Work on the integrated textile park in Karur is picking up. The park is among the six parks proposed in Tamil Nadu by the textile ministry. |
Planned on 110 acres in the Manalmedu Thalapatti village on the Karur"�Madurai highway, it will have 400 looms, facilities for gradation and packing among others to cater to exports, official sources said. |
Tenders have been floated to construct a perimeter wall at an outlay of Rs 1.2 crore. |
Besides, work on basic amenities like laying of roads, construction of culverts and storm water drainage at a cost of Rs 8.98 crore has been initiated. In the second phase, a water tank would also be laid at an expenditure of Rs 1.4 crore. |
The Centre has allocated Rs 40 crore and the Tamil Nadu government Rs 5 crore for creating basic infrastructure in the park that include a building for banks, testing laboratories, training centre, exhibition halls, restaurant, and fire and rescue services units. |
In addition, stakeholders and export units would invest Rs 225 crore in machinery and equipment. |