Under MITRA, Virudhunagar, Tamil Nadu, might gain a major textile park
_large.jpeg)
13 December 2021, Mumbai:
Tamil Nadu, a leading textile and apparel producing state, is optimistic about receiving a giant textile park under the MITRA project.
Thangam Thennarasu, Tamil Nadu's Minister for Industries, stated that the state government is working hard to bring a major textile park to Virudhunagar district, which is being funded by the federal government. He was addressed during the TamilNadu Industrial Investment Corporation's special lending campaign (TIIC).
"The Centre has announced the establishment of seven textile parks around the nation," the Minister stated. We plan to establish textile parks in the districts of Virudhunagar, Sivaganga, and Dharmapuri because of the textile sector in Tamil Nadu's fundamental strength.``
Many states are vying for at least one park under this huge program, and many trade groups have made strong representations to their state and federal governments in this respect.
The State Government has previously declared the establishment of an apparel park at the SIPCOT industrial estate at Pattampudur, in the district. Tamil Nadu has recently introduced industry-friendly laws, particularly for the textile and clothing industries. Many businesses have stated that they will invest heavily in the state.
Dear Reader, we at DFU Publications are committed to providing the latest news updates on trade development and insights, to keep our readers informed. Stay tuned. Subscribe to our newsletter.
DAILY NEWS:
