Related Keywords: assess investment opportunities, Central and state governments, Delegation from knitwear hub of Tirupur, led by Tirupur Exporters Association, provides sixty percent subsidy on building and common facilities, setting up garment manufacturing units, TEA, under SITP), visited Odisha
A delegation from the knitwear hub of Tirupur led by Tirupur Exporters Association (TEA) visited Odisha to assess investment opportunities in setting up garment manufacturing units in the state. As the Central and state governments provides 60 percent subsidy on building and common facilities under the Scheme for Integrated Textile Parks (SITP), 25 percent subsidy for new machinery, Rs 1 crore interest free working capital loan. Also the state government has stipulated a minimum wage Rs 220 for an eight-hour shift and has schemes to provide employment to new workers as well.
