Tamil Nadu - Erode   

SIDBI opens branch in Erode

Staff Reporter

Urged to help dyers set up effluent treatment plants

SPREADING WINGS: SIDBI Chairman and Managing Director N. Balasubramaniam addressing the inaugural of its Erode branch on Tuesday. - Photo: M. Govarthan

ERODE: The problem of pollution that plagues this textile town, house to a number of tanneries as well, had to be solved with immediate effect.

In this regard, Small Industries Development Bank of India (SIDBI) had a role to play in helping dyeing and tanning units set up effluent treatment plant (ETP), said Collector D. Karthikeyan on Monday at the inaugural function of the Bank's Erode branch.

Expertise

"As individual units, many of them find it difficult to afford an ETP. However, they are looking for ways to do it. For this SIDBI can assist them. And, the district administration will be happy to associate itself with such a project,'' he said.

Suggestion

In response to the suggestion, N. Balasubramanian, Chairman and Managing Director, SIDBI, said "the idea of a special purpose vehicle to facilitate creation of an ETP could be looked into."

For that, they had the expertise required and funds, too, should not be a problem, he added.

Agro-based industries

Suggesting the bank to look beyond textiles in Erode, R. Balakrishnan, Chairman and Managing Director, Tamil Nadu Magnasite Ltd., said agro-based industries, too, should be developed in the town and district, which had a good agricultural base.

"The Bank can perhaps look at providing a platform for selling products of agro-based industries, something on the lines of what the State Government has done to farmers in Uzhavar Sandhai."

Exports

In that regard, the services of district administration could be roped in, he suggested.

G. Sundaram, president, Erode District Small Industries Association, said the Bank would help the town's industries go the Coimbatore and Tirupur way - a hub for woven exports.

G. Balakrishnan, president, Tamil Nadu Small and Tiny Industries Association, K. M. Nair, Zonal Chief, Southern Zone, SIDBI, and E. Ramesh Malarvannan, DGM, SIDBI participated.

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

Stories in this Section

SIDBI opens branch in Erode
Lukewarm response to Ganesha exhibition
Elephant death on the rise
Combating chikungunya
Rainwater enters Kangeyam shandy

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu