Home / Knowledge / News / Textiles / Tirupur dyeing units to get first installment of loans
Tirupur dyeing units to get first installment of loans
23
Feb '12
Dyeing units in Tirupur cluster of south Indian state of Tamil Nadu are likely to receive the first installment of the interest-free loan package for upgradation of the Common Effluent Treatment Plants (CETPs), by the end of this month.

The initial disbursal would be 10 percent of the total amount of Rs. 1.79 billion, and it would be distributed to the individual stakeholders.

As per the terms of loan package, the first 10 percent of the loan amount is meant for undertaking construction and civil engineering activities at the CETP sites.

The second installment of 20 percent would be for procuring equipment to upgrade and increase the efficiency of the plant. Once the equipment is procured, another 40 percent of the loan amount will be released.

A 20 percent of the sum will be disbursed after the installation of new equipment is completed at the respective plants. The final installment of 10 percent would be given only after the CETPs are visited, evaluated and certified by officials from the Pollution Control Board.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Dharmendra Shah
Ozone PB Spintex Limited

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

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Pranav Mishra
Huemn

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search