Minister for IT and Industries, K T Rama Rao, held a review meeting with senior officials on the textile park, which will come up in 1,200 acres in its first phase and in total 2,000 acres at Shayampet, Chintapalli village, an official release said.
Telangana being one of the largest producers of cotton, the textile park will yield productive results not only to the state, but also to the country, it said.
The textile park will ensure zero liquid discharge facilities aiming to control the pollution levels.
"Investors from across the globe are showing interest in investing in the Park. Presently, 12 companies have agreed to invest in the textile park with an investment to the tune of Rs 3000 crore," it said.
Noted industrialists from the country would also participate in the inaugural event, it added.