Interviews
Tamil Nadu subsidy to set up mini textile parks in Salem
09 Nov '17
1 min read
Tamil Nadu will provide a subsidy of Rs 2.5 crore to set up mini textile parks in Salem district, according to district collector Rohini R Bhajibhakare. The state government will offer 50 per cent of the cost to create roads, a sewage treatment plant and a captive power plant and has already initiated discussions with entrepreneurs regarding this, she said.
Ten entrepreneurs could form a cluster and set up a mini-textile park on ten acres. The entrepreneurs should buy the land and establish a minimum of ten work sheds to get the subsidy, Bhajibhakare said. The subsidy will be released in three installments.
She was addressing a recent meeting in Salem organised by the department of handlooms and textiles to discuss the initiative, according to a report in a top South Indian newspaper. (DS)
Ten entrepreneurs could form a cluster and set up a mini-textile park on ten acres. The entrepreneurs should buy the land and establish a minimum of ten work sheds to get the subsidy, Bhajibhakare said. The subsidy will be released in three installments.
She was addressing a recent meeting in Salem organised by the department of handlooms and textiles to discuss the initiative, according to a report in a top South Indian newspaper. (DS)
Fibre2Fashion News Desk – India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
