention under this policy, with eligible textile and apparel units in these districts enjoying additional incentives and concessions surpassing those outlined in the policy. This marks a first for Karnataka, as the policy now includes silk yarn production, encompassing silk reeling and spinning, within the purview of the Department of Handlooms and Textiles. This strategic move seeks to bolster Karnataka's silk value chain and stimulate investment in silk-related manufacturing ventures.\n\nA notable provision of the policy grants special incentives to eligible textile and apparel units operating at the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park in Kalaburagi. The primary objective is to fuel investment and employment opportunities in the Kalyana Karnataka region. The government emphasizes that the policy will concentrate on various aspects, including textile production, technical textiles, handlooms, silk, skill development, exports, and sustainable manufacturing, with the overarching goal of establishing Karnataka as a globally competitive hub for textile and apparel manufacturing.\n\nThe government's official notification of the policy was issued on September 30 by Rohini Sindhuri, the secretary of the Department of Commerce and Industries. The policy and its accompanying package of incentives and concessions will come into effect from the same date, 2026, spanning a period of five years or until the announcement of the subsequent textile policy, whichever occurs first, as stated in the release.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}