Newly Established Fabric Dyeing Business Investment Opportunity in Chamarajanagar, India

- Proposed fabric processing plant that can produce 1,20,000 meters of fabric daily. This includes 70,000 meters of dyeing, 30,000 meters of printing and 20,000 meters of RFD and White.
- Karnataka Industrial Area Development Board has agreed to issue a ‘No Objection Certificate' to set up a textile processing unit at the proposed site. Water supply is also assured.
- The electricity regulatory authorities have agreed to issue a conditional feasibility certificate for supply of power at the project site.
- HDFC Bank, Bangalore, has expressed willingness to finance the development of the textile processing unit.
- The inputs required for production is available at economical rates near the project location. The area is well-connected to Ichalkaranji, Belgaum, Kolhapur, Thirpur & Salem.
- The labor required for the proposed activity is ensured in sufficient quantity. Skilled labor is available from nearby villages.
- Regular transport services are available at economical rates.
- Multiple concessions and subsidies granted as per government schemes to promote businesses are available.
- The project is proposed to be carried out as per environmental norms. The necessary sanctions, clearances, and approvals with respect to the same will be obtained.
- To that extent, the project will have a zero liquid discharge plant from Huber Germany with MBR technology. Will also have ESP at the Boler to reduce air pollution.
- The whole plant will be monitored by an ERP system and the business is installing software from X-Rite.
- Business has already received a single window clearance certificate for the project and have entered into an agreement with another company to install the required machinery. Business only requires seed funding of INR 30 crore to initiate the project by acquiring the land and constructing the facility.