The construction of the Textile Park at Irur village on the Tiruchi-Perambalur National Highway to start by October as all the preliminary works have been taken up for the transfer of land to the State Industries Promotion Corporation of Tamil Nadu (SIPCOT).
The textile park proposal has attracted a large number of entrepreneurs, with as many as 31 entrepreneurs from different parts of the State expressing interest to set up their units. One of them has demanded allocation of five acres for producing readymade garments.
The textile park will mainly cater to the needs of export-oriented readymade garments units and production of yarn. A number of entrepreneurs have submitted their projects to set up T-shirt manufacturing units.
To support the textile park, the Tamil Nadu Water Supply and Drainage Board has planned to provide water supply to the site where the Park is to be constructed on an area of 40.35 hectares – 36.79 hectares of government poramboke land in Padalur village and 3.56 hectares of government poramboke land in Irur village.
Also a sum of Rs. 65 lakh has been sanctioned for laying a tar road from the National Highway to the site. The proposal was mooted as early as 2012 and suffered various bottlenecks particularly with regard to the selection of a site.
However, the park would not handle dyes and chemicals to prevent environment pollution.
Loop Industries has raised €10 mn through a convertible preferred security agreement with Reed Societe Generale Group, an entity under…
OJAS has partnered with Maharishi for a capsule collection in military-inspired aesthetics featuring Maharishi’s Original Snopants, sweatshirt, and a tote…
Red Run has announced its foray into menswear with menswear collection, titled ‘Drop 1,’ featuring 10 essential pieces designed for…
INEOS Styrolution, a global leader in styrenics, has successfully completed its first project involving mechanically recycled polystyrene in yoghurt cups.
Sustainable fashion brand Virgio has partnered with Ola Electric to offer eco-friendly doorstep deliveries of its products during the festive…
Kingpins Hong Kong hosted its second annual pop-up event at the DX Design Hub, putting the spotlight on denim innovation…