The State government has decided to set up a woollen mill in Yadgir district at a cost of Rs 200 crore, Textiles Minister Baburao Chinchansur said on Saturday.
Speaking to reporters, he said the Karnataka Industrial Area Development Board (KIADB) has acquired about 3,500 acres of land in Yadgir for industrial development. Of this, about 100 acres of land will be utilised for the proposed woollen mill, he added.
There are about one crore sheep in the State. Wool generated from the animals will be utilised in the mill to manufacture export-quality blankets. It will be helpful for the farmers who own sheep to generate more income, he said.
The Karnataka Sheep and Wool Development Corporation has been directed to draw up a plan in this regard, the minister added.
Published 02 June 2013, 17:25 IST