Integrated textile processing park to be set up in Ramanathapuram

An integrated textile processing park has been ordered to set up by Tamil Nadu chief minister J. Jayalalithaa, in Thiruvadanai at Ramanathapuram district worth Rs. 150 crore. The project will be under the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) which will house 30 textile-related companies, giving direct employment to almost 6,000 people. A desalination plant with a capacity of 1 crore litre will also be installed 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.