Home breadcru News breadcru Industrial breadcru Tiruppur firms invited to invest in new Veda Textile Park

Tiruppur firms invited to invest in new Veda Textile Park

24 Dec '20
1 min read
Pic: Shutterstock
Pic: Shutterstock

Tamil Nadu state handlooms and textiles minister O S Manian recently invited readymade garment makers and exporters in Tiruppur to invest in the new Veda Textile Park, promising immediate fulfilment of all basic requirements. The government has zeroed in on a 46.5-hectare plot at Ayakkaranpulam in Vedaranyam block in Nagapattinam district for the project.

The planned textile park, to be set up at ₹98.86 crore, would have 36 units—34 for readymade garment and two for knitwear. The central government has offered ₹37.8 crore subsidy and the state ₹23.62 crore, he said.

The Tamil Nadu Skill Development Corporation has been asked to train 4,000 employees at the park in stitching and other allied garment related activities, he was quoted as saying by an English-language daily.

Meanwhile, organisations like KPR Mills, NIFT-TEA College of Knitwear Fashion and Happy Sand Academy have come forward to train the employees.

ALCHEMPro News Desk (DS)

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