India is set to unveil the world first ‘smart home’ manufacturing facility in Hyderabadi, a major industrial hub in the southern Indian state of Telangana, in the coming weeks, officials said.
The facility will be built by the Hyderabad Textiles Factory, the official portal of the Telangane government, the ministry of information and broadcasting (MIB) said in a statement on Thursday.
The company will build about 100 units of the factory over a period of two years, the statement said.
The facility is expected to start production of home textile items from May 2021.
The ministry also said the factory will be an export hub for the textile industry.
The Telangani state is home to the country’s largest textile industry, which employs more than 6 million people and accounts for around 60% of the state’s GDP.
The textile industry has been growing at an annualised rate of 10% over the past five years.
The textile sector is also a key source of employment for the state, which produces about a third of the countrys total cotton crop.
The government has launched a campaign called ‘Sapas’ to boost textile production in the state and has allocated $1.7 billion for textile development.
Telangana’s textile industry is set for a revival, as the state will become the first state to become a hub for industrial production in a year, with a total of around 100,000 industrial jobs.