In Tamil Nadu’s Tiruchi District, Tiny and Small-Scale Industries Association (TIDITSSIA) is trying to establish a mini textile park as a hub for apparel manufacturing units in Manapparai area.
The association is also looking at support for leading exporters of Tirupur.
As per the industry estimate, around 50 apparel manufacturers in the district have reasonable scale of operations.
It is pertinent to mention here that 3 years back too, the association had tried to set up this textile park, but couldn’t succeed.
Now the State Government is offering 50 per cent of the cost to create roads, a sewage treatment plant and a captive power plant. The trade body intends to make use of this subsidy to start small textile clusters/parks.
As per the State Government rules, ten entrepreneurs can form a cluster and set up a mini textile park on ten acres. They should buy the land and establish a minimum of ten work sheds to get the subsidy.
The mini textile park scheme has to be implemented through formation of a Special Purpose Vehicle.
It is being said that a mini textile park planned by the TIDITSSIA in Manapparai area will pave way for further development of the apparel manufacturing business in Puthanatham town.
R. Ilango, President, TIDITSSIA, said “We will be approaching representatives of textile sector in Tirupur shortly.”
The association sees the SIPCOT Industrial Estate coming up in Manapparai as an ideal location for the purpose, with a special focus on promoting export.
With good road and rail connectivity, a mini textile park in Manapparai will generate substantial employment in the town and surroundings.
Tirupur Exporters and Manufacturers Association (TEAMA) is also positive about this initiative and believes that the scope for a joint venture with TIDITSSIA will be explored.
Notably, TEAMA is already active in establishing a textile park in Nagapattinam district in about 50 acres of land at a cost of Rs. 120 crore.
- In-Depth AnalysisDecember 16, 2021Cotton Yarn/Fabric Market Report – 16th December, 2021
- Industry And ClusterDecember 16, 2021CITI Elects New Office-Bearers for the year 2021-22
- News & InsightsDecember 16, 2021Global Smart Textiles Market Estimated to be Valued at US$ 6.6 Billion by 2026 | MarketsandMarkets™ Study
- ArticlesDecember 16, 2021Can Waste Wool Replace Bubble Wrap?