Handloom Textiles Producers' Company Limited and a common facility centre, forming a part of the endeavor to promote and develop the weaving sector are to be set up at Manamedu village near Musiri in Tamil Nadu. The venture has been undertaken by the Textiles Committee, which is affiliate of the Union Ministry of Textiles.
It is believed that establishment of this Company will highly benefit the weavers in and around Tiruchi district as the Company is planning to enroll the around 3,000-odd weavers engaged in Tiruchi and surrounding areas, and will be managed by a Board of Directors.
V. Velmurugan, Deputy Director, Textiles Committee, Karur informed that, besides individual weavers, the Company will also incorporate master weavers, handloom traders, exporters and wholesale firms.
The common facility centre will be extending adequate infrastructure, mainly in the form of dyeing. The company is to commence its operation within a month at a building which is to be constructed at Manamedu.
Also a budget of Rs. 4 million has been allocated by the Textiles Committee for construction of common facility centre. The centre is to aid in reducing the production cost by 20 percent, thus stimulating the weaving sector.
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