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Karnataka Unveils Textile and Apparel Policy 4.0 with Rs 4,000 Crore Outlay
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News18•30-09-2026, 19:15
Karnataka Unveils Textile and Apparel Policy 4.0 with Rs 4,000 Crore Outlay
- •The Karnataka government has launched its Textile and Apparel Policy (4.0) 2026-31, backed by a Rs 4,000 crore allocation.
- •The policy aims to attract Rs 20,000 crore in investments and create five lakh new jobs over the next five years.
- •It prioritizes balanced regional industrial growth, identifying 34 focused taluks for special attention and additional incentives.
- •For the first time, the policy includes silk yarn production activities, strengthening Karnataka's silk value chain.
- •Special incentives are offered for units in the PM-MITRA Park in Kalaburagi to boost investment and employment in the Kalyana Karnataka region.
Key Questions Answered
The Karnataka government has allocated Rs 4,000 crore for the implementation of the Textile and Apparel Policy 4.0, with the goal of attracting Rs 20,000 crore in investments and creating five lakh new jobs over a five-year period.
For the first time in the history of the Department of Handlooms and Textiles, silk yarn production activities, including silk reeling and spinning, have been included within the policy framework to strengthen the state's silk production value chain.
The policy identifies 34 focused taluks for special attention and offers special incentives and concessions for eligible textile units established at the PM-MITRA Park in Kalaburagi to ensure balanced regional industrial growth.
