Business

Textile Parks In TN, WB

The Tamil Nadu Government was taking all efforts to bring a mega textile park sponsored by the Union Government to Virudhunagar district, said Minister for Industries Thangam Thennarasu. Speaking at the special loan campaign organised by the Tamil Nadu Industrial Investment Corporation (TIIC), Thennarasu said that Chief Minister M. K. Stalin has already announced setting up of an apparel park at the SIPCOT industrial estate in Pattampudur in the district. “The Centre has announced setting up seven textile parks in the country. Given that textile industry is the core strength of Tamil Nadu, we have proposed to set up the textile parks at Virudhunagar, Sivaganga and Dharmapuri districts,” he said. He added that Sivakasi, which is known for fireworks, textile and printing industry, has a huge opportunity to set up defence manufacturing units as Tamil Nadu has been announced as a defence manufacturing corridor. Stating that Tamil Nadu has attracted Rs 60,000 crore industrial investment in the last six months, Thennarasu said that the efforts of the Chief Minister was to make Tamil Nadu numero uno in industrial sector and generate more employment opportunities. Revenue Minister K. K. S. S. R. Ramachandran said that Tamil Nadu was providing an entrepreneur-friendly environment to set up more industrial units with lot of subsidy and financial assistance. The Chief Minister, who introduced a separate budget for agriculture sector, has a long-term vision on developing the industrial sector with an transparent administration. The Ministers distributed order sanctioning loan to the tune of Rs 680.70 lakh to eight industrial units, cheque for loans to the tune of Rs 109.98 lakh to five units and also got applications seeking loans to the tune of Rs 1,026.30 lakh from 12 units. WB to set up integrated textile parks in Kalyani, Raiganj Taking another step towards making Bengal self-sufficient in producing fabric, the Mamata Banerjee government has taken the move to set up two more integrated textile parks. The parks would come up at Kalyani and Raiganj. This comes after the state government's success in ensuring a smooth progress in setting up of the integrated textile parks at Ashoknagar and Banipur of Habra in North 24-Parganas. With the setting up of two more integrated textile parks at Kalyani and Raiganj, the state is going to get four such parks that are meant exclusively for production and processing units of fabrics. Units of power looms, spinning mills, wet processing and garmenting industries would come up at the integrated textile parks that are being developed by the West Bengal Small Industries Development Corporation Limited's (WBSIDCL). It would develop the common basic infrastructure including road, water and power supply arrangements of the two parks and it would immensely benefit the entrepreneurs. Plots would be allotted to investors on a long-term basis for setting up of powerloom and other textile related units. The integrated textile parks would come up on plots of around 33.57 acres and around 42.81 acres of land at Raiganj and Kalyani respectively.