Three textile companies have come forward to set up integrated mega textile parks. One at Guntur and another at Anantapur, with a total investment of Rs.595 crore. These three parks will cretae around 6000 jobs.
Guntur Textile Park Private Limited will set up a textile park in Gopalamvaripalem Village in Chilakaluripet Mandal, Guntur District. The total cost of the proposed project of Guntur Textile park including the investment in plant and machinery, would be around Rs.491.86 crore. This is going to create employment for about 2960 people.