Boost Refined Cotton Exports and Textile Park in Coimbatore near Vadippatti, Coimbatore
Tamil Nadu Government and Central Government of India are planning to boost the production of refined cotton products in Coimbatore.
Due to uncontrolled exports of raw cotton to various countries, the production of refined cotton products is affected. The weavers are not getting enough raw cotton.
This is mainly felt in Karur and Tirupur too.
Union Minister of State, Mr.E.V.K.S. Elangovan announced that another textile park would come up in Coimbatore at a cost of Rs 70 crore, the funds for which had been allocated by the Centre. The state should select a site to set up the park. A site had already been selected at Vadipatti for another park in Coimbatore district at a cost of Rs 30-40 crore.
Please read more at Economic Times
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