Home / Knowledge / News / Apparel/Garments / Previously troubled northern areas see light of industrialization
Previously troubled northern areas see light of industrialization
08
Oct '10
The Jaffna Industrial Estate in Achchuveli that has been non-operational since 1986 owing to LTTE terrorist activities in the North region will be re-developed from next month. Indian Government is providing funds totaling to Rs 178 million for the development.

India is granting these funds under its Small Industries Grants Assistance to the Sri Lankan Government as a part of its efforts to revitalize the Achchuveli Industrial Estate, informed Mr. V. Sivagnanasothi, Secretary Traditional Industries and Small Enterprises Development Ministry.

A Steering Committee, comprising representatives from Indian High Commission, Finance Ministry and Traditional Industries and Small Enterprises, has been formed to supervise the development of the project, which will accelerate the local employment opportunities in North. Over 4,000 jobs for the youth are estimated to be generated in the province.

Such a development will be undertaken on a 24 acre land under the government's Northern revival plan. Senior Presidential Advisor, Mr. Basil Rajapaksa has carried out this program unilaterally to speed up the development of the North province. The industrial estate will comprise of the basic infrastructure facilities, such as water supply, roads, electricity, factory and an administrative building.

The site will house around 36 apparel and plastic industries. Moreover, major garments manufactures and exports, such as Brandix and MAS Holdings have expressed interest in starting operations in the estate.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: EFI Reggiani

Textiles | On 6th Dec 2016

EFI Reggiani shows inkjet textile solutions at India ITME

EFI Reggiani, a leading technology provider of a full range of...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search