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In a meeting held recently at Tiruppur the status of the soon to come up park and requirements were discussed. From the locations shortlisted for the park in Nagapattinam, the minister said, in a news report, they decided on 46.5 hectares of Ayakkaranpulam and Vedaranyam for the project. The minister also said that the union government has offered subsidy of Rs 37.8 crore subsidy and the state Rs 23.62 crore for setting up the park.
Veda textile park is expected to have 36 units in total, of which 2 will be for knitwear and 34 for readymade garments. The park will also employ about 7,000 people according to an estimate quoted by Tirupur Exporters’ and Manufacturers’ Association (TEMA).
The minister also request the Tamil Nadu Skill Development Corporation to train 4,000 employees at the park in stitching and other garment related activities. Happy Sand Academy, NIFT-TEA College of Knitwear Fashion and KPR Mills have offered training support too.
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