The Hindu : Tamil Nadu News : Council seeks special package for powerloom sector

Online edition of India's National Newspaper
Monday, Aug 16, 2004

Tamil Nadu

Tamil Nadu

Council seeks special package for powerloom sector

By Our Staff Reporter

COIMBATORE, AUG. 15. A special package should be announced by the State Government for the powerloom sector similar to the one announced by the Maharashtra Government, M. Senthil Kumar, Powerloom Development and Export Promotion Council (PDEXCIL) chairman, has appealed.

He was speaking at a seminar on "Sustainable Growth of Decentralised Powerloom Sector through Hi-Tech Weaving Park" held here recently. Mr. Senthil Kumar said such a package (which would include power tariff concession and reduction of Sales Tax on textiles) would help the development of the powerloom units in the State.

The Hi-Tech Weaving Park projects, initiated by the Council, would help increase the per capita income of the powerloom weavers.

Four such parks were planned at Palladam, Komarapalayam, Erode and Andipatti.

Land identified

Totally, 212 acres had been identified and about 155 acres acquired so far. A total of 2,700 looms were likely to be installed in the parks.

The proposals had been submitted to the State Government under the Textile Centre Infrastructure Development Scheme (TCIDS).

Mr. Senthil Kumar said "the State Government has agreed in principle to sanction 50 per cent stamp duty exemption for purchase of land" for the Palladam park.

The projects for workshed scheme were under preparation.

The parks were being set up under the TCIDS, group workshed scheme for the decentralised powerloom sector and the Technology Upgradation Fund Scheme of the Centre.

It was planned to import new or second-hand hi-technology looms for these parks. The Council would organise an investors' meeting shortly to discuss the next course of action.

Printer friendly page
Send this article to Friends by E-Mail

Tamil Nadu