A.P. secures textile investments worth ₹4,100-crore at ‘Bharat Tex 2026’
Andhra Pradesh secured ₹4,100 crore in textile investments at the 'Bharat Tex 2026' event, including a major sustainable recycling facility in Visakhapatnam. State officials highlighted the potential for handloom exports and the integration of new technologies like Virtual Reality to reach global markets.
Why it matters
These investments signal a significant push for industrial growth and modernization in the state's textile and handloom sectors.
Andhra Pradesh received a major investment boost at the ‘Bharat Tex 2026’ with two Memoranda of Understanding (MoUs) signed for textile projects worth up to ₹4,100 crore, on the second day of the event at Bharat Mandapam in New Delhi on Wednesday.
The agreements were signed under the leadership of Commissioner of Andhra Pradesh Handlooms and Textiles, K. Rekha Rani, as part of the State’s efforts to attract investments into the textile sector.
One of the MoUs envisions the establishment of a sustainable textile recycling facility in Visakhapatnam, with a proposed investment of up to ₹4,000 crore. The second agreement is for setting up a garment manufacturing unit with an investment of ₹100 crore, which is expected to create around 3,000 direct and indirect employment opportunities.
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