Rs. 150-cr textile processing park among slew of industrial projects in TN.

A Rs. 150-crore integrated textile processing park will come up in Ramanathapuram, Chief Minister J Jayalalithaa announced in the Assembly recently.

The 224-acre industrial park will have space for 30 textile units with cumulative investments of over Rs. 450 crore and generate 6,000 jobs. A 10 million litres a day desalination plant will be set up to meet the water requirements.

The project facilitated by Tamil Nadu Industrial Development Corporation will be funded by a Central grant of Rs. 70 crore, focus product scheme assistance of Rs. 40 crore and State Government and State Industries Promotion Corporation funding of Rs. 40 crore.

Some of the other projects announced included an investment by Tamil Nadu Salt Corporation which will partner a private sector to establish a Rs. 200-crore caustic soda plant in Nagapattinam district.

TIDCO will set up a Rs. 350-crore engineering and design centre for aerospace products. This two-lakh square foot facility will be established in Vallam-Vadagal in Sriperumbudur. This project will be set up through a special purpose vehicle, the Chennai Aerospace Park Ltd.

The Chennai Trade Centre will be expanded at a cost of Rs. 298 crore with a 16,000 sq metre exhibition hall and a multi-tier car park.

The Transport Corporation of India will set up a 43-acre logistics park with an investment of Rs. 270 crore. This will come up in Sriperumbudur and Thiruvallur, she said.



HBL