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SIMA chief hails Vision Tamilnadu 2023

23 Mar '12
2 min read

Mr. S. Dinakaran, Chairman, The Southern India Mills' Association (SIMA) has haled the Vision Tamilnadu 2023 released by the Hon'ble Chief Minister of Tamilnadu which sets a target of 11% GSDP and make an investment of Rs.15 lakh crore for infrastructure and other development activities by 2023.

He has stated that Tamilnadu textile industry being the backbone of the State's economy accounting for 1/3rd of the textile business of the Nation, providing direct employment to over 50 lakh people, would be the major beneficiary out of the various schemes announced in the Vision Tamilnadu 2023. SIMA chief has stated that Coimbatore, Salem, Madurai, Tirupur were already notable cities for textile business in the global map and Coimbatore is the hub of the textile business.

He further stated that major worrying factor for sustaining the competitiveness and the growth of the textile industry was lack of infrastructure particularly roads, ports and more so power in the recent years. The vision document envisages building world-class infrastructure in the State addressing all the bottlenecks. It also addresses the issue of clearances which would make the State as the ultimate destination for investment.

Mr. S. Dinakaran has welcomed the CM's vision of building 20,000 MW additional power generation capacities in the next 10 years. He has stated that the textile industry in the State would gear up itself to meet the vision set by the Hon'ble Chief Minister to achieve the inclusive growth and also skill development.

He has appealed to the Hon'ble Chief Minister for considering two centres of excellence for skill development with necessary R&D facilities, one in Madurai and one in Coimbatore which are the centres for textile business and textile clusters. Mr. Dinakaran has also hailed the importance given for innovation and development of SMEs in the State.

SIMA Chairman has stated that Tamilnadu is already No.1 State in the textile business in the country and no other province, even in China, has such a huge capacity in a radius of 100 Kms taking Coimbatore as the Centre.

The Southern India Mills' Association (SIMA)

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