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Home » Tamil Nadu to build apparel and mobility parks
Industry Update

Tamil Nadu to build apparel and mobility parks

By September 3, 20212 Mins Read
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Tamil
Nadu

An integrated apparel park in
Virudhunagar district, a future mobility park in Krishnagiri district and a
SIPCOT Industrial Park in Tiruvallur district, were among the major
announcements made by the Tamil Nadu government in the Assembly.

The cost of the apparel park is
Rs 4 billion, Rs 3 billion for the mobility park and Rs 2.5 billion would be
the cost of the SIPCOT Industrial Park.

Industries Minister Thangam
Thennarasu said that the apparel park to be opened on 250 acres at
Kumaralingapuram in Virudhunagar district would boost the economic development
in the southern districts and provide direct and indirect employment to over
15,000 persons.

SIPCOT’s initiative to open the
future mobility park at Shoolagiri in Krishnagiri district, the first of its
kind in the country, followed the emergence of e-vehicles, he said. The SIPCOT
Industrial Park, proposed on 576 acres at Sengathakulam near Uthukottai in
Tiruvallur, is expected to attract about Rs 20 billion in investments and
provide direct and indirect employment to about 3,000 persons.

The Minister said 10 SIPCOT Industrial Parks would be improved at a cost of Rs 1.5 billion,
while waterbodies within and around them would be developed at a cost of Rs 1
billion. Hostels for women would be constructed at the SIPCOT Industrial Parks
at Siruseri and Bargur at a cost of Rs 700 million to help about 1,000 women
workers get accommodation on nominal charges, he said.

Source:
The Hindu

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Read:

https://indiantextilejournal.com/latest-textile-industry-news/good-fashion-fund-and-bangladesh-s-bgmea-to-join-hands

https://indiantextilejournal.com/latest-textile-industry-news/indian-terrain-business-to-go-digital

 

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