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Tamil Nadu subsidy to set up mini textile parks in Salem
09
Nov '17
Tamil Nadu subsidy to set up mini textile parks in Salem
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)

Fibre2Fashion News Desk – India


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