Fri Sep 12 15:38:35 UTC 2025: Okay, here’s a news article summarizing and rewriting the provided text:

**Karnataka to Launch New Textile Policy, Aiming for 2 Lakh Jobs**

**Bengaluru, September 12, 2025 -** Karnataka is set to unveil its Textile Policy 2025-2030, designed to attract significant investment in the state’s textile and ready-made garment industry. Textile Minister Shivanand Patil announced on Friday that the policy aims to create approximately 200,000 new employment opportunities.

The government is undertaking comprehensive development plans for the sector, including a merger of the Handloom Development Corporation and the Karnataka State Textiles Infrastructure Development Corporation. This decision follows an audit revealing past losses, which had not been conducted since 2020.

“We are taking steps for the comprehensive development of the textile sector, and this includes addressing past inefficiencies,” Minister Patil stated. He also mentioned that he has requested Chief Minister Siddaramaiah to encourage government departments to purchase handloom products, further supporting the industry. A proposal is underway to send a delegation of legislators to the Chief Minister to discuss the matter.

This new policy is expected to revitalize Karnataka’s textile sector, providing a boost to the state’s economy and workforce.

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