Andhra Pradesh Secures Investment Commitments Worth ₹4,100 Crore for Textile Sector at 'Bharat Tex 2026'
New Delhi: Andhra Pradesh has secured investment commitments totaling ₹4,100 crore for textile projects at the 'Bharat Tex 2026' event. Two Memorandums of Understanding (MoUs) were signed on the second day of the event, held at Bharat Mandapam in New Delhi.
These agreements were executed under the supervision of G. Rekha Rani, the Commissioner of Handlooms and Textiles for Andhra Pradesh. This initiative is part of the state government's efforts to attract investment and strengthen the textile and garment industry.
One of the agreements proposes the establishment of a sustainable textile recycling facility in Visakhapatnam with an investment of up to ₹4,000 crore. The second agreement involves setting up a garment manufacturing unit with an investment of ₹100 crore. This unit is expected to generate direct and indirect employment for approximately 3,000 people.
Meanwhile, Union Textiles Minister Giriraj Singh inaugurated the 'Lepakshi Handicrafts' stall. The stall showcases Andhra Pradesh's rich handloom heritage, handicrafts, textile capabilities, and investment potential. Organized by the Union Ministry of Textiles, the 'Bharat Tex 2026' event will continue until July 17.
Rajya Sabha member V. Vijayendra Prasad visited the Andhra Pradesh pavilion and remarked that the state's handloom sector holds significant potential in international markets. He emphasized the need to adopt new technologies, such as Virtual Reality (VR), to enable skilled weavers to connect directly with global buyers.
He also highlighted the growing demand for authentic, handcrafted, and culturally significant products among the Indian diaspora and foreign customers, particularly in the United States. He stated that Andhra Pradesh is well-positioned to emerge as a major global sourcing hub for handloom and textile products.
Pasupuleti Hari Prasad, Chairman of the Lepakshi Handicrafts Development Corporation, commended the Department of Handlooms and Textiles for showcasing Andhra Pradesh's traditional handloom heritage alongside its modern textile and garment industry. He noted that under the leadership of Chief Minister N. Chandrababu Naidu, the state government is committed to accelerating the sector's growth through investment-friendly policies and infrastructure development. The Andhra Pradesh pavilion in Hall No. 9 displays a range of handloom, textile, fabric, and garment products. It also features GI-tagged and 'One District One Product' (ODOP) items from organizations and textile parks such as Guntur Textile Park, Tarkeshwar Textile Park, Harish Fashions, APCO, and Magic Weaves.
Representatives from the Apparel Export Promotion Council (AEPC) also expressed interest in collaborating on awareness and capacity-building programs regarding exports for textile MSMEs.
Officials stated that the state's participation in 'Bharat Tex 2026' is expected to attract new investments, strengthen export ties, and enhance access to global markets. Andhra Pradesh is home to over 15,000 textile MSMEs, more than 140 large textile units, and approximately 35,000 power looms, with textile exports valued at around US$ 444 million.
