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Textiles Secretary visits Palladam Hi-tech Weaving Park
11
May '16
Textiles Secretary Rashmi Verma who led a four-member Textiles Ministry team to the Palladam Hi-tech Weaving Park in Tamil Nadu today, has hailed the progress made by the park on a continuous basis and producing value added products.

Park officials made a presentation to the officials of the Textile Ministry team regarding the status and strategy adopted by the park to make it world class, Chairman and Managing Director and promoter, of Palladam Hi-tech Weaving Park, M Senthilkumar said in a press release.

The park has been receiving first preference from the Ministry of Textiles for implementing the Scheme for Additional Grant for Apparel Manufacturing, Senthilkumar said.

He said that the Central Government has given a grant of Rs.10 crores for adding garment and made-ups manufacturing facilities in the weaving park and the project is being planned at a cost of Rs.26.15 crores. One garment unit has come into commercial operation and four more units are under progress.

Senthilkumar, who is also the president of the Southern India Mills Association (SIMA), said that the Textiles Ministry has also given a grant of Rs.3.00 crores under the Scheme for Textile Industry Workers' Accommodation and the park is constructing hostel for workers at a cost of Rs.6.55 crores.

The park currently provides employment to 2900 workers directly and around 3000 workers indirectly. The park is on the expansion mode and likely to create new jobs for another 3000 people by 2017.

The SIMA Chairman claimed that Textiles Secretary Rashmi Verma assured him of all support for further value addition and expansion. (SH)

Fibre2Fashion News Desk – India

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