Summary:
Interest subsidy, power tariff subsidy and SGST reimbursements will be some of the other incentives. Besides land, the incentives approved range from one-time capital subsidy of ?40 crore, interest subsidy, power tariff subsidy, SGST reimbursement and benefits under T-TAP. Technical woven fabricThe other proposal pertaining to technical textile is by Welspun India Ltd.
With an investment of ?409 crore, the project, on 150 acres, is for manufacturing technical woven fabric, stitch bonded fabrics and non-wovens. more-inThe $2.3 billion, diversified Welspun Group proposes to set up three manufacturing facilities in Telangana entailing an investment of over ?1,900 crore. Two of them would be dedicated to the high growth technical textiles, while the other would be for making line pipes..