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Investors worried by delay in setting up Padalur Textile Park
01 Mar '17
1 min read
Entrepreneurs who had expressed interest in setting up units at the Padalur Textile Park in Tamil Nadu are demanding that the infrastructure for the Park must be developed on a war footing, as it has been delayed for long. When the proposal was mooted by the government, around 30 entrepreneurs had shown interest in setting up facilities in the Park.
The delay has happened, primarily due to hurdles in identification of a proper site for the Park site.
“The Padalur Textile Park has been promoted by State Industries Promotion Corporation of Tamil Nadu (SIPCOT) and is aimed at manufacturing garments meant for export,” a leading daily reported.
However, no dyeing activity would be permitted in the Park in order to protect the ground water as well as the environment. (AR)
The delay has happened, primarily due to hurdles in identification of a proper site for the Park site.
“The Padalur Textile Park has been promoted by State Industries Promotion Corporation of Tamil Nadu (SIPCOT) and is aimed at manufacturing garments meant for export,” a leading daily reported.
However, no dyeing activity would be permitted in the Park in order to protect the ground water as well as the environment. (AR)
Fibre2Fashion News Desk – India
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